September 12, 2023

Vietnam's meat imports drop 11.2% in value in July

Vietnam's meat and meat products imports in July totalled over 60,800 tonnes, amounting to US$124.85 million, marking a 1.1% decrease in volume and an 11.2% drop in value compared to the same period last year, reports the Agency of Foreign Trade under the Ministry of Industry and Trade, Vietnam Plus reported.

Throughout the first seven months of the year, Vietnam imported over 356,400 tonnes of foreign meat and meat products worth more than US$723 million. Although the value of these imports declined by 8.4%, the volume increased by 1.6% compared to the same period in the previous year.

In July, Vietnam experienced decreases in imports from India, Brazil, and the Republic of Korea. Conversely, imports from Russia, the United States, and Poland saw an increase compared to July 2022.

The primary categories of imported meat and meat products included poultry and offal, fresh chilled or frozen beef, and fresh chilled or frozen pork, among others.

While imports of poultry, buffalo meat, and beef showed a downward trend, imports of pork and offal from pigs, buffaloes, and cows increased year-on-year.

-      Vietnam Plus