According to the customs agency, in February 2025, the country exported 14,331 tons of pepper, earning $97.3 million. While export volume increased by only 5.4% compared to the same period last year, the export value saw a dramatic 77.5% rise.

In total, during the first two months of 2025, Vietnamese enterprises exported 27,416 tons of pepper, generating revenue of $184.9 million (approximately 4.7 trillion VND). Although export volume declined by 11.6%, the total value jumped by 48.5% year-over-year.

The United States remains Vietnam's largest pepper market, with an export value of nearly $45 million. Germany and India followed, with $19.2 million and $12.4 million in export value, respectively. Notably, China’s import volume soared by 86.6% compared to the same period in 2024.

The average export price of pepper for the first two months of 2025 stood at $6,746 per ton, marking a sharp 68.2% increase compared to 2024. This is the highest price recorded since February 2017.

With strong signals from export markets and a continued upward trend in prices, the Vietnam Pepper and Spice Association (VPSA) predicts a promising year for the industry. Global pepper production is on the decline, while demand remains steady.

In Vietnam’s key pepper-growing provinces, production remains stable. Farmers in Gia Lai, Binh Phuoc, Dong Nai, and Ba Ria - Vung Tau have been encouraged to reinvest in their farms due to rising pepper prices early in the year. The sector is now at a "golden opportunity" to drive significant growth.

According to VPSA, Vietnam's pepper exports could reach a record-breaking $1.5 billion in 2025. The country continues to dominate the global spice market, accounting for approximately 40% of global pepper production and 55% of total export revenue.

Tam An