Imports of animal feed and materials slightly increased in first quarter
Monday, April 16,2018AsemconnectVietnam - Vietnam imported US$ 342 million worth of animal feed and materials in March, increased by 40.13 per cent over the previous month and by 11.13 per cent over the same month of last year, showed the statistics figures of the General Department of Customs.
In the first three months of this year, Vietnam’s imports of animal feed and materials from Brazil reached over $ 80 million, rocketed by 756.91 per cent compared with the same period last year; from Belgium – nearly $ 10 million, up by 138.88 per cent; from Mexico – over $ 1.3 million, up by 129.13 per cent; and from India – over $ 68 million, up by 68.9 per cent.
Argentina was the country’s biggest import market of animal feed and materials in February with $ 101 million, up by 8.13 per cent over the previous month and but down by 16.8 per cent over the same month of last year. The figure brought the total imports of animal feed and materials from Argentina in the first 3 months of this year to over $ 322 million, down by 21.33 per cent year – on – year and accounted for 35 per cent of the total.
The U.S followed with over $ 81 million in March, up by 162.68 per cent over the previous month and by 173.69 per cent over the same month of last year. The total imports of animal feed and materials from the U.S in the first quarter of this year reached over $ 147 million, up by 16.07 per cent year – on - year.
Meanwhile, the imports of animal feed and materials from Brazil reached over $ 30 million in March and over $ 80 million in the first 3 months of this year, rocketed by 756.91 per cent year – on – year.
Vietnam’s imports of animal feed and materials in the first two months of 2018 - Unit: US$ thousand – source: VITIC – according to the figures of the General Department of Customs
Market
|
First quarter of 2017
|
March of 2018
|
First 3 months of 2018
|
March of 2018 vs. February of 2018 (%) (%)
|
First 3 months of 2018 vs. first 3 months of 2017 +/- (%)
|
Total
|
919,871
|
342,831
|
921,908
|
40.1
|
0.2
|
Argentina
|
410,019
|
101,879
|
322,560
|
8.1
|
-21.3
|
India
|
40,546
|
14,880
|
68,154
|
-25.0
|
68.1
|
Britain
|
517
|
160
|
345
|
210.8
|
-33.2
|
Austria
|
27,899
|
666
|
1,797
|
17.9
|
-93.6
|
Belgium
|
4,179
|
3,578
|
9,984
|
41.8
|
138.9
|
Brazil
|
9,347
|
30,819
|
80,098
|
42.3
|
756.9
|
The U.A.E
|
26,435
|
9,448
|
22,329
|
46.6
|
-15.5
|
Canada
|
6,215
|
2,911
|
6,721
|
50.5
|
8.2
|
Chile
|
2,824
|
253
|
888
|
-39.7
|
-68.5
|
Taiwan
|
14,377
|
8,446
|
17,223
|
238.3
|
19.8
|
Germany
|
1,981
|
813
|
2,797
|
270.9
|
41.1
|
The Netherlands
|
7,464
|
1,595
|
4,588
|
3.2
|
-38.5
|
South Korea
|
7,946
|
4,666
|
10,291
|
133.3
|
29.5
|
The U.S
|
126,787
|
81,118
|
147,164
|
162.7
|
16.1
|
Indonesia
|
27,111
|
7,596
|
28,297
|
1.5
|
4.4
|
Italy
|
21,433
|
3,687
|
11,557
|
-1.1
|
-46.1
|
Malaysia
|
7,541
|
2,710
|
8,084
|
59.9
|
7.2
|
Mexico
|
598
|
358
|
1,371
|
-17.8
|
129.1
|
Japan
|
1,827
|
293
|
515
|
52.9
|
-71.8
|
Australia
|
5,186
|
714
|
3,007
|
0.8
|
-42.0
|
France
|
7,387
|
3,157
|
7,808
|
25.5
|
5.7
|
The Philippines
|
6,551
|
2,125
|
4,924
|
217.7
|
-24.8
|
Singapore
|
4,655
|
1,761
|
4,277
|
41.9
|
-8.1
|
Spain
|
4,269
|
429
|
1,393
|
-3.2
|
-67.4
|
Thailand
|
19,929
|
13,864
|
26,452
|
135.5
|
32.7
|
China
|
38,339
|
16,637
|
53,692
|
44
|
40.0
|
Vietnam also imported wheat, corn, soybean; oil and grease as materials for producing animal feed and materials
Item
|
First 3 months of 2017
|
First 3 months of 2018
|
Comparison
|
|||
Quantity (1,000 ton)
|
Value (US$ thousand)
|
Quantity (1,000 ton)
|
Value (US$ thousand)
|
Quantity
(%)
|
Value (%)
|
|
Wheat
|
1,493
|
299,920
|
1,193
|
285,195
|
- 20.1
|
- 4.91
|
Corn
|
1,510
|
307,514
|
1,933
|
371,059
|
28.05
|
20.66
|
Soybean
|
450
|
200,446
|
391
|
167,138
|
- 13.1
|
- 16.62
|
Oil and grease
|
|
183,882
|
|
181,598
|
|
- 1.24
|
The leading wheat import markets in the first 3 months of this year were Australia with the market share of 40 per cent; Russia – 35 per cent; Canada – 11 per cent; the U.S – 6 per cent and Brazil – 4 per cent.
Soybean: Vietnam’s imports of soybean reached 115,000 tons worth of over $ 50 million in March and over 391,000 tons worth of $ 167 million in the first 3 months of this year, decreased by 13.1 per cent in quantity and 16.62 per cent in value compared with the same period of 2017.
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