Exports of animal feed and materials in first nine months
Saturday, November 9,2019AsemconnectVietnam - In September 2019, Vietnam’s exports of animal feed and raw materials continued to decline compared to August of 2019, down by 20.2 per cent, equivalent to 50.7 million USD - this was the second consecutive month of decline.
Cambodian market accounted for 14.39 per cent of the proportion and reached 74.36 million USD, up by 6.45 per cent over the same period last year. In September of 2019 alone, the exports to Cambodia reached 9.61 million USD, up by 9.12 per cent compared to August of 2019 but down by 3.96 per cent compared to September of 2018.
In general, in the first 9 months of this year, the country’s exports of animal feed and raw materials to almost all markets have been growing. In particular, during this period, Japan strongly increased its imports of animal feed and raw materials from Vietnam, although the turnover only reached 26.98 million USD, but compared with the same period last year, it surged by 22.94 per cent, particularly in September of 2019, Vietnam exported to Japan 2.62 million USD worth of animal feed and materials, an increase of 6.28 per cent compared to August of 2019 and an increase of 0.84 per cent compared to September of 2018.
In contrast, Thailand’s imports of animal feed and materials from Vietnam decreased by 26.53 per cent, to 16.37 million USD, particularly in September of 2019, Thailand imported from Vietnam 1.24 million USD worth of animal feed and materials, up by 16.58 per cent compared to August of 2019 but down by 11.92 per cent compared to September of 2019.
Market
|
September of 2019 (USD)
|
+/- vs. August of 2019 (%)
|
First 9 months of 2019 (USD)
|
+/- vs. same period of 2018 (%)
|
China
|
9,112,700
|
-45.47
|
142,634,868
|
-17.11
|
Cambodia
|
9,615,990
|
9.12
|
74,363,079
|
6.45
|
Malaysia
|
6,918,459
|
-5.77
|
56,288,481
|
10.92
|
India
|
3,418,579
|
-19.73
|
49,495,195
|
-11.13
|
The U.S
|
4,535,903
|
-5.64
|
30,779,932
|
2.35
|
Japan
|
2,621,651
|
6.28
|
26,984,172
|
22.94
|
Taiwan
|
2,248,781
|
-19.44
|
20,478,957
|
-10.19
|
The Philippines
|
2,247,530
|
-6.4
|
18,388,461
|
7.43
|
South Korea
|
1,632,967
|
-49.76
|
17,479,450
|
-24.38
|
Thailand
|
1,242,938
|
16.58
|
16,377,206
|
-26.53
|
Bangladesh
|
281,833
|
18.32
|
10,548,028
|
5.16
|
Indonesia
|
786,745
|
-62.1
|
9,518,294
|
4.96
|
Singapore
|
278,469
|
-2.27
|
2,485,691
|
-3.99
|
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