March 07, 2025 | 17:45 (GMT+7)
Pepper export value hits nearly 190 million USD in 2 months
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 tons of pepper during this period, generating an impressive revenue of 188.7 million USD.
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 (5.6 billion USD) and over 38% of rubber export revenue (3.4 billion USD). 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 tons per hectare and an annual production of 200,000–300,000 tons.
Source: VNA