Vietnamese pepper, as the world’s leading commodity in exports, has satisfied the stringent standards of partners and has progressively asserted its place on the global map.
Important move
Le Duc Huy, Deputy General Director of the September 2 Import-Export One Member Limited Company, which is one of the reputable pepper exporters in Dak Lak Province, said that the quality of Vietnamese pepper has improved significantly compared to 10 years ago. In addition to black pepper, the company has produced green, red, white, and pickled pepper. Diversification is also part of the reason why Vietnamese pepper has conquered many markets.
Among the spices from Vietnam, pepper has been very famous in the international market and accounts for a high proportion of export turnover. Vietnam is now the world’s largest pepper producer with 40% of the total output and exports to 110 countries. Despite the impact of the COVID-19 pandemic on export activities, pepper exports remained stable in 2020 with 285,000 tonnes and gradually increasing prices.
In addition, more and more pepper exporters have affirmed their brands in the world market. According to data from the Import-Export Department under the Ministry of Industry and Trade, the impact of the fourth outbreak of COVID-19 caused a sharp decrease in pepper exports in August. However, the average export price of Vietnamese pepper reached US$3,736 per tonne, the highest level since January 2018. This price has increased by 3.4% compared to July 2021 and by 49.4% over the same period last year.
