According to preliminary statistics of the General Department of Customs , imports of animal feed and raw materials to Vietnam in September 2023 decreased by 23.5% compared to August 2023 but increased by 2.1%. compared to September 2022, reaching 420.11 million USD.

Which markets does Vietnam import animal feed from?

Overall, in the first 9 months of 2023, imports of this product group reached over 3.82 billion USD, down 6.9% over the same period in 2022.

Vietnam imports the most animal feed and raw materials from the Argentine market, accounting for 28.7% of the country's total import turnover of this product group, reaching over nearly 1.1 billion USD, down 12.6%. compared to the same period in 2022; Of which, September 2023 alone reached 115.98 million USD, a sharp decrease of 50.6% compared to August 2023 and a decrease of 28% compared to September 2022.

Ranked second is the Brazilian market, accounting for 17.9%, reaching nearly 683.42 million USD, down 17.8% over the same period; In September 2023 alone, imports from this market reached 123.13 million USD, a sharp increase of 38.5% compared to August 2023 and an increase of 91.6% compared to September 2022.

Next to the US market in September 2023, imports decreased by 2.4% compared to August 2023 but increased by 17.7% compared to September 2022, reaching 57.98 million USD; In total, for the whole 9 months of 2023, imports from this market will increase by 5.8% over the same period in 2022; reaching 534.97 million USD, accounting for 14% of total turnover.

Imports of animal feed and raw materials from the EU market in the first 9 months of 2023 decreased by 39.7% compared to the first 9 months of 2022, reaching 214.83 million USD.

Imports from the Southeast Asian market decreased by 17.3%, reaching 230.47 million USD.