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Due to stable sales demand in this market in the future, Vietnamese pepper exports to this country will show a positive signal
.
The Import and Export Bureau quoted statistics from the Korea International Trade Commission showing that in the first eight months of 2021, South Korea’s pepper imports and imports were 4568 tons and 19 million US dollars respectively
.
Although the volume of imports fell by 20.
9%, the value of imports increased by 17%
.
.
Although the volume of imports fell by 20.
9%, the value of imports increased by 17%
.
According to the Import and Export Bureau of the Ministry of Industry and Trade, South Korea’s pepper imports from Vietnam and Indonesia declined in the first eight months of this year, but the pepper imports from Thailand soared
.
Specifically, in the first eight months of this year, South Korea imported 4,151 tons of pepper from Vietnam, with an import value of $16.
5 million
.
Import volume fell by 2.
3% year-on-year, but import value increased by 39.
2%
.
.
Specifically, in the first eight months of this year, South Korea imported 4,151 tons of pepper from Vietnam, with an import value of $16.
5 million
.
Import volume fell by 2.
3% year-on-year, but import value increased by 39.
2%
.
However, due to the sharp drop in South Korea’s total pepper imports, the Vietnamese pepper market share in South Korea’s total pepper imports increased from 73.
6% in August 2020 to 90.
88% in August 2021
.
In contrast, South Korea’s pepper imports and imports from Thailand increased by 195.
3% and 55.
4% year-on-year, respectively
.
Thailand’s pepper market share in Korea’s total pepper imports increased from 0.
06% in August last year to 0.
24% in August this year
.
(over)
6% in August 2020 to 90.
88% in August 2021
.
In contrast, South Korea’s pepper imports and imports from Thailand increased by 195.
3% and 55.
4% year-on-year, respectively
.
Thailand’s pepper market share in Korea’s total pepper imports increased from 0.
06% in August last year to 0.
24% in August this year
.
(over)
