May 28, 2024
Vietnam opens market to UK pork exports
Vietnam has granted approval for selected pork sites across the UK to commence commercial trade, marking the first time UK pork will enter this significant market, PigWorld reported.
Pork is the most favoured meat in Vietnam, with consumption surpassing domestic production. According to the UK Agriculture and Horticulture Development Board (AHDB), this deal is estimated to be worth approximately GBP 12 million (US$15.3 million) to the UK pork sector over the first five years of trade.
This milestone follows an extensive process of audits and negotiations led by the UK Government, AHDB, and the wider industry, including the UK Export Certification Partnership (UKECP), to unlock a new market for UK pork.
Jonathan Eckley, AHDB Head of International Trade Development, said that one of AHDB's key strategic objectives is export development, working collaboratively with industry and government to cultivate further opportunities for our red meat and dairy sectors.
In anticipation of market opportunities in Vietnam, AHDB participated in the Food & Hotel Vietnam (FHV) trade show earlier this year. Access to the Vietnamese market is expected to provide opportunities to balance carcasses and support domestic swine prices.
AHDB conducted research into the Vietnamese market to equip exporters with essential information on consumer buying behaviours once market access for pork was secured.
- PigWorld