Milk and dairy imports inch up by nearly 1.6%

VOV.VN - Vietnam’s imports of milk and dairy products rose by 1.59% to US$865.4 million in 2017, according to the General Department of Vietnam Customs.

In December alone, dairy imports hit US$78.3 million, an increase of 14.2% over November’s figures. It marked the third consecutive month of import growth.

For 2017, Vietnam’s largest supplier of milk and dairy products was New Zealand at a value of US$232.8 million (up 26.18%), trailed by Singapore at US$122.4 million (down 13.44%), and the US at US$67.7 million (down 4.33%).

In general, most import markets reported a decline in value last year. It is noteworthy that imports from Belgium doubled compared to previous years, to US$5.4 million. However, imports from Ireland dropped sharply by 48.89% to US$23 million.
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