US emerges as biggest consumer of Vietnam’s pepper
Vietnam exported 235,335 tonnes of pepper, including 207,498 tonnes of black pepper and 27,837 tonnes of white pepper, in January - November to earn US$1.22 billion, with the US being the biggest importer, according to the Vietnam Pepper and Spice Association (VPSA).
This represented a 3.5% decrease in export volume but a 46.9% jump in value compared to the same period last year.
In November alone, the country shipped abroad 15,948 tonnes of pepper of all types, worth US$106.5 million, statistics show.
During the 11-month period, the US became Vietnam's top pepper importer when it purchased 67,802 tonnes, a significant 41.1% increase from a year earlier, accounting for 28.8% of the total volume. It was followed by the United Arab Emirates (UAE) with a 42.7% rise and a 6.6% share, and Germany with a 67.7% rise and a 6% share.
Many markets recorded double-digit growth such as the Netherlands (41.8%), the Republic of Korea (34.8%), Pakistan (34.5%), Canada (19.7%), Russia (15.5%), and the UK (14%). Meanwhile, China is the 6th largest importer of Vietnamese pepper, but exports to this market nosedived by 83.6% year-on-year.
The VPSA also said that between January and November, Vietnam imported 32,977 tonnes of pepper of all kinds, with a total import turnover of US$155.3 million, up 34.7% in volume and 92.6% in value against the same period last year.
