Vietnam’s Star Anise Exports Soar: Over 5,400 Tons Shipped to India in 2024
In the first seven months of 2024, Vietnam exported over 5,400 tons of star anise to India, solidifying its position as a major player in the spice market. India, in fact, accounts for a huge 63% of Vietnam's star anise exports, and this figure has grown by 7% compared...
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Vietnam’s Spice Exports: A Growing Success in 2024
In the first 8 months of 2024, Vietnam’s spice industry has continued to thrive, exporting key spices like chilli, cinnamon, star anise, and pepper. These valuable exports have brought in millions, even hundreds of millions of dollars, cementing Vietnam's position as a global spice powerhouse.
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Strong Export Numbers for...
Farmers Begin the Second Cinnamon Harvest Season in Lao Cai
As we move into the autumn months, farmers in Vietnam's Lao Cai province enter the bustling season of cinnamon bark harvesting. Every year, between August and October on the lunar calendar, cinnamon farmers begin their second harvest of the year, a critical time for gathering this valuable spice.
Drawing from years...
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Vietnam's Cinnamon Exports Reach $177 Million in First 8 Months of 2024
In the first eight months of 2024, Vietnam exported 62,918 tons of cinnamon, earning a total of $177 million. While this marks a 1.7% increase in export volume compared to the same period last year, the export value has witnessed a 3.5% decline.
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August 2024 Cinnamon Export Overview
According to the...
Vietnamese Star Anise Generates Millions of USD in Export Revenue
In the first seven months of this year, Vietnam exported nearly 8,700 tons of star anise, earning 42 million USD. Let's dive into these impressive figures and explore the potential of this valuable spice with VietGlobal Export.
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The Export Potential of Vietnamese Star Anise
According to the Vietnam...
India is The Biggest Market for Vietnam's Cinnamon
Vietnam’s Cinnamon Industry Thrives Alongside Pepper and Coffee Exports
Vietnam is not only known for its coffee and pepper exports but also for its vast supply of one of the world’s oldest spices—cinnamon. This rare spice is cultivated in only a few countries, including Indonesia, China, and Sri Lanka. In Vietnam,...
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Pepper Price Update: Vietnamese Pepper Prices Remain Steady While Global Prices Continue to Rise (August 30, 2024)
According to the latest report from the International Pepper Community (IPC), the global pepper market saw price fluctuations on August 29 (local time), with notable increases across various pepper varieties.
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Global Pepper Prices on August 30, 2024
Specifically, the price of Lampung black pepper from Indonesia rose by 0.44%, reaching $7,560...
Vietnamese Star Anise – A Rare and Highly Sought-After Global Spice Treasure
Vietnamese star anise, often referred to as Vietnam's "treasure," plays a significant role in the country's economy, offering high economic value and being in high demand by countries worldwide. As one of the most valuable spices, star anise contributes significantly to Vietnam’s spice exports, generating millions of dollars each...
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Top 5 Importers of Vietnamese Cinnamon: A Spicy Look at Global Demand
Vietnam reigns supreme as the world's leading exporter of cinnamon, boasting a rich history and expertise in cultivating this aromatic spice. Let's explore the top 5 countries currently importing Vietnamese cinnamon and delve into the reasons behind their fiery demand with VietGlobal Export!
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Top 5 Importers of Vietnamese...
International Container Shipping Rates See Significant Drop
From the beginning of the year to early July, the surge in ocean freight rates, congestion at some Asian ports, and a shortage of empty containers had a significant impact on Vietnam's import and export activities. However, by mid-August 2024, the Vietnam Maritime Administration reported a sharp decline in international...
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