Cheap meat is massively imported into Vietnam

Published 2024년 7월 14일

Tridge summary

Vietnam has seen a consistent monthly increase in meat imports, with a 32.1% rise in volume and a 28.6% increase in value in May compared to the same period in 2023. Over the past five months, the country has imported 304,850 tons of meat, valued at 597 million USD. The main suppliers are India, the US, Russia, Poland, and Brazil. The price per kilogram of imported meat has decreased by 2% from last year, making it more appealing despite concerns about quality and fair competition with domestic products. The Vietnam Livestock Association has called for stricter border controls on imports to ensure consumer health and protect the local livestock industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 increased compared to the same period in 2023. In the past 5 months, Vietnam has imported 304,850 tons of meat and meat products, with a total value of 597 million USD (more than 14,000 billion VND), an increase of 29% in volume and 25.2% in price over 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, chicken... In particular, pork ...

Source: VNExpress