VN pepper sector has maintained its leading global position despite sharp price swings over the past year, driven by supply shortages and higher logistics costs.Industry and Trade. The average export price reached $6,774 per tonne, up 37% from 2024.

As of the end of September this year, Vietnam had exported more than 186,500 tons of “black gold” and earned nearly $1.27 billion - a significant increase compared to the same period last year.

New regulations on health certificates are causing serious delays for Vietnam’s pepper exports, risking revenue and customer trust.

With a 5 percent VAT rate, pepper and spice industry businesses pay VND55 billion to the state budget, while receiving tax refunds of up to VND2,135 billion.

The spice industry contributed just $2.2 million in VAT but received $83 million in refunds, prompting calls to restructure export tax policy.

With yields up and prices surging, Vietnam's pepper industry is seeing strong international demand - led by the US.

Vietnam’s “black gold” fetches USD 690 million in five months, led by big purchases from the U.S., Germany, and India.

Exporters targeting high-standard markets that impose strict quality requirements but offer attractive profit margins must pay greater attention to quality control for enhancing product consistency and resilience in the face of market fluctuations.

A green spice from Vietnam has seen its export price skyrocket by 1,306%, now nearly four times more expensive than black pepper - the crop often referred to as "black gold."

With just 90 days to export freely, Vietnamese firms scramble to fulfill orders

Vietnam’s pepper export prices surged to an eight-year high, earning $184.9 million in the first two months of 2025. Experts predict a record $1.5 billion in revenue by year-end.

According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.

Vietnam’s pepper industry has entered a new golden era, with prices surging nearly 50% in 2024. As the world’s largest supplier, Vietnam is seeing record-breaking exports, rejoining the billion-dollar club after years of volatility.

With prices soaring, Vietnam has exported 242,000 tons of pepper in 2024, earning nearly $1.3 billion and marking a record-breaking year for the "black gold" sector.

Vietnam exported 235,335 tonnes of pepper, including 207,498 tonnes of black pepper and 27,837 tonnes of white pepper, in January - November to earn 1.22 billion USD, with the US being the biggest importer.

Vietnam exported 18,415 tonnes of pepper in October, valued at 120.6 million USD, the General Department of Customs has reported.

Facing limited domestic output and high global prices, Vietnamese companies imported significant quantities of pepper, totaling VND 2.7 trillion ($108 million) in the first 10 months of 2024.

Vietnam could ship more than 1 billion USD worth of pepper abroad for the whole 2024 on the back of high global demand and limited supply, according to the Vietnam Pepper and Spice Association (VPSA).

The Vietnam Pepper and Spice Association (VPSA) forecasts that pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.