Vietnam - Swine is largest livestock sector

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04-May-2010 (16 years 1 months 3 days ago)
Projections from the ministry’s livestock department suggest that on-farm pig numbers in Vietnam could rise from 33 million in 2008 to 57.6 million in 2020, taking the country’s annual pork production from 2.77 million to 4.12 million metric tons, as the demand for pork by Vietnamese consumers rises by 38% from 30.7 kilograms to 42.5 kilograms per person per year.

Livestock production is one of the fastest growing sub-sectors in Vietnam’s agriculture and is projected to account for about 42% of the agricultural yearly turnover by 2020. Based on a recent assessment, agriculture represents about 22% of the national GDP and more than 60% of employment. The livestock sub-sector supplies 27% of agriculture’s share of gross domestic product (about 6% of the total gross domestic product). Out of this, pig production is the most significant contributor—it provides about 71% of the total contribution to national income from all livestock sectors.