According to preliminary statistics from the General Department of Customs, Vietnam's animal feed and raw materials exports will reach nearly 1.04 billion USD in 2024, down 13.2% compared to 2023.
China is the largest export market for Vietnam's animal feed and raw materials, accounting for 40.8% of the country's turnover of these exports. In 2024, animal feed and raw material exports to China will reach over 423.17 million USD, down 26.7% compared to 2023.
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This is followed by the U.S. market reaching nearly 129.36 million USD, up 42.9%, accounting for 12.5%; Cambodia reaching 126.5 million USD, down 24.1%, accounting for 12.2%; and Malaysia reaching 101.11 million USD, down 14.2%, accounting for 9.7%.
February 4, 2025/ Vietnam Industry and Trade Information Center - Ministry of Industry and Trade (VITIC)/ Vietnam.
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