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According to preliminary statistics from the General Department of Customs, imports of animal feed and raw materials to Vietnam in June 2024 decreased by 4% compared to May 2024 but increased by 4.5% compared to June 2023, reaching 423.75 million USD.
Overall, in the first 6 months of 2024, imports of this product group reached over 2.56 billion USD, an increase of 9.6% compared to the first 6 months of 2023.
The largest import of animal feed and raw materials is from the Argentine market, accounting for 28% of the country's total import turnover of this product group, reaching nearly 717.79 million USD, an increase of 21% compared to the first 6 months of 2023.
Ranked second is the United States market, accounting for 22.8%, reaching 582.96 million USD, a sharp increase of 69.6% over the same period in 2023.
Next is the Brazilian market, in the first 6 months of 2024 imports from this market reached over 371.76 million USD, accounting for 14.5% of total turnover, an increase of 15.2% compared to the first 6 months of 2023.
July 17, 2024/ Industry and Trade Information Center - Ministry of Industry and Trade (VITIC)/ Vietnam.
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