Seven-month pepper exports record high value
According to President of the Vietnam Pepper Association (VPA) Do Ha Nam , the US and Germany are the two largest importers of Vietnamese pepper, while the Netherlands , the United Arab Emirates and Egypt also bought large volumes.
At the moment, Vietnam has almost completed this year’s pepper harvest with an estimated output of 100,000-110,000 tonnes, equal to the volume of 2010.
The exports price of pepper from now till early 2012 is forecast to stay high as supplies from major producers like Vietnam , Brazil and Indonesia cannot meet the world’s demands.
The Ministry of Agriculture and Rural Development expects that the country would earn over $766 million in 2011, $346 million more than the figure of 2010.
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