Pepper export value hits nearly US$190 million in 2 months

VNA| 07/03/2025 12:44

Vietnam's pepper export value surged by 52% in the first two months of 2025, despite a 9.4% decline in export volume.

According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of US$188.7 million.

Although its cultivation area is smaller than that of other major crops like coffee, rubber, tea, and cashew, pepper remains a high-value commodity. The area dedicated to pepper cultivation is equivalent to just 15% of the land used for coffee and 12% of the land for rubber.

However, its export value accounts for 23% of coffee export earnings (US$5.6 billion) and over 38% of rubber export revenue (US$3.4 billion). These figures highlight the industry's untapped potential and offer promising opportunities for further growth.

To ensure long-term growth and sustainability, the Ministry of Agriculture and Environment is developing a master plan for industrial crop development through 2030. The strategy aims to maintain the pepper cultivation area between 80,000 and 100,000 hectares, targeting a yield of 2.4–2.5 tonnes per hectare and an annual production of 200,000–300,000 tonnes.

Theo vov.vn
https://vov.vn/en/economy/pepper-export-value-hits-nearly-us190-million-in-2-months-post1159501.vov
Copy Link
https://vov.vn/en/economy/pepper-export-value-hits-nearly-us190-million-in-2-months-post1159501.vov
    Nổi bật
        Mới nhất
        Pepper export value hits nearly US$190 million in 2 months
        • Mặc định

        POWERED BY ONECMS - A PRODUCT OF NEKO