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The nation exported approximately 35,750 tonnes of pepper worth US$106.47 million in March, representing a rise of up 27.6% in volume and 26.5% in value on-year, thereby witnessing a record high since April, 2020, according to the General Department of Vietnam Customs.
The Vietnam Pepper Association (VPA) recently coordinated with the French Chamber of Commerce and Industry and the Vietnamese Embassy in France to hold a business matching event in Paris to boost pepper trading.
Vietnam raked in US$770.44 million from exporting 174,530 tonnes of pepper during the initial nine months of the year, a decline of 18% in volume, but up 7.1% in value on-year, according to details given by the Ministry of Industry and Trade.
Vietnam is seeking ways to revive the billion-dollar pepper industry which has been struggling against unfavourable weather conditions and the COVID-19 pandemic for over the last several years.