The reason Vietnam has to spend tens of millions of dollars importing pepper per month

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Imported pepper increased sharply

According to the Vietnam Pepper and Spices Association (VPSA), in April Vietnam imported nearly 5,700 tons of pepper all kinds, the total import turnover reached nearly 37 million USD, compared to the previous month the import volume increased by 15%.

The import amount of this month is nearly equal to the highest import record ever in May 2021 of 5,747 tons.

Accumulated, in the first 4 months of the year, Vietnam imported more than 15,000 tons of pepper all kinds, the total import turnover reached 88 million USD, compared to the same period in the same period in 2024 the import volume increased by 25%, the turnover increased by 105%.

Brazil continues to be the country supplying pepper mainly to Vietnam with nearly 3,800 tons in April, accounting for 67% of total imports. Next is Cambodia reaching 1,170 tons, up 128%.

The reason Vietnam has to spend tens of millions of dollars importing pepper per month- Photo 1.

The area of ​​pepper growing continuously decreases for many years. Artwork: IT.

According to VPSA, the cause of Vietnam imports large amounts of pepper because the output and area of ​​pepper growing gradually decrease each year. Vietnam’s pepper output in the 2024-2025 crop was estimated at about 172,000 tons, down about 2% compared to the previous year and down 47% compared to 322,000 tons of the 2018-2019 crop.

According to statistics from the Ministry of Agriculture and Environment, by the end of 2024, Vietnam’s pepper growing area reached about 110,500 hectares. Shutdown compared to the highest level was 151,900 hectares in 2017.

The trend of reducing pepper growing area is expected to continue in the near future. The main reason is the effect of weather, pests and strong prices of some other agricultural products, causing farmers to convert crops.

Therefore, Vietnamese enterprises must promote the import of pepper from other countries to serve the production and strengthen the top 1 position in the world in production and export of pepper for more than 20 years.

Increase value for pepper industry

Vietnamese pepper is affirming its increasingly clear position on the world export map, not only thanks to the output but also thanks to the added value.

In April, Vietnam exported 26,600 tons of pepper. The total export turnover reaches US $ 184 million.

In the first 4 months of the year, our country exported 74,250 tons of pepper, earned 510 million USD, down 11 % in volume but the value increased sharply by 44 % over the same period last year.

The average black pepper price reached 6,749 USD/ton (nearly doubled) and white pepper reached 8,611 USD/ton. This is an incredible increase, making pepper become one of the most valuable agricultural products today.

The reason Vietnam has to spend tens of millions of dollars importing pepper per month- Photo 2.

The good strategy helps the pepper industry to affirm its position around the globe. Artwork: IT.

Talk to PV Tien Phong a VPSA specialist said that in order to achieve the above results, many pepper manufacturing enterprises used the strategy to promote the import of raw materials to optimize business activities. This helps businesses stabilize input raw materials in the context of domestic output does not meet the processing needs, especially when there are large export orders.

In addition, pepper from markets such as Brazil or Indonesia often have lower prices than domestic pepper, taking advantage of tariff incentives from free trade agreements. This not only helps businesses reduce purchasing costs, but also helps the output products are diverse, quality assurance, in accordance with the strict requirements from the international market.

More importantly, the import is also a risk prevention strategy, when domestic prices rise or supply shortage, imports help businesses maintain stable operations and avoid interrupting orders.

In the context of the global supply chain constantly fluctuating, the import -re -export strategy not only helps domestic enterprises flexibly respond to risks but also increase added value for Vietnam’s pepper industry.


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