Exporting a premium spice, Vietnam earns tens of millions of USD

Việt NamViệt Nam11/07/2024


In the first two months of the year, Vietnam's star anise exports reached 1,437 tons. Vietnam exported 951 tons of star anise to the Indian market.

According to statistics from the Vietnam Pepper and Spice Association (VPSA), Vietnam's star anise exports in June reached 1,548 tons, worth 6.7 million USD, down 0.8% compared to the previous month. Prosi Thang Long was the largest exporter in the month, accounting for 13.8%, reaching 213 tons.

Xuất khẩu một loại cây gia vị cực phẩm, Việt Nam thu về hàng chục triệu USD
Exporting a premium spice, Vietnam earns tens of millions of USD

In the first 6 months of this year, Vietnam exported 7,023 tons of star anise, with a total export turnover of 34.2 million USD, compared to the same period in 2023, the export volume decreased by 5.6% and the turnover decreased by 25.3%. India is the largest export market for star anise in Vietnam with 4,410 tons, accounting for 63% of the total number of importers in Vietnam.

According to statistics from the World Spice Organization, Vietnam's star anise production ranks second globally. With star anise, Vietnam is a potential supplier to the world's spices and flavorings market - worth 21.3 billion USD in 2021 and expected to increase to 27.4 billion USD in 2026.

Currently, our country has a total star anise growing area of ​​about 40,000 hectares, mainly concentrated in Lang Son and Cao Bang with an annual output of more than 16,000 tons.

Notably, in the world, star anise is almost only found in Vietnam and China and can be produced in large quantities thanks to favorable conditions. Star anise begins to be harvested from the 4th year, however, it takes about 16 years to be able to harvest 2 crops/year, so this rare plant becomes even more valuable. In particular, the spring crop is concentrated in February and March; the summer crop is in September and October.

Star anise is one of the finest spices that famous chefs always love to use in their dishes. Using star anise skillfully in dishes will help elevate the dish to a whole new flavor.

In addition, when using pure star anise to soak in wine, it will help treat diseases such as colds, headaches, stomachaches, digestive diseases and bone and joint diseases. Star anise is also effective in treating skin fungus, scabies, pain relief, bruise reduction, cough treatment, expectorant... and many other healing effects. In addition, star anise essential oil is also one of the good cosmetics used in the beauty industry.

Source: https://congthuong.vn/xuat-khau-mot-loai-cay-gia-vi-cuc-pham-viet-nam-thu-ve-hang-chuc-trieu-usd-331483.html


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