Pepper exports hit US$743 million in nine monthsUpdate: 2/10/2013
Vietnam fetched US$743 million from exporting 112,000 tonnes of pepper in the first nine months of 2013, representing year-on-year increases of over 20% in volume and 16.5% in value.
In September alone, the country shipped around 11,000 tonnes abroad, earning US$72 million, said the Vietnam Pepper Association (VPA).
The association attributed the increase to the rising demands of foreign importers and the mounting prices of pepper in the global market.
Vietnam has more than 50,000 hectares under the spice, mainly in the six provinces of Gia Lai, Dak Lak, Dac Nong, Binh Phuoc, Dong Nai and Ba Ria-Vung Tau.
It exports pepper to more than 90 countries and territories around the world.