Vietnam’s imports of milk and milk products reached US$126.52 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 13.59 percent compared to April, bringing the year-to-date (YTD) import value to US$578.95 million.
New Zealand leads despite a decline, while USA and Australia show growth:
New Zealand remained the primary source for milk and milk product imports, with a May value of US$30.85 million. This signifies a decrease of 12.59 percent from April, but New Zealand still accounts for a substantial 33.12 percent of the total year-to-date imports. The USA and Australia, conversely, saw their imports increase by 17.91 percent and 16.52 percent respectively.
Extraordinary month-on-month surges from various markets:
Several countries exhibited remarkable month-on-month growth in May, often from lower bases:
- Ireland recorded an astonishing surge of 500.21 percent, reaching US$8.00 million.
- Thailand imports jumped by 104.56 percent.
- Singapore imports surged by 121.67 percent.
- Spain saw a substantial increase of 134.20 percent.
- Netherlands imports grew by 80.38 percent.
- Lithuania recorded a rise of 45.30 percent.
- Belgium and Malaysia also showed strong increases.
- Armenia and Philippines emerged as new suppliers in May after having no imports in April.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- France saw a sharp drop of 37.93 percent.
- Germany imports decreased by 18.64 percent.
- Poland imports fell by 16.36 percent.
- Denmark and Japan also experienced notable decreases.
The overall strong increase in May’s milk and milk product imports indicates a rising demand in Vietnam, with New Zealand retaining its lead despite a slight dip, while a diverse set of new and growing suppliers contribute significantly to the market.
See also: Vietnam Dairy Market 2025: Imports, Production, Trends
Vietnam imports of milk and milk products, May 2025, US$ millions
| May | April | MoM | YTD | % of YTD | |
| Total | 126.52 | 111.38 | 13.59% | 578.95 | 100.00% |
| Other | 9.11 | 9.45 | -3.66% | 0.00 | 0.00% |
| New Zealand | 30.85 | 35.29 | -12.59% | 191.72 | 33.12% |
| USA | 11.68 | 9.91 | 17.91% | 40.99 | 7.08% |
| Australia | 9.62 | 8.26 | 16.52% | 58.03 | 10.02% |
| Ireland | 8.00 | 1.33 | 500.21% | 32.22 | 5.57% |
| Thailand | 7.59 | 3.71 | 104.56% | 28.41 | 4.91% |
| Germany | 7.22 | 8.87 | -18.64% | 26.92 | 4.65% |
| Singapore | 7.11 | 3.21 | 121.67% | 23.69 | 4.09% |
| Malaysia | 6.33 | 4.79 | 32.16% | 23.54 | 4.07% |
| Netherlands | 6.25 | 3.46 | 80.38% | 19.83 | 3.43% |
| Belgium | 4.63 | 3.29 | 40.99% | 14.12 | 2.44% |
| France | 4.22 | 6.80 | -37.93% | 18.72 | 3.23% |
| Japan | 3.01 | 3.49 | -13.72% | 16.39 | 2.83% |
| Poland | 2.66 | 3.18 | -16.36% | 9.73 | 1.68% |
| Switzerland | 2.34 | 2.25 | 4.23% | 10.46 | 1.81% |
| South Korea | 2.12 | 1.73 | 22.08% | 11.61 | 2.01% |
| Spain | 1.93 | 0.82 | 134.20% | 5.25 | 0.91% |
| Lithuania | 1.33 | 0.91 | 45.30% | 3.05 | 0.53% |
| Denmark | 0.52 | 0.62 | -14.97% | 2.66 | 0.46% |
| Armenia | 0.00 | 0.00 | 0.00% | 0.02 | 0.00% |
| Philippines | 0.00 | 0.00 | 0.00% | 0.09 | 0.02% |