Vietnam Becomes World’s No1 Pepper Exporter
Vietnam shipped more than 134,000 tonnes of pepper for US$899 million abroad last year, making it the world’s biggest pepper exporter.
The Vietnam Pepper Association reports the 2013 figures represented a year-on-year increase of 15 percent in volume and over 13 percent in value.
Approximately 95 percent of Vietnam’s pepper output is exported to more than 80 countries and territories around the world.
About 15 Vietnamese businesses are taking the lead in pepper exports in the world, accounting for more than 50 percent of the total market share. Key export markets include the US, Germany and the United Arab Emirates (UAE).
Economists suggest local pepper exporters focus on ensuring product quality, studying market trends and overcoming trade barriers in overseas markets to maintain the country’s No1 position globally.
VOV