In the first 10 months, Vietnam exported nearly 240,000 tons of pepper

Vietnam's Ministry of Agriculture and Rural Development's Agricultural Products Processing and Market Development Bureau announced that as of the end of October 2020, Vietnam's cumulative exports of pepper 239,000 tons, exports of 537 million U.S. dollars, volume and value decreased by 4.6% and 15.2% year-on-year, respectively.
first nine months of the year, Vietnam Pepper's three main export markets were the United States, Germany and India, accounting for 31.3 per cent of the total market share.
average price of pepper exports in the first nine months of the year was US$2,222.9 per tonne, down 12.4% year-on-year.
import and export bureau of the Ministry of Industry and Trade believes that the price of pepper may rise in the future due to production cuts in some producing countries.
pepper-growing areas in Vietnam have been affected by the typhoon and have few stocks.
the bureau warned that pepper industry faces new opportunities and challenges after EVFTA takes effect.
, more attention needs to be paid to technical and food safety barriers.
。