Vietnamese Firms Seeking to Raise Pepper Exports

3:32:50 PM | 17/9/2008

Some 25 pepper exporters in Vietnam will explore business opportunities during a working trip organized by the Vietnam Pepper Association to the U.S. and Brazil from Sept 15 to 20, the Vietnam News Agency reported.
 
The trip is under the auspice of the Ministry of Industry and Trade’s National Trade Promotion Program 2008.
 
The Vietnam Trade office in America has meetings with pepper importers in New York City and San Francisco and with the Spice Trade Association in Washington, D.C. for the group’s Sept 15-20 visit to the U.S.
 
Keeping the world’s leading pepper exporter since 2001, Vietnam exports around 70,600 tons of pepper annually, accounting for 31.2 per cent of the world’s total export volume.
 
The country expected to export 90,000 tons of pepper worth US$300 million this year.
 
In the first seven months of 2008, the country exported 57,000 tons valued at US$202 million.
 
According to the Vietnam Pepper Association, Vietnam now has 50,000 hectares under pepper cultivation and the area will be kept unchanged in the coming years so that export output can reach nearly 100,000 tons yearly.
 
Last year, Vietnam raked in US$200 million from shipping 80,000 tons of pepper abroad. (VNS, Saigon Times Daily)