TEA EXPORTS HAVE INCREASED BY MORE THAN 500%
According to statistics from the General Department of Customs, in July, Vietnam exported 15,334 tons of tea, worth 27.4 million USD. This result was up 9.7% in volume and 2.1% in value compared to the previous month, up 46.4% in volume and 50% in value compared to...
VIETNAM OWNS A SPICE THAT ACCOUNTS FOR 60% OF THE WORLD’S EXPORT OUTPUT
Vietnam has been leading the world in the production and export of pepper for more than 20 years, accounting for 40% of the harvest and 60% of the global export market share. The global pepper market is valued at 5.43 billion USD per year and is expected to have an...
THE COFFEE EXPORT PRICES HAVE INCREASED FOR 7 CONSECUTIVE MONTHS
According to the General Department of Customs, in July 2024, Vietnam's coffee exports reached nearly 77,000 tons, equivalent to 381 million USD. This result was up 9.7% in volume and 18.2% in turnover compared to June 2024. The price increased 7.8%, reaching 4,951...
THE WORLD’S MILLION-DOLLAR SPICE HAS BROUGHT IN MORE THAN 40 MILLION USD SINCE THE BEGINNING OF THE YEAR
Vietnam owns a spice that brings in hundreds of millions of USD per year, namely star anise. According to statistics, Vietnam's star anise production ranks second in the world, after China, with an estimated annual output of 22,000 tons on a planted area of about...
PEPPER PRICES MAINTAIN THEIR INCREASE
The pepper price on August 12, 2024, in the Southeast has increased slightly by 3,000–4,000 VND/kg to 145,000–146,500 VND/kg. Mr. Le Duc Huy, General Director of Dak Lak-Simexco Import Export Co., Ltd., said that Vietnam's inventory is about 30%, equivalent to...
