Vietnam's chili export turnover increased by nearly 32%

Published 2024년 10월 30일

Tridge summary

In September 2024, Vietnam's chili exports amounted to 474 tons, generating 1 million USD, reflecting a 39% decrease from the previous month. Despite this decline, the first nine months of 2024 saw a total export of 9,274 tons, with a turnover of 22.2 million USD, marking a 5.3% increase in volume and a 31.8% rise in turnover compared to the same period in 2023. The primary export markets are Laos and China, which account for 43% and 33% of the market share, respectively. Vietnam is a major global chili producer, with significant cultivation in Dong Thap and Lang Son provinces, and its chili is particularly popular in China for its spiciness and variety. In 2023, chili exports reached 20 million USD, a 107% increase from 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary statistics from the Vietnam Pepper and Spice Association (VPSA), Vietnam's chili exports in September reached 474 tons with a turnover of 1 million USD, down 39% compared to the previous month. Laos was Vietnam's main chili export market in September with 206 tons, followed by China with 154 tons. In the first 9 months of 2024, Vietnam exported 9,274 tons of chili, with a total export turnover of 22.2 million USD, up 5.3% in volume and a sharp increase of 31.8% in turnover over the same period. The leading export markets include: China and Laos, accounting for 33% and 43% of market share. Vietnam's chili export turnover increased by nearly 32%. Photo: MH Chili is a familiar fruit to Vietnamese consumers, sold at prices ranging from 22,000 - 28,000 VND/kg. Farmers consider chili plants to be a 'one capital, ten profits' plant because chili has the characteristics of short-term growth, can be intercropped with fruit trees and does not require much care, so ...

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