Vietnam spends over 4 billion USD on meat, fishery imports in eight months

Imports of meat and meat products reached more than 1.918 billion USD during the January–August period, up 26.3% from the same period last year, while fishery imports stood at 2.13 billion USD, down slightly by 1%.

A consumer buys meat at a supermarket. (Photo: VNA)
A consumer buys meat at a supermarket. (Photo: VNA)

Hanoi (VNA) – Vietnam spent more than 4 billion USD importing meat, meat products and fishery products in the first eight months of 2026, with meat imports rising 26.3% year on year, according to the Customs Department.

Imports of meat and meat products reached more than 1.918 billion USD during the January–August period, up 26.3% from the same period last year, while fishery imports stood at 2.13 billion USD, down slightly by 1%.

Total spending on imports of the two groups therefore exceeded 4 billion USD after eight months.

India remained Vietnam's largest supplier of meat and meat products, accounting for 20.29% of the latter's total import volume. Imports from this market reached 120,800 tonnes worth 521.28 million USD, up 26.5% in volume and 55.8% in value year on year.

Imports of meat and meat products also increased in both volume and value from several other suppliers, including the US, Brazil, Spain, Canada, Germany, Türkiye, Japan and New Zealand.

Meanwhile, imports from Russia, the Republic of Korea, Poland, the Netherlands and Italy declined in both volume and value compared with the same period in 2025.

Vietnam mainly purchases poultry, pork, buffalo and beef, along with various edible offal products.

Based on complete data for the first seven months of the year, fresh, chilled or frozen poultry meat and edible offal accounted for 36.49% of Vietnam's total meat import volume, making it the largest category.

Fresh and frozen buffalo meat accounted for 18.89% of import volume and 29.28% of import value, while fresh, chilled or frozen pork made up 18.82% and 10.9%, respectively. Edible offal from pigs, buffaloes and cows accounted for 14.73% of volume and 7.03% of value. Fresh, chilled or frozen beef represented 5.85% of volume and 13.78% of value.

Other meat products accounted for 5.22% of import volume but 26.01% of total import value, statistics show.

In particular, Vietnam imported 112,000 tonnes of fresh, chilled or frozen pork worth 185.5 million USD, up 27.1% in volume but down 20.9% in value year on year. The average import price stood at 1,638 USD per tonne, down 38.4% from the same period last year.

The country's spending on meat imports in the first eight months of this year was nearly equivalent to the full-year figure for 2025, and far exceeded the 1.43 billion USD recorded in 2023 and nearly 1.8 billion USD in 2024.

In 2025, Vietnam imported 978,000 tonnes of meat worth more than 2 billion USD, representing increases of 11.6% in volume and 12.2% in value from 2024, reported the Customs Department.

With 17 free trade agreements currently in force, import tariffs on many meat products have fallen to zero, creating favourable conditions for imports. Exporters from the EU, India, Poland and other markets continue to view Vietnam as a promising destination.

However, the growing volume of imported meat is also putting considerable competitive pressure on domestic suppliers./.​

VNA

See more

At the working session (Photo: VNA)

Can Tho, Guangxi seek collaboration in logistics, supply chains

Chinese investors now back 35 projects in Can Tho with registered capital of nearly 1.2 billion USD. In the first seven months of 2026, Can Tho’s exports to China hit 77.5 million USD, while imports stood at 64.7 million USD. Key exports included rice, seafood, farm produce, processed agricultural products and apparel while main imports comprised agricultural chemicals, veterinary medicines, fertilisers, chemicals, fabrics and other materials and inputs.

Vietnamese Minister of Finance Ngo Van Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, Russia move to boost financial cooperation

On bilateral economic, trade and investment ties, Tuan said two-way trade hit 3.24 billion USD in the first seven months of 2026, up 12% from a year earlier. Vietnam’s exports to Russia totaled 1.33 billion USD, while imports amounted to 1.91 billion USD.

Cai Mep - Thi Vai Port complex in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City seeks to make seaports new growth driver

To maximise its seaport advantages, Ho Chi Minh City is developing smart and green ports while promoting clean energy, lower emissions and sustainable supply chains. It aims to establish an integrated ecosystem linking seaports with industrial parks, logistics centres, free trade zones, multimodal transport networks and an international financial centre.

Farmers visit the off-season durian orchard of Cao Chi Dai in Vinh Hanh commune, An Giang province (Photo: VNA)

Vietnam promotes finance for green agriculture

Over the past five years, Vietnam has developed and gradually implemented a green finance system to support low-emission and environmentally friendly production, including agriculture. Based on the State Bank of Vietnam's Directive No. 03/CT-NHNN dated March 24, 2015, banks including BIDV, VCB, HDBank and Agribank have introduced green credit packages for waste treatment, high-tech agriculture, digital transformation, regional linkages and emission reduction across production chains.

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.