According to statistics of General Department of Customs, our country's export of animal feed and raw materials has officially increased. Club import export billion USD to date. Specifically, in October 2023, exports of this product reached more than 117 million USD, a sharp increase of 15% compared to the previous month.

Overall, in the first 10 months of the year, this product brought Vietnam 1.01 billion USD, an increase of 6.5% over the same period in 2022, ranking 8th out of 11 products recording positive growth until 2020. end of October.

In October 2023, exports of animal feed and raw materials reached more than 117 million USD, a sharp increase of 15% compared to the previous month.

Regarding the market, China is the largest market for animal feed and raw materials with turnover continuously increasing in recent times. Specifically, in October, exports of this product to the Chinese market reached more than 60.4 million USD, an increase of 31.4% compared to the previous month.

Accumulated in the first 10 months of the year, exporting animal feed and raw materials to the billion-dollar market earned more than 496 million USD, a sharp increase of 35% over the same period in 2022, accounting for half of the total export turnover. of Vietnam.

The second largest export market for this product group is Cambodia. In the first 10 months of the year, Cambodia spent more than 143 million USD on imports, a slight increase of 2% over the same period in 2022.

Malaysia ranked third with more than 99 million USD, up 33.7% over the same period last year.

In 2022, Vietnam exports animal feed and raw materials to reach 1.1 billion USD, down slightly compared to 2021. Export turnover to the Chinese market in 2022 reaches 444 million USD, up 17% over the year. 2021, accounting for 39% of Vietnam's total export turnover of this product group.