Trade News

  • Vietnam’s imports of animal feed increased sharply

  • Tuesday, 4/18/2017

  • 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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