AsemconnectVietnam - According to the preliminary statistics figures of the General Department of Customs, Vietnam’s export turnover of animal feed in the first 7 months of 2023 reached 652.98 million USD, down by 5.3% compared to 7 months of 2022.

The exports of animal feed to China - the largest market, in July of 2023 increased by 48% compared to June of 2023 and increased by 150.3% compared to July of 2022, reaching 71.62 million USD. In general, the export turnover of animal feed to this market in the first seven months of 2023 reached 312.49 million USD, up by 12.9% compared to the first seven months of 2022, accounting for 47.8% of the country's total export turnover of this commodity group.
The exports of animal feed to Cambodia market - the second largest market in 7 months of 2023 increased by 4.8% over the same period last year, reaching 101.61 million USD, accounting for 15.6% of the total turnover. In July of 2023 alone, the figure decreased by 48.2% compared to June of 2023 and decreased by 5.2% compared to July of 2022, reaching 17.84 million USD.
The Malaysian market ranked third in terms of turnover, reaching 62.46 million USD, up by 31.3% over the same period last year. In July of 2023 alone, the figure increased by 22.8% compared to June of 2023 and increased by 37.6% compared to July of 2022, reaching 10.8 million USD.
The exports of animal feed to the FTA-RCEP market in the first seven months of 2023 increased by 5.2% over the same period, reaching 5444.26 million USD, accounting for 83.4% of the total turnover while the exports to the CPTTP market increased by 4.5% over the same period last year, reaching 76.74 million USD, accounting for 11.8% of the total turnover. The exports to the Southeast Asian market increased slightly by 0.6% over the same period last year, reaching 202.75 million USD, accounting for 31% of the total.
CK
Source: VITIC