Although the average export price of pepper in July improved, the volume continued to decrease by 24.12% compared to the previous month.
The preliminary data report of the General Department of Vietnam Customs shows that pepper exports in July 2019 reached 23,547 tons, down 7,485 tons, or 24.12% lower than the previous month but increased by 2,241 tons, ie an increase. 10.52% over the same period last year.
The export turnover in the month reached US$ 59.97 million, down US$ 16.06 million, or 21.12% lower than the previous month and down US$ 6.22 million, or 9.4% over the same period. last year.
The cumulative export volume of the first 7 months of 2019 reached a total of 200,044 tons of pepper of all kinds, an increase of 46,923 tons, ie an increase of 30.64% compared to exports in the first 7 months of 2018. However, the export value of 7 months in the first month of 2019 reached a total of 511.36 million USD, down 7.15 million USD, or 1.38% decrease over the same period.
The average export price of pepper in the period reached 2,547 USD/ton, up 3.96% compared to the average export price of June 2019.
Also according to a report by Vietnam Customs, in the first 7 months of 2019, the US market imported 31,892 tons of pepper of all kinds, with a total turnover of $ 88.49 million, continuing to be the pepper import market. Vietnam’s leading.
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