Vietnam’s imports of milk and milk products fell by 20.83 percent in September over August from US$108.9 million to US$86.2 million. Vietnam’s milk and milk products imports for the year now stand at US$830.4 million which represents a decline of 4 percent over the same period last year.

Of note:

New Zealand, the largest supplier, saw an 18.78 percent decrease in imports, with US$19.97 million recorded in September.
The USA experienced a steep decline, with a 33.50 percent drop in imports, amounting to US$7.98 million.
Australia’s dairy imports fell by 49.88 percent, bringing in US$7.19 million for September.
Conversely, Spain and Belgium showed notable growth, with Spain up by 19.18 percent and Belgium posting a 61 percent increase. Other smaller suppliers, like Lithuania, also saw increases, up 20.41 percent.

Vietnam dairy imports by country, September 2024

	September	August	Change	YTD
Total	86,183,247	108,856,845	-20.83%	830,358,244
New Zealand	19,971,342	24,588,491	-18.78%	211,799,796
USA	7,983,426	12,005,239	-33.50%	99,154,430
Australia	7,193,238	14,351,293	-49.88%	88,917,345
Other	7,135,218	6,230,903	14.51%	53,922,211
Malaysia	5,927,460	6,173,468	-3.98%	46,182,901
Thailand	3,828,937	6,421,298	-40.37%	41,885,250
Japan	2,201,940	5,527,613	-60.16%	37,993,084
Singapore	5,686,744	5,746,396	-1.04%	37,325,160
Ireland	3,816,071	4,577,518	-16.63%	36,376,798
France	5,192,997	4,738,322	9.60%	35,714,560
Germany	4,839,963	4,741,630	2.07%	35,157,421
Netherlands	4,645,795	5,025,933	-7.56%	28,873,956
Poland	1,858,098	2,919,290	-36.35%	21,132,048
Switzerland	1,845,909	1,893,212	-2.50%	16,597,838
South Korea	2,026,866	2,041,291	-0.71%	14,536,937
Spain	996,692	836,288	19.18%	8,062,703
Belgium	383,412	238,143	61.00%	6,475,690
Lithuania	375,706	312,014	20.41%	5,942,851
Denmark	273,433	488,503	-44.03%	4,037,943
Philippines	0	0	0.00%	235,872
Armenia	0	0	0.00%	33,450

Source: Vietnam Exports Tracker

dairy, food and beverage, vietnam

Vietnam dairy imports fall 21 percent September over August

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