Dairy imports surge 23% during first 11 months of 2025
VOV.VN - Vietnam spent US$1.27 billion on importing milk and dairy products over the past 11 months, marking a year-on-year increase of 23%, reported Vietnam Customs.
Customs data show that dairy imports in November alone amounted to US$105.51 million, rising 3.2% from October and 3.3% a year earlier.
During January-November period, New Zealand, the United States, Australia, Ireland, and Germany were the largest suppliers of milk and dairy products to Vietnam. Imports from New Zealand were the highest, totaling US$374.2 million, accounting for 29.5% of Vietnam’s total dairy import value and surging 43.8% year on year.
Imports from Australia rose 3.9% year on year to US$110.14 million, while shipments from the United States fell by 5.3% to US$110.07 million. Imports from Germany saw particularly strong growth, increasing 58.4% to US$73.49 million.
Vietnam’s milk and dairy product imports from Southeast Asian countries contributed US$160.3 million, marking 3.3% year on year increase.
Besides domestic businesses boosted exports, led by Vietnam Dairy Products Joint Stock Company (Vinamilk), the largest company in the dairy industry, with the export turnover exceeding US$3.5 billion to date.
According to market research firm Mordor Intelligence, Vietnam’s dairy industry is among the fastest-growing food and beverage markets in Southeast Asia, valued at US$4.2 billion in 2024 and projected to grow at a compound annual growth rate of 8.65% through 2029.
Local dairy products make foray into 56 countries and territories globally
VOV.VN - Vietnam’s milk export turnover has consistently seen annual growth in recent years, reaching roughly US$300 million, with the milk export market expanded to nearly 56 countries and territories globally, according to the Vietnam Dairy Association (VDA).
