Pepper Market August 2, 2025

Vietnamese goods exported to the US are subject to a 20% reciprocal tax

Pepper prices in the domestic market today  are stable at around 139,000 - 140,000 VND/kg. According to the announcement of the White House, the reciprocal tax rate for Vietnamese goods exported to the US has decreased from 46% to 20%.

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In the domestic market

Pepper prices  this morning in the domestic market fluctuated between 139,000 - 140,000 VND/kg.

Specifically,  the pepper price   in Dak Nong is currently being purchased at the highest level of 140,000 VND/kg. Next is Dak Lak at 139,500 VND/kg, Gia Lai at 139,000 VND/kg.

In the Southeast region, pepper prices are commonly at 139,000 VND/kg in Ba Ria - Vung Tau, Dong Nai and Binh Phuoc.

Market (survey area)	Purchase price on August 2 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	139,500	–
Gia Lai	139,000	–
Dak Nong	140,000	–
Ba Ria – Vung Tau	139,000	–
Binh Phuoc	139,000	–
Dong Nai	139,000	–

In the world market

At the end of the most recent trading session, according to the International Pepper Community (IPC), the price of Indonesian black pepper was listed at 7,063 USD/ton, continuing to decrease slightly by 0.21% compared to the previous trading session.

In other leading producing countries, black pepper  export  prices  remained generally stable. Malaysian ASTA black pepper remained at $8,900/ton; Brazilian ASTA 570 pepper reached $6,000/ton.

Vietnam's black pepper export price ranges from 6,140 - 6,270 USD/ton for 500 g/l and 550 g/l black pepper.

Type name	World black pepper price list
	August 2 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,063	-0.21
Brazilian Black Pepper ASTA 570	6,000	–
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6.140	–
Vietnamese black pepper (500 g/l)	6,270	–

Similar to black pepper, Indonesian Muntok white pepper price decreased by 0.21% compared to the previous day, down to 9,873 USD/ton.

Meanwhile, Vietnamese white pepper remained unchanged at 8,850 USD/ton, while Malaysian ASTA white pepper reached 11,750 USD/ton.

Type name	World white pepper price list
	August 2 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,873	-0.21
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,850	–

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According to the International Trade Center (ITC), in the first 5 months of 2025, the total  import  volume  of the US reached 36,260 tons, down 3.3% compared to the same period last year and up 29.1% compared to the same period in 2023.

The largest pepper suppliers to the US include: Vietnam: 23,348 tons, accounting for 64.4% and down 17.8% over the same period. Next is Indonesia: 5,975 tons, up 90.3%, accounting for 16.5% of the market share; India: 3,808 tons, up 20.1%, accounting for 10.5% of the market share and Brazil: 1,722 tons, up 14.9%, accounting for 4.7% of the import market share.

Early morning of August 1, 2025 (Vietnam time), the White House posted President Donald Trump's Executive Order on adjusting reciprocal tax rates, according to which the US decided to adjust the reciprocal tax rates for 69 countries and territories listed in Appendix I. According to this Appendix, the reciprocal tax rate for Vietnam is reduced from 46% to 20%.

Thus, this tax rate of Vietnam is lower than the 25% of Indian goods and 20% of Sri Lanka. At the same time, it is insignificantly higher than the 19% of some countries in the Southeast Asian region such as Cambodia, Indonesia or Malaysia.

Meanwhile, Brazil alone risks facing tariffs of up to 50% from August 6.

The Vietnam Pepper and Spice Association (VPSA) believes that although Vietnam's pepper exports to the US have decreased recently, this may be a temporary result during the market's adjustment period before the new tax policy.

The US market is expected to see a sharp increase in orders in the fourth quarter of 2025 and the first quarter of 2026, as importers begin to build inventories for the peak consumption season.

Tariff advantages over some major competitors, along with stable supply capacity, are the basis for expecting that Vietnam's pepper exports to the US will recover positively in the second half of 2025.

According to VietnamBiz.vn