Vietnamese chili exports to China sees upsurge in March
VOV.VN - Vietnam exported 1,523 tonnes of chili in March worth US$4.2 million, marking a sharp rise of 72.3% compared to February, with the Chinese market accounting for nearly 88% of the export volume, according to the Vietnam Pepper Association (VPA).
During the three-month period, the country shipped 3,141 tonnes of chili abroad worth US$8.1 million, representing an increase of 17.6% in volume and 52.8% in value against the same period last year.
The average export price surged by 28% year on year to US$2,610 per tonne. China and Laos were the two main consumers at 2,753 tonnes and 259 tonnes, respectively, making up nearly 96% of the total export volume.
The rise in the export price can largely be attributed to the bustling demand for chili consumption that exists in markets such as China and the Republic of Korea.
Last year witnessed Vietnam rake in US$20 million from exporting 10,173 tonnes of chili, a sharp increase of 107% compared to 2022.
