VINAGRI News - In 2025, Vietnam’s pepper and spice exports achieved a historic milestone, with export turnover exceeding USD 2.12 billion for the first time. Pepper alone contributed more than USD 1.6 billion, reinforcing its role as the backbone of the country’s spice exports despite ongoing global economic uncertainties.
Summary:
> Vietnam’s pepper and spice export turnover exceeded USD 2.12 billion for the first time in 2025.
> Pepper alone contributed over USD 1.6 billion, accounting for more than 78% of total spice exports.
> The U.S., Germany, and India remain the three largest markets for Vietnamese pepper.
> Pepper prices remain at high levels, while 2025 - 2026 output is expected to decline slightly due to weather impacts.
> The current market environment presents opportunities to shift toward deeper processing and higher value-added exports.
The year 2025 marked a significant milestone for Vietnam’s pepper and spice sector, as total export revenue surpassed USD 2.12 billion for the first time on record. Of this total, pepper accounted for more than USD 1.6 billion, up 26% year-on-year, representing over 78% of the country’s total spice export value. This also stands as the highest pepper export turnover Vietnam has ever achieved.
These results not only reaffirm pepper’s pivotal role within the spice group, but also highlight the sector’s growing importance in Vietnam’s overall agricultural export landscape. With a substantial contribution to the agricultural sector’s trade surplus of around USD 70 billion, pepper and spices have helped the industry exceed the export targets set by the government.
Notably, this achievement came amid persistent global economic uncertainties. Inflationary pressures, geopolitical conflicts, and tighter consumer spending in major markets have dampened global demand. Nevertheless, Vietnam’s pepper exports maintained solid growth, underscoring the sector’s resilience and adaptability. This performance suggests that growth has not been driven solely by price or volume, but also by comprehensive improvements in quality, credibility, and the ability to meet increasingly stringent international standards.
Vietnam continues to hold its position as the world’s largest supplier of pepper, with the United States, Germany, and India remaining its three key export markets. According to the General Department of Customs, Vietnam’s market shares in these destinations stand at 25.1%, 7.5%, and 4.8%, respectively.
In 2025, pepper exports to the United States reached 56,182 tonnes, generating approximately USD 416.4 million in revenue. Despite challenges related to reciprocal tariffs, exports to the U.S. still rose slightly by 2.2% compared to the previous year, maintaining the country’s status as Vietnam’s largest pepper market.
Germany ranked second, with exports totaling 16,167 tonnes and an estimated value of USD 123.8 million, a strong increase of 31.2% year-on-year. Similarly, Vietnam exported 11,349 tonnes of pepper to India in 2025, earning USD 79.9 million, up sharply by 54.5% from 2024.
Vietnam’s pepper harvest for the new season began in December 2025. Domestic prices for the so-called “black gold” have remained at elevated levels, ranging from approximately VND 148,000 to 150,000 per kilogram.
Looking ahead, pepper output for the 2025 - 2026 crop year is forecast to decline slightly due to the impact of extreme weather conditions. As a result, both domestic and export prices are expected to remain high amid tighter supply. Industry experts view this as an opportunity to restructure the sector, with a stronger focus on deep processing and value-added products rather than primarily exporting raw black and white pepper as in the past.
NPK/ Vinagri News
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