a value of US$120.58 million, according to Vietnam’s General Department of Customs. This represents a 7.7 percent rise in volume and a 9.1 percent increase in value compared to September, which recorded 17,104 tonnes and US$110.47 million.
Year-to-date figures show mixed results. From January to October, Vietnam exported 218,732 tonnes of pepper, a 3 percent decline in volume compared to the same period in 2023. However, the export value surged by 47 percent, reaching US$1.11 billion, reflecting higher global pepper prices.
The October growth highlights sustained demand for Vietnamese pepper, while the strong year-to-date value underscores the sector’s resilience despite lower volumes. Vietnam’s ability to leverage favourable pricing has bolstered its standing in the global market, ensuring the continued significance of pepper in its export portfolio.
See also: Agriculture Industry in Vietnam
Vietnam’s pepper exports by destination, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 120,575,376 | 110,472,543 | 9.15% | 1,110,467,558 |
Other | 42,619,348 | 35,276,856 | 20.81% | 376,879,906 |
USA | 38,426,527 | 40,837,515 | -5.90% | 337,790,950 |
Germany | 10,292,659 | 5,678,177 | 81.27% | 79,656,561 |
UAE | 4,200,144 | 7,820,246 | -46.29% | 72,676,901 |
Netherlands | 7,754,497 | 4,766,349 | 62.69% | 52,209,895 |
India | 818,995 | 1,943,815 | -57.87% | 44,029,035 |
South Korea | 2,790,058 | 3,045,565 | -8.39% | 33,842,181 |
Russia | 2,895,009 | 3,998,378 | -27.60% | 29,571,685 |
Thailand | 3,426,234 | 3,239,276 | 5.77% | 29,450,219 |
Philippines | 2,859,100 | 1,952,650 | 46.42% | 27,639,713 |
United Kingdom | 4,492,805 | 1,913,716 | 134.77% | 26,720,512 |