Russia becomes largest pork supplier to Vietnamese market
Russia earned 130.5 million USD from exporting 63,500 tonnes of pork and viscera to Vietnam in 2020, equivalent to 25 percent of Vietnamese pork imports, thereby becoming the largest pork supplier to the Southeast Asian nation.
Moscow (VNA) – Russia earned 130.5 million USD from exporting 63,500 tonnes of pork and viscera to Vietnam in 2020, equivalent to 25 percent ofVietnamese pork imports, thereby becoming the largest pork supplier tothe Southeast Asian nation.
Vietnam’s total import volume of pork last year rose 44 percent to 270,000 tonnes.
The Ministry of Agriculture of Russiahas said that the export of meat and meat products has so far not impacted food prices in Russia.
The Russian ministry said that pork prices will not increase in 2021 thanks to abundant domestic supply and reduced breeding cost.
To meet the high domestic demand for meat, Vietnam has been importing other types of meat along with pork.
In 2019, the spread of African swine fever throughout Asia caused declines of 11.5 percent and 12 percent in terms of the number of cattle and pork output, respectively./.
The COVID-19 pandemic has impacted economies and commodity markets globally, including Vietnam, and domestic prices will continue to fluctuate and be more closely linked to the fluctuations of raw material and fuel prices on the world market.
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Illustrative image (Source: wattagnet.com) 
