Pepper exports at all-time high

Export price of pepper from Vietnam in the first three months of the year went up between US$6,690-6,700 per ton, the highest in the past few years, ensuring healthy profits for both exporters and farmers.

According to Vietnam Pepper Association, in the first quarter of this year, firms exported more than 39,000 tons of pepper, bringing in about $261 million in revenue, up 27 percent in volume and 23.6 percent in value compared to the same period last year.

Vietnam currently accounts for about 40 percent of market share in the global pepper market.

By Phuong Uyen – Translated by Thuy Doan

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