Last year, Vietnam's pork imports rose by 382%
In 2020, Vietnam's pork imports totalled 141,140 tonnes (in pig meat, offal and processed products), up 382% from the previous year. Also, the import value in 2020 increased by 503% to $334.44 million, according to the General Department of Vietnam Customs. The first three main suppliers are covering almost two-thirds of the Vietnamese pork imports: Brazil (24.5%), Russia (24.1%) and the US (13.7%). For Russia, pork exports to the Southeast Asian country have been allowed at the end of 2019 but the former Soviet country has managed to rapidly increase the volumes shipped to the Vietnamese market. The rising pork imports are attributed to the low domestic supply caused by the Covid-19 pandemic, African swine fever, and the central Vietnam floods, according to the Ministry of Industry and Trade, quoted by the Retail Asia magazine.
Currently, 800 enterprises from 19 countries are allowed to export pig meat to Vietnam, although experts are expecting the imports to drop in the following months due to herd rebuilding phase started in 2020.
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