2022
Exports
$1.02BWorld Rnk 2 / 180
Flag Rnk 71 / 1176
2022
PRODUCT COMPLEXITY IN Pepper
-1.94Rnk 994 / 1025
2022
Imports
$169MWorld Rnk 7 / 221
Flag Rnk 310 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.02B in Pepper, making it the 2nd largest exporter of Pepper in the world. At the same year, Pepper was the 71st most exported product in Vietnam. The main destination of Pepper exports from Vietnam are: United States ($309M), United Arab Emirates ($61.8M), Germany ($55M), India ($54.7M), and China ($49.5M).

The fastest growing export markets for Pepper of Vietnam between 2021 and 2022 were United States ($70.6M), Ireland ($13.4M), and India ($12.1M).

Imports In 2022, Vietnam imported $169M in Pepper, becoming the 7th largest importer of Pepper in the world. At the same year, Pepper was the 310th most imported product in Vietnam. Vietnam imports Pepper primarily from: Brazil ($66.9M), Cambodia ($43.3M), Indonesia ($28.9M), China ($8.84M), and United Arab Emirates ($6.21M).

The fastest growing import markets in Pepper for Vietnam between 2021 and 2022 were Brazil ($45.4M), Cambodia ($21.8M), and United Arab Emirates ($3.33M).

COMPANIES In 2023, leading companies such as Walmart (5) and Costco Wholesale (3) were at the forefront of shipping Pepper from Vietnam to the United States.

Latest Trends

Oct 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 (2022)$1.02B
IMPORTS (2022)$169M
NET TRADE (2022)$851M

In 2022, Vietnam exported $1.02B in Pepper. The main destinations of Vietnam exports on Pepper were United States ($309M), United Arab Emirates ($61.8M), Germany ($55M), India ($54.7M), and China ($49.5M).

In 2022, Vietnam imported $169M in Pepper, mainly from Brazil ($66.9M), Cambodia ($43.3M), Indonesia ($28.9M), China ($8.84M), and United Arab Emirates ($6.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$70.6M (29.6%)
Ireland$13.4M (77.3%)
India$12.1M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY Vietnam WERE (2021 - 2022):
China-$59.1M (-54.4%)
Pakistan-$15.7M (-47.3%)
Egypt-$10M (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Pepper were:
India $1.21B
China $727M
In 2022, 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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