2023
Exports
$794MWorld Rnk 3 / 183
Flag Rnk 79 / 1173
2023
PRODUCT COMPLEXITY IN Pepper
-1.84Rnk 984 / 1025
2023
Imports
$118MWorld Rnk 14 / 220
Flag Rnk 338 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $794M in Pepper, making it the 3rd largest exporter of Pepper in the world. At the same year, Pepper was the 79th most exported product in Vietnam. The main destination of Pepper exports from Vietnam are: United States ($241M), India ($46.3M), Germany ($45.6M), United Arab Emirates ($44.4M), and Canada ($29.3M).

The fastest growing export markets for Pepper of Vietnam between 2022 and 2023 were Turkey ($4.64M), Philippines ($2.65M), and Saudi Arabia ($1.79M).

Imports In 2023, Vietnam imported $118M in Pepper, becoming the 14th largest importer of Pepper in the world. At the same year, Pepper was the 338th most imported product in Vietnam. Vietnam imports Pepper primarily from: Brazil ($50.8M), India ($28.7M), Indonesia ($14.6M), China ($7.59M), and Cambodia ($7.2M).

The fastest growing import markets in Pepper for Vietnam between 2022 and 2023 were India ($26M), Netherlands ($799k), and United States ($724k).

COMPANIES In 2024, leading companies such as Dollarama (4) were at the forefront of shipping Pepper from Vietnam to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pepper. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$794M
IMPORTS (2023)$118M
NET TRADE (2023)$676M

In 2023, Vietnam exported $794M in Pepper. The main destinations of Vietnam exports on Pepper were United States ($241M), India ($46.3M), Germany ($45.6M), United Arab Emirates ($44.4M), and Canada ($29.3M).

In 2023, Vietnam imported $118M in Pepper, mainly from Brazil ($50.8M), India ($28.7M), Indonesia ($14.6M), China ($7.59M), and Cambodia ($7.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Turkey$4.64M (55.6%)
Philippines$2.65M (11.7%)
Saudi Arabia$1.79M (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY Vietnam WERE (2022 - 2023):
United States-$99.4M (-29.2%)
China-$32.4M (-61.9%)
South Korea-$30.1M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Pepper were:
India $1.42B
China $857M
In 2023, Vietnam's main importing competitors in Pepper were:

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Trade Value of Pepper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $40.3M
TOP IMPORT POTENTIALChina+ $8.24M

Pepper’s highest export potential is China. With an export gap of $40.3M.   Pepper’s highest import potential is China with an import gap of $8.24M.

See methodology.

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