Business

Pepper export turnover hits 385 million USD by mid-July

Vietnam exported over 182,000 tonnes of pepper worth 385 million USD as of mid-July, according to the General Department of Customs. ​
Pepper export turnover hits 385 million USD by mid-July ảnh 1Harvesting pepper (Photo: VNA)

Hanoi (VNA) - Vietnamexported over 182,000 tonnes of pepper worth 385 million USD as of mid-July,according to the General Department of Customs.

Despite complicateddevelopments of the COVID-19 pandemic around the world, the country’s pepper exportsto main markets, including the US, the Philippines, Egypt, and the UK, still witnessedincreases in the period.

Vietnam shipped 123,000 tonnes valued at 2.84 million USD to foreign markets inJune, up 115.6 percent in volume and 127.6 percent in value year-on-year.  Of the number, over 4,000 tonnes worth 9.88million USD were exported to the US.

Amid the pandemic, the Vietnam Pepper Association (VPA) recommends exportenterprises to focus on effectively exploiting markets where socialdistancing measures were eased such as China, the Republic of Korea, and Japan, and promote domestic consumption.

The Ministry of Agriculture and Rural Development (MARD) said 95 percentof Vietnam's pepper is reserved for export and the remaining 5 percent is fordomestic consumption.

Vietnam has 18 pepper processing plants with a total capacity of about 70,000 -80,000 tonnes per year, including 14 plants using modern technologies.

The ministry stressed the need to re-plan pepper cultivation areas, promote theapplication of scientific and technological advances in production, standardisefarming processes and enhance clean agriculture-oriented production links.

According to statistics from the MARD, Vietnam's pepper production accounts forabout half of the global pepper output.

Vietnam harvested an estimated 250,000 tonnes of pepper in the first fourmonths of 2020, reaching over 50 percent of the target set for the whole year. Thecountry is expected to supply about 350,000 tonnes of pepper to markets thisyear./.


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