Vietnamese pepper export earnings increase despite decline in export volumes

16-Jun-2025 05:59 PM

Ho Chi Minh City. Although Vietnam’s pepper exports fell by around 14 percent to 98,600 tons in the first five months of 2025 compared to the same period last year, export earnings rose sharply by 39 percent to $684.4 million.

This increase in revenue is largely attributed to a significant jump in the average unit export offer price on a free-on-board (FOB) basis. During January–May 2025, the average export price surged by 61 percent to $6,937.40 per ton compared to 2024.

Data from the Vietnamese Ministry of Agriculture indicates that the average export price for black pepper ranged between $6,300 and $6,400 per ton, while the price for white pepper peaked at $9,300 per ton.

In May 2025 alone, Vietnam exported approximately 25,000 tons of pepper—both black and white—earning $176 million.

The top three destinations for Vietnamese pepper during this period were the United States, Germany, and India. Exports to the US accounted for 26.1 percent of total shipments, Germany 9.7 percent, and India 8.1 percent.

Among these, Germany recorded the highest increase in export revenue at 87.8 percent, followed by India at 84.1 percent and the US at 32.4 percent.

According to the chairman of the Vietnam Pepper and Spices Association, Vietnamese pepper is in high demand globally despite tight supplies, primarily due to its significantly improved quality.