CHINA – VIETNAM’S LARGEST CHILI EXPORT MARKET
In the first two months of the year, Vietnam exported 1,618 tons of chili with a turnover of 3.9 million USD, up 15.8% over the same period. China accounted for 87% market share with 1,414 tons. According to the Vietnam Pepper Association, in February 2024, Vietnam...
KOREA IS VIETNAM’S THIRD-LARGEST RUBBER EXPORT MARKET
According to the General Department of Vietnam Customs, in the first two months of 2024, Vietnam's rubber exports to Korea reached 8.2 thousand tons, worth 12.77 million USD. This result was up 61.7% in volume and 60.3% in value over the same period in 2023. The...
PEPPER EXPORT: IMPROVING QUALITY AND TARGETING THE HIGH-END MARKET SEGMENT
This year, the prices of pepper and spice are forecast to be high. Improving quality to target the high-end market is a long-term step that businesses are taking. Currently, many businesses have signed orders with customers in the EU until September 2024. Therefore,...
VIETNAM’S GINGER AND TURMERIC ARE POPULAR IN WESTERN AND CENTRAL ASIA
According to the Vietnam Pepper and Spice Association (VPSA), Vietnam exported 34,976 tons of ginger, turmeric, and others in 2023. The total export turnover of ginger and turmeric reached 49.3 million USD. Compared to the same period in 2022, the export volume...
PEPPER PRICES INCREASE, GROWERS ARE HAPPY TO TAKE MORE OPPORTUNITIES
According to data from the Ministry of Agriculture and Rural Development, the area of pepper cultivation in Vietnam in 2023 decreased by about 5,000 ha compared to 2022. It is forecast that the production of the harvest in 2024 will decrease by about 10.5%, causing...
