HANOI, May 8 (Xinhua) -- Vietnam's pepper export volume declined 19.4 percent to 83,067 tons in the first four months of 2024 compared to the same period last year, while its value surged 10.3 percent to 352 million U.S. dollars, Vietnam News Agency reported Wednesday, citing the Vietnam Pepper and Spice Association.
The increase in value was attributed to a sharp rise in the average prices of exported pepper.
The average price of exported black pepper from January to April was 4,065 dollars per ton, up 19.4 percent year on year while that of white pepper reached 5,678 dollars per ton, up 14.5 percent year on year.
Asia remained Vietnam's biggest pepper importer with 36.2 percent of Vietnamese pepper exported to that market during the cited period.
The association forecast that Vietnam's pepper export turnover will reach the target of 1 billion dollars this year thanks to the continuous surge of pepper prices. ■
