Vietnam’s pepper exports surpass $1 bln in 8 months

By VNA
Tue, September 9, 2025 | 11:13 pm GMT+7

Vietnam’s pepper industry recorded export revenue of more than $1 billion in the first eight months of 2025, the highest level for the period in seven years, according to the Vietnam Pepper and Spice Association (VPSA).

Vietnam earned over $1 billion from pepper exports in the first eight months of 2025, the highest eight-month figure in seven years. Photo courtesy of VNA.

Vietnam earned over $1 billion from pepper exports in the first eight months of 2025, the highest eight-month figure in seven years. Photo courtesy of VNA.

The surge was driven by stable global demand and limited supply, which has kept export prices at a high level.

In August alone, Vietnam shipped 21,464 tons of pepper worth $139.8 million, up 2.6% in volume and 1.7% in value from July. Compared with the same month last year, export volume rose 10.6% while earnings jumped 19.5%.

From January to August, the country exported 166,510 tons of pepper of all types, including 142,627 tons of black pepper and 23,883 tons of white pepper.

Despite a 9.4% decline in export volume from a year earlier, revenue rose 28% to over $1.12 billion, thanks to higher prices. The average export price reached $6,666 per ton for black pepper and $8,732 per ton for white pepper, up 41.5% and 38%, respectively, year-on-year.

The U.S. remained the largest buyer of the Vietnamese spice, accounting for 21.4% of the country's total pepper export value with 35,697 tons.

However, shipments to this market fell more than 31% compared to the same period last year. By contrast, exports to China rose sharply by 58% year-on-year to 13,282 tons, while sales to the United Arab Emirates and India expanded 9.7% and 13.7%, respectively.

On the import side, Vietnam purchased 34,524 tons of pepper worth $215.3 million in the eight months, up 61.7% in volume and 143.5% in value from a year ago. Brazil remained the largest supplier with more than 17,500 tons, followed by Cambodia and Indonesia.

Domestically, pepper prices have been on the rise since late August. Farm-gate prices climbed from VND142,000-143,000 ($5.4) per kilogram on August 20 to VND154,000-155,000 by early September, before stabilizing at around VND152,000-153,000.

VPSA attributed the increase to the end of the harvest season and dwindling on-farm stocks, while exporters continue to buy to fulfil signed contracts.

Industry experts forecast that limited supply will keep prices firm in the short term, especially as Vietnamese firms reduce imports of raw pepper for re-export processing due to new U.S. reciprocal tariffs of up to 40% on transshipped goods.

Comments (0)
  • Read More
Indonesia, EU to sign CEPA after decade of negotiations

Indonesia, EU to sign CEPA after decade of negotiations

The Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) is set to be signed on September 23 after a decade of negotiations, according to Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto.

Southeast Asia - Tue, September 9, 2025 | 10:07 pm GMT+7

Vietnam lifts asset freeze on ex-FLC chairman Trinh Van Quyet

Vietnam lifts asset freeze on ex-FLC chairman Trinh Van Quyet

Authorities in Vietnam’s central province of Khanh Hoa are moving to lift restrictions on asset transactions and transfers linked to Trinh Van Quyet, former chairman of property developer FLC Group, the provincial Department of Justice said on Tuesday.

Economy - Tue, September 9, 2025 | 9:26 pm GMT+7

Abbott-backed medical firm Domesco to pay 25% cash dividend

Abbott-backed medical firm Domesco to pay 25% cash dividend

Domesco Medical Import Export JSC (HoSE: DMC) will distribute a 25% cash dividend for 2024, equivalent to VND2,500 (9.5 U.S. cents) per share.

Companies - Tue, September 9, 2025 | 8:39 pm GMT+7

Vietnam’s finance ministry proposes raising personal deduction to $588 per month

Vietnam’s finance ministry proposes raising personal deduction to $588 per month

Vietnam’s Ministry of Finance has proposed raising the personal income tax deduction to VND15.5 million ($588) per month and the dependent deduction to VND6.2 million ($235).

Economy - Tue, September 9, 2025 | 4:09 pm GMT+7

PM urges prompt finalization of feasibility study for Lao Cai-Hanoi-Hai Phong railway project

PM urges prompt finalization of feasibility study for Lao Cai-Hanoi-Hai Phong railway project

Prime Minister Pham Minh Chinh on Sunday evening chaired a high-level meeting with key ministries and agencies to accelerate the implementation of the Lao Cai-Hanoi-Hai Phong railway project, during which he stressed the need for prompt completion of the project’s feasibility study.

