Vietnam to import 100,000 tones of meat in 2011

Vietnam will consume around 2.9 million tonnes of meat in 2011, 6.5-7 percent more than the previous year, says the Export-Import Department under the Ministry of Industry and Trade (MoIT).

To meet the domestic needs for all kinds of meet in 2011, the MoIT will have to import between 90,000-100,000 tonnes.

The Export-Import Department has attributed the big import volume to the negative impacts of natural disasters and epidemics on the domestic output of cattle and poultry products in 2010.

The outbreak of blue-ear pig disease in the third quarter in 2010 especially reduced the numbers of pigs in many localities, which greatly affected the domestic supply.

In addition, flash floods in central provinces also damaged animal husbandry operations.

According to market experts, the price of pork and products processed from pork is likely to increase. As the domestic supply is fully prepared, there will no strong increases in price and speculation in order to drive the price up. – VOV

Tags: Vietnam meat imports

Posted by VBN on Jan 18 2011. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry