Saturday, October 19,2019 - 14:33 GMT+7  Việt Nam EngLish 

Exports and imports of animal feed and materials in first seven months of 2019 

 Thursday, September 19,2019

AsemconnectVietnam - Vietnam’s exports and imports of animal feed and materials in July of 2019 both increased in volume and in value over the previous month and over the same month of last year.

However, the country’s total exports of animal feed and materials
Vietnam’s exports of animal feed and materials in July and first 7 months of 2019
According to the preliminary statistics figures from the General Department of Customs, in July of 2019, Vietnam's animal feed export turnover reached 71.71 million USD, up by 7.6 per cent compared to June of 2019. The figure brought the country’s total exports of animal feed and materials from the beginning of the year to the end of July of 2019 to 402.19 million USD, down by 4 per cent over the same period of 2018.
Southeast Asia was the main export market of animal feed and materials of Vietnam, accounting for 33.4 per cent of the proportion, reaching 134.36 million USD, up by 4.8 per cent over the same period last year. In July of 2019 alone, the figure increased by 16.76 per cent compared to June of 2019 and up by 30.17 per cent compared to July of 2018 to reach 22.63 million USD.

Among the leading export markets of animal feed and materials the exports to China reached the highest of 116.81 million USD in the first 7 months of 2019, but decreased by 12.38 per centcompared to the same period of 2018. In July of 2019, the exports of animal feed and materials to China reached 24.9 million USD, increased by 13.26 per cent compared to June of 2019 and by 2.81 per cent compared to July of 2018.
The next markets were Cambodia, Malaysia, and India. Accordingly, the exports to Cambodia increased by 7.15 per cent to 55.95 million USD, particularly in July of 2019, the figure reached 9.29 million USD, up by 17.96 per cent compared to June of 2019 and up by 33.72 per cent over July of 2018. Meanwhile, the exports to Malaysia increased by 10.52 per cent to 42 million USD; to India - decreased by 13.85 per cent with only 41.81 million USD and to Japan - increased by 30.64 per cent to 21.9 million USD.

In addition, Vietnam also exported animal feed and materials to other markets such as the US, Singapore and South Korea.
In general, in the first 7 months of 2019, the exports of animal feed and raw materials to most markets decreased, the number of these markets accounted for 53.84 per cent, of which the exports to South Korea fell the most by 23.74 per cent over the same period last year, equivalent to 12.59 million USD, although in July of 2019, the exports of animal feed and materials to South Korea increased by 44.96 per cent compared to June of 2018 and increased by 3.3 times (i.e. an increase of 126.03 per cent) compared to July of 2018 and reached 2.9 million USD.
In the opposite direction, the country’s exports of animal feed and materials to the Philippines market sharply increased by 27.31 per cent over the same period last year, though reaching only 13.73 million USD, particularly the figure was at 30.5 million USD in July of 2019, up by 12.17 per cent compared to June of 2019 and up by 38.64 per cent compared to July of 2018.

Vietnam’s imports of animal feed and materials July of 2019
Vietnam imported 323 million USD worth of animal feed and materials in July of this year, increased by 7.26 per cent over the previous month and by 39.58 per cent invalue over the same month of last year, showed the statistics figures of the General Department of Customs.
In July, Vietnam’s imports of animal feed and materials from Argentina reached 152 million USD, increased by 14.96 per cent compared with the previous month and increased sharply by 186.66 per cent over the same month of last year. The figure brought the country’s total imports of animal feed and materials from Argentina in the first 7 months of this year to over 853 million, accounted for 47 per cent of the total market share.

It was followed by the U.S with over 37 million USD in July, up by 8.24 per cent month – on – month and down by 23.38 per cent over the same month of last year. The figure brought the country’s total imports of animal feed and materials from the U.S in the first 7 months of this year to over 362 million USD, down by 1.92 per cent year – on – year.
Meanwhile, the imports animal feed and materials from Brazil reached over 13 million USD in July, up by 22.87 per cent month – on – month and by 96.74 per cent year – on – year. The total imports of animal feed and materials from Brazil in the first 7 months of this year reached over 141 million USD, decreased by 51.84 per cent year – on – year.

In the first 7 months of this year, Vietnam spent over 2.2 billion USD on importing animal feed and materials, down by 0.32 per cent over the same period last year.
In the period, the country’s imports of animal feed and materials from Canada reached 31.8 million USD, increased sharply by 168.12 per cent; from Australia 18.3 million USD, up by 113.4 per cent; from the Philippines – over 10 million USD, up by 30.12 per cent; and from Argentina – over 853 million USD, up by 21.94 per cent year – on – year.

Vietnam’s imports of feed materials in the first 7 months of 2019
Vietnam also imported wheat, corn, soybean; oil and grease as materials for producing animal feed and materials in the first 7 months of this year.
Wheat: Vietnam’s imports of wheat were estimated at 217,000 tons worth of 58 million USD in July and over 1,469,000 tons worth of over 409 million USD in the first 7 months of this year, decreased by 51.45 per cent in quantity and by 43.3 per cent in value compared with the same period of 2018.
The leading wheat import markets in the first 7 months of this year were Australia with the market share of 38 per cent; Canada – 21 per cent; Russia – 12 per cent; the U.S – 7 per cent; and Brazil – 6 per cent.
In the first 7 months of this year, the imports of wheat from Russia decreased by 88.34 per cent in quantity and by 85.76 per cent in value year – on - year, while the imports from the U.S decreased by 26.6 per cent in quantity and 26.68 per cent in value; and from Australia – down by 29.2 per cent in quantity and 22.32 per cent in value.

Meanwhile, the imports from Canada increased by 23.1 per cent in quantity and 24.97 per cent in value compared with the same period last year. However, the imports from Brazil increased sharply by 10.98 per cent in quantity and 41.36 per cent in value over the same period last year.
Soybean: Vietnam’s imports of soybean reached 68,000 tons worth of over 28 million USD in July and over 402,000 tons in the first 7 months of this year, decreased by 9.42 per cent in value compared with the same period of 2018.
Corn: The imports of corn reached over 763,000 tons worth of 153 million USD in July and over 5.3 million tons worth of over 1.1 billion USD in the first 7 months of this year, decreased by 1.83 per cent in quantity but increased by 0.4 per cent in value compared with the same period of 2018.
Argentina and Brazil were the leading corn import markets of Vietnam in the first 7 months of this year with 63 per cent and 34 per cent of the total market share, respectively.
CK
Source: VITIC

 

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