November 23, 2024 | 07:25 GMT +7
Hotline: 0913.378.918
November 23, 2024 | 07:25 GMT +7
Hotline: 0913.378.918
Vietnam's pepper imported into China increased sharply in the first quarter. Photo: TL.
According to the Agency of Foreign Trade (Ministry of Industry and Trade), in the first quarter, China's pepper imports continued to decline due to the "Zezo Covid" policy, which had a negative impact on the trade of goods in general and pepper products in particular.
Statistics of the China Customs Administration show that, in the first quarter, China's pepper import from the world market reached $6.6 million, down 55.8% compared to the first quarter of 2021. However, China sharply increased its pepper import from Vietnam, with an increase of 24.7% over the same period in 2021 and reached $2.73 million.
In 2021, China's pepper import reached $54.3 million, down 16.7% compared to 2020. In which, China's pepper import from Vietnam reached 17.5 million USD, down 0.8%. However, Vietnam's pepper market share accounts for 32.23% of China's total import value in 2021, higher than the 27.06% contribution in 2020.
Translated by Hoang Duy
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