Vietnam spent US$33.75 million on importing over 12,000 tonnes of frozen pork in January, up 105% in volume and 149.1% in vale compared to the same period last year, according to the Import and Export Department under the Ministry of Industry and Trade.
Vietnam imports pork from around 13 foreign markets (Photo: plo.vn)
The average import price of frozen pork was US$2,672 per tonne, marking an increase of 20.8% year on year, said the Department.
Overall, the country imported pork from around 13 foreign markets. Russia was the largest supplier, accounting for 44.49% of total pork imports.
Businesses have increased pork imports to address rising prices of pork due to prolonged African Swine Fever outbreak, which led to reduced breeding stocks and limited supply.
Statistics show live hog prices in February hit VND68,000 to VND80,000 per kg, an increase of VND6,000 to VND 11,000 per kg compared to last month.
In another development, Vietnam Customs revealed that Vietnam imported more than 74,000 tonnes of meat and meat products worth US$156.68 million in the opening months of the year, up 8.2% in volume and 13.4% in value.
Imports mainly consisted of various types of meat, including meat and edible by-products after slaughter, frozen buffalo meat, frozen pork, and frozen beef.
Last year also saw Vietnam import 109,800 tonnes of frozen pork worth US$257.29 million from foreign markets, marking a decrease of 8.9% in volume and 12.2% in value compared to 2023.
