Cheap imported meats flood market
In this article (5)
Some 304,850 tons of meat and meat products were imported in the first five months of 2024, up 29% year-on-year, at an average price of VND46,000 (US$1.8) per kilogram.
According to data from the Agency of Foreign Trade, they shot up in May to 76,120 tons worth $140 million, up 32.1% from a year ago in volume and 28.6% in value.
India, the U.S., Russia, Poland, and Brazil are Vietnam’s top suppliers.
In HCMC, imported frozen pork is 30-40% cheaper than local products.
Thanh Hoa, owner of a meat import business in the city’s Tan Binh District, said prices of Vietnamese pork are rising.
The Animal Husbandry Association of Vietnam warned that cheap imports could pose unhealthy competition to domestic products and affect consumers’ health if they are of low quality.
It called on authorities to tighten control over meat imports to protect both consumers’ health and the local industry.
Questions & Answers
Q.Which countries are the main suppliers of imported meat and meat products to Vietnam?
Which countries are the main suppliers of imported meat and meat products to Vietnam?
India, the U.S., Russia, Poland, and Brazil are identified as Vietnam’s top suppliers. These countries contribute to the significant volume of meat imports.
Q.What is the average price of imported meat per kilogram mentioned in the article?
What is the average price of imported meat per kilogram mentioned in the article?
The average price of imported meat and meat products in the first five months of 2024 was VND46,000, which is equivalent to US$1.8 per kilogram.
Q.What concerns has the Animal Husbandry Association of Vietnam raised regarding meat imports?
What concerns has the Animal Husbandry Association of Vietnam raised regarding meat imports?
The association warned that cheap imports create unhealthy competition for domestic products. They also highlighted potential risks to consumers’ health if the imported meat is of low quality.
Q.How much cheaper is imported frozen pork compared to local products in Ho Chi Minh City?
How much cheaper is imported frozen pork compared to local products in Ho Chi Minh City?
In Ho Chi Minh City, imported frozen pork is significantly cheaper than local products. It is reported to be 30-40% less expensive.
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