Worlds Oldest Spice Bears Vietnam Modern Riches

The video discusses the significant growth in pepper production in Vietnam, which now rivals India and Indonesia. It highlights the dramatic increase in pepper prices over the last two decades, contrasting it with declines in other commodities like cotton and soybeans. The demand for pepper is driven by increased meat consumption in Asia and trade reforms in Vietnam. The video also touches on Vietnam's success in coffee production, attributing it to effective agricultural practices and export focus.

Which country has recently become one of the top producers of pepper, surpassing India and Indonesia?

• Brazil

• Malaysia

• Vietnam

• Thailand

By what percentage have pepper prices increased over the last 20 years?

• 150%

• 250%

• 500%

• 390%

What is the current trading price of black pepper per kilogram?

• $9

• $11

• $7

• $5

What is one of the main reasons for the increased demand for pepper in Asia?

• Climate change

• Increased meat consumption

• New agricultural techniques

• Government subsidies

Which country is the largest producer of coffee, with Vietnam being second?

• Brazil

• Indonesia

• Ethiopia

• Colombia