Economy - Tue, September 9, 2025 | 3:06 pm GMT+7

WB, ADB to provide over $12 bln to green projects in ASEAN

WB, ADB to provide over $12 bln to green projects in ASEAN

The World Bank has allocated $2.5 billion, while the Asian Development Bank has set aside $10 billion to support green projects in ASEAN, said Malaysian Deputy Prime Minister Datuk Seri Fadillah Yusof.

Southeast Asia - Tue, September 9, 2025 | 3:01 pm GMT+7

Central Vietnam province seeks investors for $42 mln wind power project

Central Vietnam province seeks investors for $42 mln wind power project

Vietnam’s central province of Quang Tri is seeking investors for the Hung Bac wind power project, with total investment estimated at VND1.1 trillion ($41.69 million), according to the provincial People’s Committee.

Energy - Tue, September 9, 2025 | 2:56 pm GMT+7

Vietnam's leading conglomerate Vingroup sues 68 entities, individuals for false information

Vietnam's leading conglomerate Vingroup sues 68 entities, individuals for false information

Vingroup JSC (HoSE: VIC) on Monday reported to authorities, notified foreign embassies, and filed civil lawsuits against 68 organizations and individuals at home and abroad for spreading false information about the corporation online.

Companies - Tue, September 9, 2025 | 10:45 am GMT+7

Warburg Pincus unit, Masterise eye $739 mln expressway to Vietnam’s mega airport

Warburg Pincus unit, Masterise eye $739 mln expressway to Vietnam’s mega airport

A subsidiary of U.S. private equity firm Warburg Pincus and Vietnamese developer Masterise Group have separately proposed building an over VND19.52 trillion ($739 million) expressway connecting a major tourism area to the under-construction Long Thanh International Airport in the southern region.

Infrastructure - Tue, September 9, 2025 | 8:00 am GMT+7

Hoa Binh Construction wins $5 bln contract for mega urban project in southern Vietnam

Hoa Binh Construction wins $5 bln contract for mega urban project in southern Vietnam

Vietnam's leading contractor Hoa Binh Construction Group has secured a contract to build the first phase of a mega urban area project in Vietnam’s southern metropolis of Ho Chi Minh City.

Real Estate - Mon, September 8, 2025 | 9:22 pm GMT+7

Vietnam's monetary policy remains accommodative: WB

Vietnam's monetary policy remains accommodative: WB

Vietnam's monetary policy has remained accommodative, as State Bank of Vietnam (SBV) interventions contained foreign exchange pressures and increased credit growth, the World Bank Group said in its country economic update.

Economy - Mon, September 8, 2025 | 7:46 pm GMT+7

Property, technology, energy among sectors recording highest M&A activity in Vietnam

Property, technology, energy among sectors recording highest M&A activity in Vietnam

Vietnam’s M&A landscape in July recorded 34 completed transactions with the total disclosed and estimated deal value of $786 million, according to Grant Thornton Vietnam.

Economy - Mon, September 8, 2025 | 3:49 pm GMT+7

Vietnam's Van Thinh Phat-tied firm incurs $14 mln loss in H1 as legal woes persist

Vietnam's Van Thinh Phat-tied firm incurs $14 mln loss in H1 as legal woes persist

Bong Sen Corp, the hotel and property arm of troubled Van Thinh Phat Group, posted a net loss of nearly VND356 billion ($14 million) in the first half of 2025, its filing to the Hanoi Stock Exchange (HNX) showed.

Companies - Mon, September 8, 2025 | 3:24 pm GMT+7

Airport-centric urbanization - Vietnam’s new growth engine

Airport-centric urbanization - Vietnam’s new growth engine

In the past, cities in Vietnam would build airports to meet growing transportation needs, but today, airports themselves are becoming the nucleus around which new urban areas emerge.

Real Estate - Mon, September 8, 2025 | 1:36 pm GMT+7

Vietnam’s 8.3-8.5% growth target for 2025 ‘appropriate’: policy advisory council

Vietnam’s 8.3-8.5% growth target for 2025 ‘appropriate’: policy advisory council

The Vietnamese government’s GDP growth target of 8.3-8.5% for 2025 and double-digit expansion for 2026-2030 is "appropriate" in the context of favorable macroeconomic conditions and structural reforms, according to the Prime Minister’s Policy Advisory Council.

Economy - Mon, September 8, 2025 | 1:03 pm GMT+7

Enertrag SE proposes 55 MW wind power project in northern Vietnam

Enertrag SE proposes 55 MW wind power project in northern Vietnam

The Bac Ninh province People’s Committee is seeking public and ministerial feedback on a 55 MW wind power plant initiated by Enertrag Vietnam Co., Ltd, a subsidiary of German-based global renewables developer Enertrag SE.

Energy - Mon, September 8, 2025 | 11:29 am GMT+7