Vietnam: Striving for the export value of livestock products to reach 1-1.5 billion USD by 2025

In the second quarter of 2024, Vietnam experienced a notable increase in meat and meat product exports, with a 15.8% rise in volume and a 9.5% increase in value compared to the previous quarter, amounting to 25.95 million USD. The Asian region, particularly Hong Kong, was the primary market for these exports, which included a variety of meats and meat by-products. The Ministry of Agriculture and Rural Development is working towards increasing the export value of livestock products to 1-1.5 billion USD by 2025, despite facing challenges in meeting the strict export requirements set by various countries and organizations. Efforts are being made to expand export opportunities to countries like South Korea, China, Singapore, the EU, the UK, and Middle Eastern nations, with some progress already made in export licenses for dairy products and bird's nests.

Source: yenbaitv.org.vn In the second quarter of 2024, meat and meat product exports reached 25.95 million USD. According to preliminary statistics from the General Department of Customs, in the second quarter of 2024, Vietnam exported 6.19 thousand tons of meat and meat products, worth 25.95 million USD, up 15.8% in volume and 9.5% in value compared to the first quarter of 2024; compared to the second quarter of 2023, it increased by 36.3% in volume and 8.8% in value. Vietnam's meat and meat products are mainly exported to countries in the Asian region, of which the largest export is to the Hong Kong market (China), accounting for 41.59% in volume and 56.46% in value of the total export of meat and meat products of the country, with 2.57 thousand tons, worth 14.65 million USD, up 0.8% in volume, but down 6.5% in value compared to the first quarter of 2024; compared to the second quarter of 2023, it increased by 25% in volume and increased by 16.6% in value. Vietnam's meat and ...