In the first four months of this year, Vietnam's pepper exports increased but their exports declined

According to statistics, in April 2020, Vietnam's pepper exports amounted to 40,000 tons, generating US$80 million in foreign exchange, while exports and exports decreased by 0.7% and 3.7% month-on-month, respectively.
the first four months of this year, pepper exports reached 121,000 tons, generating $256 million in foreign exchange, while exports grew 11.9% year-on-year, but exports fell 9.4% year-on-year.
, Vietnam is entering the pepper harvest season, harvest area of more than 50%, so the source of pepper supply in Vietnam continues to be replenished.
supply is expected to reach about 350,000 tonnes by 2020, of which 90,000 tonnes will be in 2019.
The global pepper market is expected to continue to face difficulties due to the outbreak of new crown pneumonia, such as the implementation of social distance measures and the temporary closure of various catering services affecting the market, especially in the United States and the European Union, where demand for pepper remains weak.
Against the background of the complex and changing outbreak of new crown pneumonia, which affects Vietnam's pepper exports, Vietnam's pepper industry has changed the structure of its export products, such as upgrading and upgrading the processing process, thereby increasing the value of its products while improving its competitiveness in the market.
according to the Import and Export Bureau of the Ministry of Industry and Trade, it is currently the pepper harvest season in the Western Plains and southern regions, and the sale price of peppers is on the rise, although it is still at a low level compared with previous years.
April, black pepper sold for between 37,000 and 395,000 rupiah/kg, while white pepper sold for 59,000 dong/kg.
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