The Vietnam Pepper and Spice Association (VPSA) forecasts that Vietnam's pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.

VOV.VN - Vietnam exported more than 8,000 tonnes of pepper to China during the opening seven months of the year, representing a sharp fall of 84.6% compared to the same period from last year, according to details given by the Vietnam Pepper and Spice Association (VPSA).

Vietnam’s pepper export earnings surged by 40.8% year-on-year to US$764.2 million in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA).

VOV.VN - Vietnam exported 142,586 tonnes of pepper of all kinds worth US$634.2 million during the first half of the year, marking a drop of 6.8% in volume but a rise of 30.5% in value on-year, according to statistics released by the Vietnam Pepper and Spice Association (VPSA).

So far this year, Vietnam has shipped abroad 114,424 tonnes of pepper worth US$493.1 million, down 13.2 in volume but up 20.6% in value over the same period last year.

VOV.VN - Vietnam raked in US$353 million from exporting 83,783 tonnes of black pepper in the initial four months of the year, marking an 11.5% increase in value year on year, according to the Ministry of Agriculture and Rural Development.

VOV.VN - Vietnam exported over 30,914 tonnes of pepper worth US$124.3 million during the first two months of this year, down 23.5% in volume and 2.1% in value over the same period from 2023, according to the General Department of Vietnam Customs.

The current proportion of processed pepper products for export stands at a mere 30%, indicating the need for a significant improvement.

VOV.VN - Vietnam exported 20,000 tonnes of pepper in January for US$79 million, increasing 60.2% in volume and 83.9% in value compared to the same period last year, according to the General Statistics Office.

The Vietnam Trade Office in Spain has warned domestic enterprises to be cautious when signing contracts with Spanish businesses to avoid risks.