Cheap imported meat is massively imported into Vietnam, will domestic pork prices be affected?

The amount of imported meat increased. According to the latest data from the Import-Export Department (Ministry of Industry and Trade), in May, Vietnam imported 76,120 tons of meat and meat products, worth 140 million USD. Compared to the same period last year, this number increased by 32.1% in volume and 28.6% in value. This is the 5th consecutive month that the amount of imported meat and meat products has increased compared to the same period in 2023. Accumulated in 5 months, Vietnam has imported 304,850 tons of meat and meat products, with a total value of 597,000 tons. million USD, an increase of 29% in volume and 25.2% in price compared to the same period last year. Each kilogram of imported meat and meat products has an average price of 46,000 - 47,000 VND, down 2% over the same period last year. Vietnam imports meat and meat products from 41 markets, of which India, the US, Russia, Poland and Brazil are the largest suppliers. Most imported meats include frozen pork, beef, ...