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According to the General Department of Customs, in the first eight months of 2024, Vietnam spent nearly 1.08 billion USD on imports of meat and meat products. Compared to the same period last year, the import value of this group of items increased sharply by 20.3%.
Vietnam's meat and meat product exports reached 105 million USD. Thus, the country had a trade deficit of about 970 million USD of meat and meat products.
Imports include fresh and frozen pork, beef, poultry; edible animal by-products such as chicken feet, chicken necks, chicken skin, hearts, kidneys, gizzards, etc.
Vietnam imports meat and meat products and by-products from 37 countries and territories. In the last eight months, India, Russia, Brazil, Germany, Canada, the US, Spain, and Poland have been the main sources of livestock products for Vietnam.
Regarding pork consumption, Vietnam ranks 6th in the world and has a pork consumption/production ratio of 105.4%. Domestic pork production only meets 95% of pork consumption demand.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that in the food basket, pork accounts for 65% of the consumer price index (CPI).
September 3, 2024/ Industry and Trade Newspaper/ Vietnam.
https://congthuong.vn/
