July 19, 2026

Spicing Up Profits: Vietnam Rakes in $1.5B from Pepper Exports amid High Demand

Pepper
Reading Time: 2 minutes

By the end of November, Vietnam had exported approximately 225,000 tonnes of pepper, generating over US$1.5 billion in revenue. Despite a 4.4% year-on-year reduction in export volume, there was a 24.4% increase in revenue due to robust demand and consistently high export prices, as reported by the Vietnam Pepper and Spice Association (VPSA).

Export Prices and Major Markets

In the period from January to November, the average export price stood at $6,618 per tonne for black pepper and $8,636 per tonne for white pepper. This represented a rise of $767 and $2,175 respectively, compared to the same period the previous year.

The U.S. continued to be Vietnam’s largest export market, accounting for 21.7% with 48,849 tonnes, despite a 28% decrease. This was followed by the United Arab Emirates (UAE) taking in 19,930 tonnes, China with 17,744 tonnes, India importing 11,750 tonnes, and Germany with 10,876 tonnes.

November Trade Figures

In November alone, Vietnam exported 18,582 tonnes of pepper, which included 16,322 tonnes of black pepper and 2,260 tonnes of white pepper. This resulted in earnings of $121.5 million. Compared to October, export volume decreased by 4.4% and value fell by 6.2%. However, compared to the previous year, there was a substantial increase of 16.5% in volume and 14.2% in value.

The average export price in November was $6,519 per tonne for black pepper and $8,072 per tonne for white pepper. This represents a 1.2% increase for black pepper, but a 3.8% decrease for white pepper on a month-to-month basis.

Imports of Pepper

On the import front, Vietnam imported 2,459 tonnes of pepper in November, valued at $15.2 million. This was a significant 47.2% increase from October but a steep 43.9% decrease compared to November 2024. Cambodia was the largest supplier in that month, providing 1,506 tonnes (61.2%), followed by Brazil with 475 tonnes and Indonesia with 210 tonnes.

By the close of November, Vietnam had spent a total of $252 million on importing 40,242 tonnes of pepper. The year-on-year increase in import volume was 22%, and the value rose by 62.3%, indicating stronger purchasing for re-export and processing. Brazil remained the largest supplier with 18,956 tonnes (an increase of 10.6%), followed by Cambodia with 11,211 tonnes (a surge of 65.5%). Meanwhile, Indonesia supplied 7,156 tonnes, a sharp decrease of 49.3%.

Questions & Answers

What was the total revenue from Vietnam’s pepper exports by the end of November?
Vietnam generated over US$1.5 billion from pepper exports by the end of November.

Which countries are the biggest importers of Vietnamese pepper?
The U.S., the United Arab Emirates, China, India, and Germany are the major importers of Vietnamese pepper.

Who are the main suppliers of pepper to Vietnam?
Brazil, Cambodia, and Indonesia are the primary suppliers of pepper to Vietnam.

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