Spain

Spanish meat exports to Vietnam rose by 25%

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For the first nine months of 2020, Spain has exported meat products worth more than € 19 million to the Vietnamese market.

Posted on Dec 04 ,10:13

Spanish meat exports to Vietnam rose by 25%

The Spanish pig sector has been working on its positioning in the Vietnamese market for years, which has allowed it to take advantage of the favorable situation for exports to this destination in 2020. In February 2019, Vietnam declared the presence of the swine fever virus for the first time African in its territory, and since then its local producer sector has suffered a drastic fall in production, increasing dependence on imports in order to satisfy local consumption, which has one of the highest per capita consumption of pork in the world, estimated in 26 Kg by the OECD in 2019.
According to data presented by the Ministry of Agriculture, pork was the main product required in Vietnam, predominating exports of offal (7,330 tons worth € 7.8 million), followed by bacon (3,199 tons worth € 4.29 million) and meats (2,881 tons worth €5 million).
Spanish beef exports in the Southeast Asian market have reached €1.5 million, which represents 4% of the total value of beef exports to third countries. Currently, Spanish beef exporters are carrying out intensive work to promote these products in the Vietnamese market to position themselves as high-quality and food-safe products, since it is a market with interesting opportunities for European products, of growing consumption and also dependent on imports due to the poor development of its local beef sector.
Vietnam is not a new market for Spanish meat, although previous shipments have been based on pork products. The highest figure, until this year, was reached in 2016, when it totalled 15.81 million euros.

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