Import markets of meat and meat products of Vietnam increased sharply such as Australia increased by 94%, India increased by 158.5%, USA increased by 88%, Thailand increased by 70.5% and Canada increased by 14 times.
Data from the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development) shows that the value of imported livestock (meat and meat products) in April 2020 is estimated at US $ 364 million, bringing The import value of livestock products in the first 4 months of 2020 is estimated to reach 1.36 billion USD, up 17.6% over the same period in 2019.
In the first 3 months of the year, import value of livestock products reached US $ 999.7 million, up 22.2% compared to the first 3 months of 2019.
Five markets importing meat and meat products of Vietnam are Australia, India, USA, Thailand and Canada with the value of USD 170.4 million, up 94% over the same period in 2019; 79 million USD (up 158.8%); 78.6 million USD (up over 88%); 49.3 million USD (up 70.5%) and 22.3 million USD (14 times higher).
Compared to the same period in 2019, the largest import value of live buffaloes and cows reached 204.4 million USD, up 102.8%; frozen beef gained 115.9 million USD, up 88.5%; frozen meat and by-products of frozen chickens reached US $ 79.8 million, up 50.7%; meat stale US $ 39.7 million of frozen products, up by 444.5%.
On the world futures market, prices stale Lean delivery in May 5/202020 Chicago market, US fluctuations decreased in the past month with a reduction of 5.75 UScent / lb to 47,225 UScent / lb (equivalent to 24,094 VND / kg).
In the opposite direction, the export value of livestock products in April 2020 is estimated at US $ 41 million, bringing the export value of livestock products in the first 4 months of 2020 to reach US $ 150 million, down 23.8%. compared to the same period in 2019.
