Wheat imports up
Tuesday, September 30,2014AsemconnectVietnam - Vietnam imported 1,186,924 tons of wheat worth of US$ 444,493,559 in the first eight months of this year, up by 33.26 per cent in volume and 19.98 per cent in value over the same period last year, according to the statistics figures.
In the first eight months of the year, the country imported wheat from Australia, the U.S, Canada, India and Austria, leading by Australia with 1,049,853 tons worth of $ 336,540,210, increased by 29.27 per cent in volume and 16.19 per cent in value year – on – year, and accounted for 77 per cent of the total.
The U.S ranked second with 155,378 tons worth of $ 52,890,541, rose sharply by 152.27 per cent in volume and 129.1 per cent in value over the same period of 2013.
The country’s import of wheat from Canada decreased by 37.39 per cent in volume and 44.41 per cent in value year – on – year.
The world total wheat production in 2014/2015 crop year is expected to reach 705.17 million, down by 8.83 million tons compared with the previous crop year as unfavorable weather. The world wheat consumption is expected to hit 699.92 million tons.
Vietnam’s wheat import in the first 8 months of 2014 – Source: The General Department of Customs
Market |
First 8 months of 2013
|
First 8 months of 2014
|
Comparison (%)
|
|||
|
Volume
|
Value (US$)
|
Volume
|
Value (US$)
|
Volume
|
Value
|
Total
|
1,040,779
|
370,461,070
|
1,386,924
|
444,493,559
|
+33.26
|
+19.98
|
Australia
|
812,162
|
289,653,105
|
1,049,853
|
336,540,210
|
+29.27
|
+16.19
|
The U.S
|
61,568
|
23,086,179
|
155,378
|
52,890,541
|
+152.37
|
+129.1
|
India
|
|
|
477,21
|
14,617,213
|
|
|
Canada
|
48,318
|
18,634,649
|
30,250
|
10,359,468
|
-37.39
|
-44.41
|
Austria
|
|
|
1,900
|
560,500
|
|
|
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