Local peppers enjoy boost in exports to Germany
According to the statistics released by the International Trade Commission, Germany imported 5,373 tonnes of pepper worth US$11.88 million from Brazil throughout the reviewed period, representing a decline of 13.8% in volume and 23% in value in comparison with the same period from last year.
This has come alongside the Central European country increasing imports of Vietnamese pepper, with the import volume reaching 4,907 tonnes worth US$13.49 million, marking a year-on-year rise of 19.7% in volume and 0.1% in value.
Most notably, Vietnam's market share of pepper in overall German imports during the reviewed period enjoyed an increase from 31.4% in 2019 to 39.2% this year.
According to figures compiled by the Import and Export Department under the Ministry of Industry and Trade, Vietnam raked in US$45 million from exporting 18,000 tonnes of pepper during August, bringing the eight-month export turnover to US$445 million, an on-year fall of 7.4% in volume and 19.9% in value.
Furthermore, August saw the average export price of pepper surge by 0.4% to US$2,500 per tonne from the previous month, bringing the average eight-month export price to US$2,198 per tonne, a year-on-year drop of 13.5% compared to the corresponding period from last year.
Moreover, exports of ground black peppers to major markets such as the United States, the UK, the Netherlands, Japan, Australia, Thailand, Sweden, China, and the Republic of Korea recorded robust growth, with the export of the item to both Germany and Chile skyrocketing by 353.8% and 273.3%, respectively, according to the General Department of Vietnam Customs.
Related News
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods
09:42 | 25/12/2024 Headlines
Hong Kong: A gateway for Vietnamese businesses to access the Greater Bay Area market
09:04 | 24/12/2024 Import-Export
The wood industry seizes opportunities amid changes in the export market
11:22 | 16/12/2024 Import-Export
Seafood exports increase competitiveness through quality
10:24 | 09/12/2024 Import-Export
Latest News
Nghệ An Province anticipates record FDI amidst economic upswing
15:49 | 26/12/2024 Import-Export
Green farming development needs supportive policies to attract investors
15:46 | 26/12/2024 Import-Export
Vietnamese enterprises adapt to green logistics trend
15:43 | 26/12/2024 Import-Export
Paving the way for Vietnamese agricultural products in China
11:08 | 26/12/2024 Import-Export
More News
VN seafood export surpass 2024 goal of $10 billion
14:59 | 25/12/2024 Import-Export
Exporters urged to actively prepare for trade defence investigation risks when exporting to the UK
14:57 | 25/12/2024 Import-Export
Electronic imports exceed $100 billion
14:55 | 25/12/2024 Import-Export
Forestry exports set a record of $17.3 billion
14:49 | 25/12/2024 Import-Export
Hanoi: Maximum support for affiliating production and sustainable consumption of agricultural products
09:43 | 25/12/2024 Import-Export
Việt Nam boosts supporting industries with development programmes
13:56 | 24/12/2024 Import-Export
VN's wood industry sees chances and challenges from US new trade policies
13:54 | 24/12/2024 Import-Export
Vietnam's fruit, vegetable exports reach new milestone, topping 7 billion USD
13:49 | 24/12/2024 Import-Export
Aquatic exports hit 10 billion USD
13:45 | 24/12/2024 Import-Export
Your care
Nghệ An Province anticipates record FDI amidst economic upswing
15:49 | 26/12/2024 Import-Export
Green farming development needs supportive policies to attract investors
15:46 | 26/12/2024 Import-Export
Vietnamese enterprises adapt to green logistics trend
15:43 | 26/12/2024 Import-Export
Paving the way for Vietnamese agricultural products in China
11:08 | 26/12/2024 Import-Export
VN seafood export surpass 2024 goal of $10 billion
14:59 | 25/12/2024 Import-Export