The US increased imports of Vietnamese and Chinese pepper

The Import-Export Department (Ministry of Industry and Trade) cited statistics from the General Department of Customs: 7 months of 2022, pepper exports reached 142.56 thousand tons, worth $639.84 million, down 20.9 % in volume but up 8.2% in value over the same period in 2021. The average export price of pepper in the past 7 months reached $4,488/ton, up 36.8% over the same period in 2021. The main export markets of Vietnam's pepper include: the United States, the United Arab Emirates, Pakistan, the UK... Notably, the Import-Export Department focused on analyzing quite clearly the situation of exporting pepper to the US market. According to data from the US International Trade Commission, in the first five months of 2022, the US's pepper imports reached approximately 36.87 thousand tons, worth 183.2 million USD, up 3.5% in terms of quantity. volume and increased 55.5% in value over the same period in 2021. The average import price of US pepper reached US$4,969/ton, up 50.3% ...