Vietnam: Brazil, Cambodia, and Indonesia represent the biggest markets for local peppers

Published 2024년 7월 8일

Tridge summary

In the first half of the year, Vietnam's pepper imports amounted to US$69.6 million, with Brazil, Cambodia, and Indonesia as the main suppliers. June experienced a significant 48.5% drop in import turnover compared to May. From January to June, Vietnam imported 18,002 tonnes of pepper, marking an increase in value by US$18.9 million year-on-year. While imports from Brazil decreased, those from Cambodia and Indonesia increased. Vietnam exported 142,586 tonnes of pepper, generating over US$634 million, despite a 6.8% decrease in turnover. Higher global pepper prices compared to domestic prices contributed to the reduced imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The first half of the year witnessed Vietnam spend US$69.6 million on pepper imports, of which Brazil, Cambodia, and Indonesia made up the country’s three largest pepper supply markets. According to preliminary statistics released by the Vietnam Pepper and Spice Association (VPSA), June alone saw the country imported 1,950 tonnes of the item. Of the total black peppers reached 1,134 tonnes, white peppers hit 816 tonnes, whilst total import turnover grossed US$8.5 million, a drop of 48.5% compared to last month. Vietnamese imports from Indonesia surged by 45.1% to 946 tonnes, while imports from Cambodia decreased by 71.9% to 537 tonnes and imports from Brazil drop by 86.2% to 135 tonnes. Imports of businesses in the VPSA fell by 66.5%, accounting for 44.2%. From January 1 to June 30, the country imported 18,002 tonnes of pepper of all kinds with a total import turnover of US$69.6 million, up by 18.9 million on-year. The three major pepper suppliers to the Vietnamese market include ...

Source: WTOCenter