According to preliminary statistics from Vietnam Pepper and Spice Association (VPSA), in the first 9 months of 2024, Vietnam exported 21,841 tonnes of ginger, turmeric and spices with a total turnover of nearly 45 million USD, down 28.3% in volume but up sharply by 9.9% in turnover.
Main export markets for ginger, turmeric and spices from Vietnam are India, Bangladesh and Indonesia respectively.
Currently, Vietnam ranks third in the world in supplying and processing spices after India and China, entire Vietnamese spice industry has 14 factories with deep processing technology. Previously in 2023, ginger, turmeric and some other spices were exported to 34,976 tonnes with an export value of 49.3 million USD, a sharp increase of 222.4% compared to 2022. Currently, there are 30 member enterprises of VPSA participating in the export of ginger and turmeric, along with about 80 other enterprises outside VPSA.
In particular, for ginger, a familiar and popular item for Vietnamese people, but when exported abroad, ginger is highly sought after, favored and has a good price.
Vietnamese ginger is often exported in frozen form, in addition, processed Vietnamese ginger is also consumed quite strongly, often used as a spice and used to support digestive system, reduce nausea, help fight flu and common colds.
In particular, ginger jam is a very popular product in cold countries. In addition to its delicious, aromatic quality, Vietnamese ginger is also cheaper than domestic products in other countries.
In the same spice group as ginger is turmeric. Turmeric originated from India and although it is popular in Vietnam, it is a rare spice that is difficult to find in the world, only found in some tropical countries such as India, China, Vietnam, Thailand, Myanmar and Nilgeria.
Vietnam is one of the countries with the largest turmeric growing area in the world, with more than 50,000 hectares (as of 2021), mainly in the Central and Central Highlands provinces, such as Quang Nam, Quang Ngai, Gia Lai, Kon Tum, Dak Lak, Dak Nong... Vietnamese turmeric has good quality, high curcumin content, from 3-5%.
For turmeric, turmeric starch is the most sought-after product in many countries. Vietnamese turmeric starch is considered to have a beautiful color, pleasant aroma and retains curcumin content in turmeric, which is an active ingredient with many benefits for health and beauty; anti-cancer, aids digestion, protects the liver, strengthens immune system, improves memory and whitens the skin.
It is expected that the total export turnover of Vietnam's spices by 2025 can reach about 2 billion USD, with an export volume of about 500,000 tonnes.

Source: Vitic/ congthuong.vn