[April 12th] Vietnam’s pork import volume rise 4.2%

Vietnam spent $18.69 million on importing over 8,400 tonnes of chilled or frozen pork, down 1% in value but up 4.2% in volume, according to the General Department of Vietnam Customs.

India was the largest supplier of meat and meat products for Vietnam, accounting for nearly 30% of the country’s total import volume. In the reviewed period, Vietnam’s meat and meat product imports from India reached over 31,000 tonnes, worth $94.62 million, surging 58% in volume and 73% in value over the same period in 2023.

Meanwhile, Vietnam’s imports of meat and meat products from most markets increased over the last year’s same period such as Poland, the Netherlands, Germany, Russia and Australia, the department noted.

The sharp increase in imports of all kinds of meat has created enormous pressure on the domestic livestock industry.

In 2023, the pork consumption per capita in Vietnam amounted to about 27.7 kilos per person, according to data and business intelligence platform Statista.

By 2029, the pork consumption per capita is forecasted to reach about 32.72 kilos per person annually in the country, it said.

Source: VN Express