According to the preliminary statistics of the Vietnam Pepper and Spices Association (VPSA), ending in March 2025, Vietnam’s pepper exports reached 20,244 tons. In particular, the export of black pepper reached 17,493 tons, white pepper reached 2,751 tons. The total export turnover reaches 141.6 million USD.
Thus, compared to the previous month, Vietnam’s pepper exports increased by about 41.3% in volume and increased by 45.6% in value. The average export price of black pepper in March reached 6,790 USD/ton, white pepper reached 8,802 USD/ton, increasing 122 USD for black pepper and $ 268 for white pepper compared to February 2025.
At the end of the first quarter of 2025, Vietnam has exported 47,660 tons of pepper of all kinds with a total export turnover of 326.6 million USD. Compared to the same period last year, exports decreased by 16.1%, but export turnover increased to 38.6%. The average export price of black pepper in the first quarter of 2025 reached 6,711 USD/ton (up 94.9% over the same period) and white pepper reached 8,617 USD/ton (up 73.9%).
VPSA informed that the first quarter of 2025, the US continued to be Vietnam’s largest pepper export market with a volume of 10,278 tons, down 32.6% over the same period, accounting for 22% of the market share. Behind the market of countries like India with 3,370 tons (down 11.2%); Germany 3,358 tons (down 9.3%); UAE 2,757 tons (up 15.2%). Meanwhile, pepper exports to China increased by 87.8% in the first quarter of 2025 to 2,034 tons.
In addition, Vietnam also imported 4,940 tons of pepper in March 2025 to produce export orders, with a total turnover of 28.9 million USD; increased by 68.7%, the turnover increased by 81.3%over the previous month and increased by 32.5%, the turnover increased by 104.9%over the same period in the same period in 2024. Three countries supplying pepper mainly to Vietnam including Brazil reached 3,061 tons (up 187.4%); Indonesia with 977 tons (down 29.8%) and Cambodia were 514 tons (up 158.3%).
In the country, the rise of the price continued. At the trading session on April 8, the pepper price in Gia Lai increased by 2,500 VND/kg, pulling the average to 153,000 VND/kg. In Ba Ria – Vung Tau, Binh Phuoc, Dak Lak and Dak Nong area, the same increase is 3,000 VND/kg, ranging from 154,000 – 155,000 VND/kg.
On the world market, according to the update from the International Pepper Association (IPC), the price of Kuching Malaysia black pepper is 9,850 USD/ton, down 50 USD/ton (equivalent to 0.51%) compared to the previous day. The price of black pepper lampung Indonesia continues to go sideways at 7,239 USD/ton. Brazil’s ASTA 570 black pepper is offered for $ 6,950/ton, the lowest on the market. Vietnam’s black pepper price is stable in the range of 7,100 USD/ton for 500 g/l and 7,300 USD/ton with 550 g/l.
Pepper is one of the key agricultural industries of Vietnam and has a solid position in many international markets. In 2024, with an output of 170,000 tons – Vietnam continued to maintain its position of producing and exporting the largest pepper in the world, accounting for about 40% of harvested output and 60% of the global export market share.
Despite the positive export growth, the US President – Donald Trump’s announcement of the application of a minimum tax rate of 10% to all imported goods and reciprocal tax 46% with goods imported from Vietnam makes pepper export enterprises worried. Pepper exports alone to the US in 2024 brought more than 400 million USD (nearly 10,500 billion VND).
Therefore, the high import tax will cause the orders that the pepper exporter has signed in advance, especially the contracts with the delivery term to August and September 2025 facing the risk of heavy losses.
At present, the 46% reciprocal tax is still unclear whether it is applied to pepper, so VPSA recommends that businesses need to monitor closely, and at the same time take the initiative to review the contract, adjust the export plan and diversify the market to reduce dependence on the United States.
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