Pepper exports reached nearly 900 tonnes with total turnover of over $11 million in the first two months. — File Photo

HCM CITY (Biz Hub) — Pepper exports from Dong Nai Province had record-high earnings of US$12,200 per tonne in the first two months of the year, according to the provincial Statistics Office.

Pepper exports reached nearly 900 tonnes with total turnover of over $11 million in the first two months.

The province saw an increase of 54 per cent in volume and 150 per cent in value compared to the same period last year.

The province's biggest pepper export markets are India, the US and several Latin American countries.

This year, pepper farmers in Dong Nai had a bumper crop with average productivity of at least five to six tonnes per ha.

Many local farmers in Thanh Binh commune in Trang Bom District said that productivity levels had doubled compared to the last crop.

Small traders bought pepper at gardens for VND200,000 ($9.5) per kilo. With such prices, farmers can earn a profit of VND600-700 million ($28,500-33,300) per ha. — VNS