27,000 VND per kilogram of imported pork to Vietnam

The average price of imported pork is quite cheap compared to domestically raised products, of which some by-products are only about 20,000 VND per kg.

According to the General Department of Customs, as of mid-March, the country had imported nearly 7,800 tons of pork of all kinds, worth more than 9.4 million USD. This figure increased by nearly 16% in volume and 21% in value compared to the same period. Thus, on average, each kilogram of pork imported to Vietnam costs 1.2 USD, or about 27,000 VND.

Of which, fresh pork by-products were imported the most with 5,400 tons, worth 4.8 million USD, equivalent to 0.88 USD per kg (about 20,000 VND). Fresh pork was nearly 2,400 tons with a price equivalent to 42,500 VND per kg. The remaining small amount was meat and edible meat by-products after slaughter, salt, brine, dried or smoked...

Illustration photo

According to the General Department of Customs, in 2016, the amount of pork of all kinds imported to Vietnam reached 39,400 tons, worth 44 million USD. Of which, the main by-products after slaughtering fresh, chilled or frozen pigs with an average price of 21,000 VND;Fresh pork costs about 35,900 VND per kilogram.

The price of imported pork is quite cheap compared to domestically raised products. About 2 months ago, for the first time in 10 years, the price of live pigs dropped sharply to about 25,000 VND per kg, however, the meat sold in markets and supermarkets still fluctuates between 70,000 and 120,000 VND.

This is not the only Vietnamese food product that faces strong competition from other countries in the domestic market. Previously, recent customs statistics also showed that the price of imported chicken was only about 20,000 VND per kg.

According to the management agency, from the beginning of the year to mid-March, the country imported nearly 41,000 tons of meat of all kinds. The largest of these was chicken, accounting for more than half of the total amount of meat of all kinds imported into Vietnam, followed by buffalo and beef.

According to VNE