Vietnam's pepper exports to the US account for most of the world's market share, 6 months has exported 27,000 tons of pepper

Published Sep 7, 2023

Tridge summary

In the first 6 months of 2023, the US imported 33,660 tons of pepper worth $155.63 million, a decrease of 25.7% in volume and 30.3% in value compared to the same period last year. Vietnam was the largest source of pepper for the US during this time, with 26,620 tons imported, worth $117.79 million. Vietnam's pepper market share in total US imports remained stable at 79.1% in the first 6 months of 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the US International Trade Commission, in the first 6 months of 2023, the US imported approximately 33,660 tons of pepper, worth $155.63 million. US pepper imports decreased by 25.7% and by 30.3% in value over the same period last year. Notably, in the first 6 months of this year, Vietnam was the largest source of pepper for the US in the first 6 months of 2023. Specifically, the US bought 26,620 tons of pepper from Vietnam, worth 117.79 million USD, down 19% in volume and 26.6% in value over the same period last year. Although both volume and value decreased, Vietnam's pepper market share in total US imports remained stable at 79.1% in the first 6 months of 2023. In addition, the US market also imports pepper from India, Indonesia ... and the amount of pepper imported from these countries is also in a downward trend compared to the same period last year. The average import price of US pepper in the first 6 months of 2023 reached US$4,624/ton, down ...
Source: Danviet

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