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Vietnam’s imports of animal feed increased sharply 

 Tuesday, April 18,2017

AsemconnectVietnam - Vietnam’s imported US$ 288 million worth of animal feed in March of this year, down by 18.65 per cent over the previous month but up by 10.11 per cent over the same month of last year, showed the statistics figures of the General Department of Customs.

In the first quarter of this year, Vietnam spent nearly $ 900 million importing animal feed and materials, increased sharply by 33.36 per cent over the same period last year.
The country’s imports of animal feed and materials from Italy rocketed by 572.06 per cent to over $ 21 million in the first quarter; from the Philippines – up by 218.04 per cent to over $ 6 million; from Canada – up by 164.74 per cent to over $ 6 million; and from Chile – up by 110.65 per cent to nearly $ 3 million.
Argentina was leading the list of the country’s major import markets of animal feed and materials in March with the import value of $ 122 million, down by 35.9 per cent month – on – month but up by 11.55 per cent year – on – year. The total imports of animal feed and materials from Argentina in the first quarter of this year hit over $ 410 million, accounted for 45.7 per cent of the total and increased by 38.1 per cent over the same period last year.
China ranked second with the import value of over $ 17 million in March and over $ 38 million in the first quarter of this year, down by 5.14 per cent year – on – year.
India ranked third with over $ 14 million in March and over $ 40 million in the first quarter of this year, up by 76.02 per cent over the same quarter of 2016.
The other markets were the U.S, Austria, Indonesia, the U.A.E and Italy with the import value of $ 104 million; $ 27.9 million; $27 million; $ 26 million and $ 21 million, respectively.
Vietnam’s import markets of animal feed and materials in March and the first quarter of 2017 - Unit: thousand USD – source: the General Department of Customs
 
March of 2016
March of 2017
First 3 months of 2017
March of 2017 vs. February of 2017 (%)
March of 2017 vs. March of 2016 (%)
First 3 months of 2017 vs. same period of 2016 (%)
Total
674,622
288,616
899,689
-18.7
10.1
33.4
Argentina
297,491
122,451
410,833
-35.9
11.6
38.1
India
23,065
14,621
40,599
4.1
95.4
76.0
The U.K
358
174
517
-46.6
160.2
44.3
Austria
34,169
8,435
27,899
-26.1
-11
-18.4
Belgium
2,631
1,266
4,178
-26.3
26.1
58.8
Brazil
34,576
3,001
9,347
-8.42
-89.0
-73
The U.A.E
15,300
11,720
26,435
27.09
58.5
72.8
Canada
2,347
3,064
6,215
31.93
181.1
164.7
Chile
1,341
950
2,824
-12.37
614.3
110.7
Taiwan
12,559
5,782
14,377
42.33
0.4
14.5
Germany
1,084
644
1,982
-18.75
28.2
82.7
The Netherlands
5,885
2,070
7,464
-11.97
-33.2
26.8
South Korea
7,691
3,880
7,908
103.23
11.8
2.8
The U.S
78,392
9,146
104,602
-74.65
-59.0
33.4
Indonesia
16,619
10,049
27,107
19.99
14.2
63.1
Italy
3,189
8,971
21,433
13.2
1.044.5
572.1
Malaysia
7,065
4,101
7,940
115.4
41.3
12.4
Mexico
525
487
598
 
328.9
13.9
Japan
1,563
1,068
1,827
195.7
175.5
16.8
Australia
3,558
2,059
5,186
14
6.1
45.8
France
4,332
2,608
7,387
2.5
46.1
70.5
The Philippines
2,059
1,242
6,549
-71.9
52.1
218.
Singapore
4,082
1,958
4,655
18.8
25.3
14.1
Spain
5,915
1,182
4,421
-25.5
-49
-25.3
Thailand
21,165
7,856
19,945
32.8
-30.4
-5.8
China
40,569
17,829
38,484
87.6
27.8
-5.1
Vietnam’s imports of feed materials in the first quarter of 2017source: the General Department of Customs
Item
First quarter of 2016
First quarter of 2017
Comparison
Quantity (1,000 tons)
Value (1,000 US$)
Quantity (1,000 tons)
Value (1,000 US$)
Quantity (%)
Value (%)
Wheat
853
194,091
1,493
299,924
75.1
54.5
Corn
2,088
414,240
1,477
306,881
- 29.3
- 25.9
Soybean
321
129,382
137
61,913
- 57.4
- 52.2
Oil and grease
 
137,181
 
183,947
 
34.1
CK
Source: VITIC

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