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    Home > Food News > Food Articles > Vietnam's pork imports continue to grow

    Vietnam's pork imports continue to grow

    • Last Update: 2021-05-20
    • Source: Internet
    • Author: User
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    (De Volkskrant) Vietnamese foodmate.
    net/tag_2420.
    html" class="zdbq" title="Pork related food information" target="_blank">pork foodmate.
    net/tag_951.
    html" class="zdbq" title="Import related food information" target="_blank">imports amounted to 34,650 tons, foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">exports amounted to $ 80.
    07 million, an increase of 101.
    4% and 102.
    3% respectively compared with the same period in 2020.
    Russia is the largest pork supply market to Vietnam in the first quarter of 2021.
    Vietnam's pork import volume was 16,555,000 tons, and its export value was US$44.
    85 million, a year-on-year increase of 1116.
    5% and 1002.
    1% respectively.
    foodmate.
    net/tag_1222.
    html" class="zdbq" title="U.
    S.
    Department of Agriculture related food information" target="_blank">The U.
    S.
    Department of Agriculture predicts that pork consumption in Vietnam will increase by 3.
    6% this year.
     
      On the other hand, data from the General Administration of Customs of Vietnam shows that in the first quarter of 2021, Vietnam's meat and meat products exports reached 45,100 tons, with an export value of 17.
    04 million U.
    S.
    dollars.
    Meat and meat products are mainly exported to markets such as Hong Kong, South Korea and China.
    Among them, exports to Hong Kong, China accounted for 71.
    53% of total exports.
     
      The Vietnam Import and Export Bureau cited the latest report from the United States Department of Agriculture (USDA) that global pork production in 2021 will increase by 5% year-on-year to 101.
    5 million tons.
     
      In the United States, the slaughter volume has increased due to the reduction in pig weight.
    It is estimated that by 2021, pork production will remain almost unchanged, reaching 12.
    8 million tons.
    In addition, due to the low number of piglets in the first quarter of 2021, production has also declined, and the producer plans to reduce the number of sows in the middle of the year.
    It is expected that production in China, the European Union, Brazil, Russia, Vietnam, Mexico and Japan will increase by 0.
    2-11.
    4% in 2021.
     
      According to data from the US Department of Agriculture, global pork consumption in 2021 is expected to increase by nearly 5% over 2020, reaching nearly 101 million tons, which is lower than the 6% level predicted in January 2021.
    Except for the US consumption this year is expected to drop to 9.
    9 million tons, a 0.
    4% drop from 2020, other major pork consumption markets such as the European Union, China, Russia, Brazil, Vietnam, the Philippines and Mexico have all increased with a growth rate of 0.
    2%.
    -8.
    9%.
     
      In the Vietnamese market, pork production in 2021 is expected to increase by nearly 5% over 2020, reaching 2.
    59 million tons.
    At the same time, pork imports are expected to remain unchanged at approximately 135,000 tons.
    The reason for the increase in production and the unchanged import is because the consumption is expected to increase.
    The U.
    S.
    Department of Agriculture predicts that this year's pork consumption in Vietnam will increase by 3.
    6% over 2020, reaching more than 2.
    78 million tons.
    (Finish)
    foodmate.
    net/tag_2420.
    html" class="zdbq" title="Pork related food information" target="_blank">Pork foodmate.
    net/tag_951.
    html" class="zdbq" title="Import related food information" target="_blank">imports and foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">exports foodmate.
    net/tag_1222.
    html" class="zdbq" title="U.
    S.
    Department of Agriculture related food information" target="_blank">U.
    S.
    Department of Agriculture
     
      On the other hand, data from the General Administration of Customs of Vietnam shows that in the first quarter of 2021, Vietnam's meat and meat products exports reached 45,100 tons, with an export value of 17.
    04 million U.
    S.
    dollars.
    Meat and meat products are mainly exported to markets such as Hong Kong, South Korea and China.
    Among them, exports to Hong Kong, China accounted for 71.
    53% of total exports.
     
      The Vietnam Import and Export Bureau cited the latest report from the United States Department of Agriculture (USDA) that global pork production in 2021 will increase by 5% year-on-year to 101.
    5 million tons.
     
      In the United States, the slaughter volume has increased due to the reduction in pig weight.
    It is estimated that by 2021, pork production will remain almost unchanged, reaching 12.
    8 million tons.
    In addition, due to the low number of piglets in the first quarter of 2021, production has also declined, and the producer plans to reduce the number of sows in the middle of the year.
    It is expected that production in China, the European Union, Brazil, Russia, Vietnam, Mexico and Japan will increase by 0.
    2-11.
    4% in 2021.
     
      According to data from the US Department of Agriculture, global pork consumption in 2021 is expected to increase by nearly 5% over 2020, reaching nearly 101 million tons, which is lower than the 6% level predicted in January 2021.
    Except for the US consumption this year is expected to drop to 9.
    9 million tons, a 0.
    4% drop from 2020, other major pork consumption markets such as the European Union, China, Russia, Brazil, Vietnam, the Philippines and Mexico have all increased with a growth rate of 0.
    2%.
    -8.
    9%.
     
      In the Vietnamese market, pork production in 2021 is expected to increase by nearly 5% over 2020, reaching 2.
    59 million tons.
    At the same time, pork imports are expected to remain unchanged at approximately 135,000 tons.
    The reason for the increase in production and the unchanged import is because the consumption is expected to increase.
    The U.
    S.
    Department of Agriculture predicts that this year's pork consumption in Vietnam will increase by 3.
    6% over 2020, reaching more than 2.
    78 million tons.
    (Finish)
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