Vietnam eyes $2.4 billion pepper exports as shipments surge

Vietnam shipped nearly 237,700 tonnes of pepper between January and October, generating export revenues of more than $1.53 billion, according to trade data. The figure represents a 15.2% increase in volume and a 10.3% gain in value compared with the corresponding period in 2023, underscoring the sector's expanding international footprint.

The consistent growth trajectory has positioned Vietnam's pepper industry to pursue an ambitious $2.4 billion export target for 2026. Industry analysts attribute the momentum to sustained global demand for premium spices, coupled with competitive pricing and consistent quality standards maintained by Vietnamese producers.

Vietnam remains among the world's leading pepper exporters, with the commodity playing a significant role in the nation's agricultural export portfolio. The sector's performance reflects broader trends of resilience in Vietnam's export-oriented economy, despite volatile global commodity markets and shifting trade dynamics in the region.

Trade officials indicated that achieving the 2026 target will require sustained efforts in expanding production capacity, improving supply chain efficiency, and securing long-term contracts with major trading partners. The pepper sector's growth also supports rural livelihoods across Vietnam's primary growing regions, particularly in the Central Highlands.