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.