Tridge summary
In the first 8 months of 2024, Vietnam's chili exports reached 8,800 tons, generating over 21.2 million USD, which represents a 6.1% increase in volume and a 34.8% increase in value compared to the same period last year. China remains the largest market despite a slight 0.2% decrease in import volume, while Laos and the US have shown significant increases. Vietnam's chili is popular for its high spiciness and variety, with the Mekong Delta and Lang Son province being key production areas.
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 Association (VPA), Vietnam's chili exports in the first 8 months of 2024 reached 8,800 tons with a turnover of more than 21.2 million USD, up 6.1% in volume and 34.8% in value over the same period last year. The main export markets are China with 7,377 tons, accounting for 83.8% of total export output, but down 0.2% over the same period last year. Laos ranked second with 970 tons, up 48% over the first 8 months of 2023. The US ranked third and was also the strongest export market with 163 tons, up 143.3% over the same period last year. Chili exports to the US market increased sharply by 143%. Illustrative photo China has been the largest export market for chili in recent years. According to some experts, because Vietnamese chili is highly spicy and has many different types such as chili, hot pepper, yellow horn chili... all very spicy, it is favored by this market. Moreover, due to the difference in seasons, for ...
Source: VNRuralEconomics
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