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Assess the impact of the CPTPP commitments on livestock products
Livestock products, including meat, eggs, milk, honey, etc., are one of the main agricultural export groups of Viet Nam. Commitments on preferential import tariff that CPTPP member countries grant to Vietnam's export livestock products are shown in the following table:
Livestock products, including meat, eggs, milk, honey, etc., are one of the main agricultural export groups of Viet Nam. Commitments on preferential import tariff that CPTPP member countries grant to Vietnam's export livestock products are shown in the following table:
Livestock products, including meat, eggs, milk, honey, etc., are one of the main agricultural export groups of Viet Nam.
Commitments on preferential import tariff that CPTPP member countries grant to Vietnam's export livestock products are shown in the following table:
Products | Canada | Mexico | Japan | Australia | New Zealand | Peru | Singapore | Chile | Malaysia | Brunei | Viet Nam |
|---|---|---|---|---|---|---|---|---|---|---|---|
Meat and meat products | - Most live animal products: EIF (some tariff lines are applied tariff quotas or eliminated after a maximum of 11 years). - Fresh or processed meat products: apply tariff quotas or eliminate tariff after 6 to 11 year | - Most tariff lines: EIF - Some types of turkey meat, fresh cattle, poultry, birds, by-products...: Tariff elimination after 5 to 15 years | - More than 30% of tariff lines: EIF - Remaining tariff lines: Reducing or eliminating tariffs after 2 to 16 years | EIF | EIF (except for frozen pork, whose tariff will be eliminated after 2 years) | - All live animal products, some meat products: EIF. - Remaining tariff lines: Eliminate tariffs after 6 to 16 years | EIF | EIF | Most tariffs will be eliminated as soon as the Agreement comes into force (except for 6 tariff lines on frozen or chilled pork and chicken that apply tariff quotas). | EIF | Fresh/chilled beef: eliminated after 3 years. Fresh/chilled/frozen pork: eliminated after 8 to 10 years Chicken meat: eliminate tariffs for up to 13 years. |
Honey | EIF | EIF | EIF | EIF | EIF | EIF | EIF | EIF | EIF | EIF | EIF |
Milk and milk products | EIF or tariff quotas | Tariff quotas or tariff elimination after 15 years | Tariff quotas or tariff elimination after 16 years | EIF | EIF | Tariff quotas or tariff elimination after 11 years | EIF | EIF | EIF or tariff quotas | EIF | Tariff quotas or tariff elimination after 5 years |
Note: EIF: Tariffs will be eliminated when the Agreement entries into force
In general, Viet Nam's livestock industry is forecasted to be lightly affected by joining the CPTPP because the current tariffs of countries on livestock products are not high, thus lowering tariff barriers has not had much impact on the increase of exports. It even reduces exports due to the weak competitiveness of our country's livestock industry, especially dairy products. According to calculations of Ministry of Planning and Investment, by 2030, exports of live animal products and dairy products will decrease by 2.56% and 0.24%, respectively, while imports will increase by 1.75% and 8.3%, respectively. For intra-CPTPP trade, exports of live animals are expected to decrease by 12.7%, while imports are forecast to increase by 4%. It is forecast that dairy product imports from CPTPP member countries will increase sharply (23.5 percent), while exports will decline sharply (13 percent).
According to statistics for the period of 2019 - 2021, Vietnam's livestock exports to the markets of CPTPP countries did not shown a clear growth, except for the market which our country has an FTA for the first time like Canada.
For meat products, meat exports from Vietnam to Canada increased by 153.11% in the period 2020 - 2021, from 516.2 thousand USD in 2020 to 1.3 million USD in 2021. In traditional markets like Singapore, meat exports dropped sharply from 2.3 million USD to 200 thousand USD in 2021. In the Japanese market, meat exports from Viet Nam increase from 378.1 thousand USD in 2020 to 757.3 thousand USD in 2021.
Honey exports to Canada increased by nearly 400% in the period of 2019 - 2020 from 207.98 thousand USD in 2019 to 1.01 million USD in 2020. Honey export turnover to Japan also increased from 128.3 thousand USD in 2020 to 1.24 million USD in 2021.
