HANOI: Vietnam saw a year-on-year increase of 4.8 percent in livestock product export turnover to US$113 million in the first quarter, according the Ministry of Agriculture and Rural Development (MARD).
In a statement carried by Vietnam News Agency (VNA), Duong Tat Thang, Director of the Department of Livestock Production, said the export value reached $38.2 million from meat and edible meat offal and $36.8 million from milk and milk products.
However, import turnover of livestock products in the first quarter was estimated at about $702 million, down 6.7 percent compared to the same period in 2023, including $336 million from meat and edible meat offal, and $236 million from milk and milk products.
Vietnam also imported 518 pigs; 1,657 cows and 583,783 chickens.
In the first three months, the domestic livestock industry imported 4.85 million tonnes of animal feed ingredients worth $1.65 billion, an increase of 6.4 percent in volume but a decrease of 12.3 percent in value compared to the same period last
year.
Source: Emirates News Agency