VIETRADE - Vietnam, a major exporter of spices, claims a 5% world market share. In black pepper, the most important crop for Vietnam within this sector, Vietnam has become the world’s largest exporter. The Vietnamese pepper sector is very export-oriented, with exports accounting for 95% of production.
In 2009, Vietnam exported 134,264 tons of pepper, earning total export revenue of $348 million, establishing a new record in export volume and value for pepper products, surpassing the three large pepper exporting countries of Indonesia (40,000 tonnes), Brazil (32,000 tonnes) and India (22,000 tonnes).
According to statistics released by General Department of Vietnam Customs, in the first 6 months of this year, Vietnam exported 72,000 tons of pepper worth US$ 224 million, an increase of 5% in volume and 41% in value against the same period of last year.
Main destinations of Vietnam pepper shifted from ASEAN countries in the 1990s to the U.S., E.U., and Middle East in the 2000s. The U.S. emerges as the largest buyer, followed by India, Netherlands, Germany, and Saudi Arabia.
Think of coffee and you will probably think of Brazil, Colombia, or maybe Ethiopia. But the world's second largest exporter today is Vietnam.
HA NOI – The Viet Nam Pepper Association expects pepper exports to remain stable at high levels this year, amounting to 130,000 tonnes in volume and earning US$900 million.
Vietnam, a major exporter of spices, claims a 5% world market share. In black pepper, the most important crop for Vietnam within this sector, Vietnam has become the world’s largest exporter.