VOV.VN - India imported 3,986 tonnes of cinnamon from Vietnam in October, accounting for 39.2% of the total market share and representing a 50.1% increase from September, reported the Vietnam Pepper and Spice Association (VPSA).
VOV.VN - Vietnam exported 8,186 tonnes of cinnamon worth US$22.9 million in August, down 1.7% in value against July, reported the Vietnam Pepper and Spice Association (VPSA).
VOV.VN - Asia is currently Vietnam's largest cinnamon import market, with Indonesia and China in particular representing the two major cinnamon suppliers to the Southeast Asian nation, reaching 148 tonnes and 54 tonnes, respectively.
A world leading spice exporter with a revenue of some US$1.5 billion every year, Vietnam should bolster intensive processing and trade promotion to increase added values, experts have said.
VOV.VN - India continued to be the main market for Vietnamese star anise exports as it imported 951 tonnes of Vietnamese star anise in May, accounting for 61% of the total exported volume of this item.
The cinnamon sector needs to issue a reform strategy to keep Vietnam's position as the world’s biggest cinnamon exporter, which it has held since 2021.
VOV.VN - With an export turnover reaching nearly US$300 million annually, Vietnam has become the leading exporter of cinnamon globally, heard a seminar held in Hanoi on November 15.
VOV.VN - Vietnam raked in more than US$220 million from exporting 74,744 tonnes of cinnamon during the ten-month period, representing a rise of 19.2% in volume and a drop of 1.3% in value against the same period from last year, according to details given by the Vietnam Pepper Association.
Amidst the increasing demand for raw materials in the food, cosmetics, and pharmaceutical industries, and Vietnam’s participation in various free trade agreements, the country’s herbal products, particularly cinnamon and star anise, are well-positioned to capitalise on the opportunity for development, heard a conference in Hanoi on September 28.
Vietnam is among exhibitors at the 12th edition of the World Chili Pepper Trade Fair in the city of Rieti, Italy, from August 30 to September 3, showcasing not only its best chili products but also other spices like pepper, tea, coffee, cinnamon and anise.