Pepper Exports Rise Sharply in Jan-October

Vietnamese enterprises are estimated to export 112,000 tons of pepper in the first ten months of this year, earning US$179 million, up 19.3 per cent and 38 per cent, respectively, according to the Government Statistics Office (GSO).

 

The country reports shipment of 7,000 tons worth of US$16 million in October alone, representing a standstill in volume but a rise of US$6 million in value compared to those of the same month last year.

 

Despite high increases, pepper growers and enterprises are said to have lost more than US$30 million, around one third of the whole country’s pepper export turnover this year, due to a lack of a brand name, according to the Vice Chairman of Vietnam Pepper Association (VPA) Nguyen Dung.

 

The association is busy building the first Vietnamese pepper brand name in Chu Se district of the Central Highlands province of Gia Lai.

 

The brand name is expected to be on the market by the end of this year, one year later than planned.

 

Vietnam’s pepper has so far been exported to 80 countries; among them are big markets such as the United States, the European Union and Japan, but mainly under other countries’ brand names.