In the first 5 months of 2024, export pepper prices increased by 39,3% over the same period

The Import-Export Department (Ministry of Industry and Trade) cited data from the General Department of Customs as saying that in May 5, Vietnam exported pepper to 2024 thousand tons, worth 30 million USD, an increase of 135%. in volume and an increase of 14,4% in value compared to April 15,9; up 4% in volume and 2024% in value compared to May 3,7.

In the first 5 months of 2024, Vietnam's pepper exports are estimated to reach 113 thousand tons, worth 487 million USD, down 14,1% in volume, but up 19,7% in value compared to the same period last year. .

It is estimated that on May 5, Vietnam's average export pepper price will reach 2024 USD/ton, up 4.492% compared to April 1,3 and up 4% compared to May 2024. In the first 44,6 months of 5, Vietnam's average export pepper price is estimated at 2023 USD/ton, up 5% over the same period last year.

From the beginning of the year until now, Vietnam has promoted pepper exports to many traditional markets such as the United States, India, Germany, the Netherlands, Korea, Egypt..., but reduced exports to the United Arab Emirates. United Arab Emirates. Pepper exports to many markets increased sharply in both quantity and value. Notably, pepper exports to German and Korean markets grew by up to 3 digits.

Also according to the Import-Export Department, exports of most types of pepper increased in quantity, except black pepper; In terms of value, all types of pepper increased. In particular, the export rate of ground black pepper, white pepper and ground white pepper recorded double-digit growth in both volume and value.

Source: Vietnam.vn