After the trade negotiations between the US and China went into a dead end, in response to the announcement on August 1, US President Donal Trump taxed 10% on all 300 billion USD of imported goods from China. , the Chinese side immediately retaliated by canceling the purchase of the largest US pork batch so far the volume reached approximately 15,000 tons.

Previously, China also canceled the purchase of lots of pork and other agricultural products from the US in response to US tax action. In the context of increasingly complicated US-China trade war, many experts worry that cheap pork from the US will divert to Vietnam in the near future with the price around only 1 USD / kg.

Listed price of pork products at Walmart US retail system.
According to the General Department of Customs, in the first 6 months of 2019, over 5,600 tons of pork were imported through Ho Chi Minh City Customs, equivalent to 10.3 million USD, increasing by nearly 4,800 tons and increasing. 8.1 million USD in turnover over the same period in 2018, equivalent to nearly 6 times increase. In which, the most imported from countries: Brazil 2,368 tons with a turnover of 4.39 million USD; US 874 tons turnover 1.75 million USD; Poland 848 tons is 1.41 million USD; Belgium 238 tons ...

Through the information we know, meat products imported to Vietnam via Phuoc Long, Cat Lai (Ho Chi Minh City) and Cai Mep (Ba Ria Vung Tau) ports have been diversified and rich in recent times. Many categories, different prices.

Specifically, pork tenderloin, Iberico brand pig cutlet (frozen, unprocessed) from France costs 16 EUR, equivalent to 417,000 VND / kg; Iberico pig filet meat (frozen, unprocessed) from France costs 14 EUR, equivalent to 385,000 VND / kg.

While filet meat, cutlet, fillet is very expensive, pork products, pig ears, pig tails from the US are very cheap, costing 1 USD / kg, equivalent to 23,238 VND / kg; cut legs from Australia cost 1 USD / kg, equivalent to 23,238 VND / kg; Frozen pork products with bone, Skiba pig ribs from Poland cost 1 USD / kg (Cai Mep Port, Ba Ria Vung Tau), equivalent to 23,238 VND / kg.

We entered the sales website of the two largest retail systems in the US, Walmart and 7 Eleven, and found that pork products with a list price ranged from 6-10 USD / kg on average. Specifically, boneless pork tenderloin is 4.88 USD / pound, country-style pork chops are 3.97 USD / pound, ribs pork is 2.74 USD / pound, Ribeye ribs are not bone 2.98 USD / pound ... ( 1 pound = 0.45kg).

Talking to us about why US pork price is so high that US pork export to Vietnam is quite cheap, Mr. Nguyen Xuan Duong, Acting Director of the Department of Livestock Production said that it could be due to meat classification on Pig and different consumer culture habits.

Accordingly, in the United States and Western countries, the tenderloin, three-pointed, and shoulder products are most expensive because according to them, these meat products contain less healthy cholesterol. Meanwhile, butt meat and rib products are slightly cheaper. The products of ear, leg, meat, trim, viscera are considered by-products, so the price is very cheap.

According to the General Department of Customs, in the first 6 months of 2019, over 5,600 tons of pork were imported through Ho Chi Minh City Customs, equivalent to 10.3 million USD, increasing by nearly 4,800 tons and increasing. 8.1 million USD in turnover over the same period in 2018, equivalent to nearly 6 times increase. In which, the most imported from countries: Brazil 2,368 tons with a turnover of 4.39 million USD; US 874 tons turnover 1.75 million USD; Poland 848 tons is 1.41 million USD; Belgium 238 tons ...

Through the information we know, meat products imported to Vietnam via Phuoc Long, Cat Lai (Ho Chi Minh City) and Cai Mep (Ba Ria Vung Tau) ports have been diversified and rich in recent times. Many categories, different prices.

Specifically, pork tenderloin, Iberico brand pig cutlet (frozen, unprocessed) from France costs 16 EUR, equivalent to 417,000 VND / kg; Iberico pig filet meat (frozen, unprocessed) from France costs 14 EUR, equivalent to 385,000 VND / kg.

While filet meat, cutlet, fillet is very expensive, pork products, pig ears, pig tails from the US are very cheap, costing 1 USD / kg, equivalent to 23,238 VND / kg; cut legs from Australia cost 1 USD / kg, equivalent to 23,238 VND / kg; Frozen pork products with bone, Skiba pig ribs from Poland cost 1 USD / kg (Cai Mep Port, Ba Ria Vung Tau), equivalent to 23,238 VND / kg.

We entered the sales website of the two largest retail systems in the US, Walmart and 7 Eleven, and found that pork products with a list price ranged from 6-10 USD / kg on average. Specifically, boneless pork tenderloin is 4.88 USD / pound, country-style pork chops are 3.97 USD / pound, ribs pork is 2.74 USD / pound, Ribeye ribs are not bone 2.98 USD / pound ... ( 1 pound = 0.45kg).

Talking to us about why US pork price is so high that US pork export to Vietnam is quite cheap, Mr. Nguyen Xuan Duong, Acting Director of the Department of Livestock Production said that it could be due to meat classification on Pig and different consumer culture habits.

Accordingly, in the United States and Western countries, the tenderloin, three-pointed, and shoulder products are most expensive because according to them, these meat products contain less healthy cholesterol. Meanwhile, butt meat and rib products are slightly cheaper. The products of ear, leg, meat, trim, viscera are considered by-products, so the price is very cheap.

Mr. Nguyen Xuan Duong admitted, it is true that in the first 6 months of 2019, the amount of pork imported to Vietnam increased sharply compared to the same period in 2018, reaching over 8,000 tons. But comparing the amount of 8,000 tons of imported pork with Vietnam's pork output of about 2 million tons is not a large figure, the impact of imported meat on the domestic pork market is not really true. clearly.

But in the long term, Acting Director of Livestock Department said that it is necessary to strengthen the quality control of imported pork when Vietnam opens its market more and more and now it is impossible to prohibit other goods from entering our country in the way of carrying on. Being a porter, the current experience from China is a valuable lesson for Vietnam.

According to Mr. Nguyen Xuan Duong, Vietnam needs to build technical barriers accordingly to limit a number of poor quality meat products, access to shelf life and products that may affect health. people, because if these foods are to be spilled, not only will they negatively affect domestic farmers, but consumers' health is also at risk.

(According to Vietnam Agriculture)