In July, Vietnam’s imports of animal feed and materials from Argentina reached $53 million, decreased sharply by 27.24 per cent compared with the previous month and by 55.76 per cent over the same month of last year. The figure brought the country’s total imports of animal feed and materials from Brazil in the first seven months of this year to over $ 700 million, accounted for 31.7 per cent of the total market share.

 

It was followed by the U.S with over $48 million in July, down by 27.26 per cent month – on – month and up by 612.78 per cent over the same month of last year. The figure brought the country’s total imports of animal feed and materials from the U.S in the first seven months of this year to over $369 million, up by 111.15 per cent year – on – year.

 

Meanwhile, the imports animal feed and materials from China reached over $22 million in July, up by 2.92 per cent month – on – month and by 68.77 per cent year – on – year. The total imports of animal feed and materials from China in the first seven months of this year reached over $134 million, increased by 50.98 per cent year – on – year. 

 

In the first seven months of this year, Vietnam spent over $ 2.2 billion on importing animal feed and materials, up by 11.11 per cent over the same period last year.

In the period, the country’s imports of animal feed and materials from Brazil reached $294 million, increased by 01.31 per cent; from Belgium - $20 million, up by 155.93 per cent; from the U.S – over $369 million, up by 111.15 per cent; and from Chile – nearly $10 million, up by 79.87 per cent year – on – year. 

 

 

 

Vietnam also imported wheat, corn, soybean; oil and grease as materials for producing animal feed and materials

 

Wheat: Vietnam’s imports of wheat were estimated at 344,000 tons worth of $84 million in July and over 3 million tons worth of $737 million in the first 7 months of this year, increased by 1.06 per cent in quantity and by 15.84 per cent in value compared with the same period of 2017.

The leading wheat import markets in the first 7 months of this year were Russia with the market share of 49 per cent; Australia – 27 per cent; Canada – 10 per cent; the U.S – 5 per cent and Brazil – 2 per cent of the total.

In the first 7 months of this year, the imports of wheat from Russia increased by over 27 times in quantity and over 31 times in value, while the imports from the U.S increased by over 17 times in quantity and over 16 times in value.

 

Soybean: Vietnam’s imports of soybean reached 179,000 tons worth of over $79 million in July and over 1 million tons worth of $445 million in the first 7 months of this year, decreased by 0.74 per cent in quantity and increased by 0.55 per cent in value compared with the same period of 2017.

 

Corn: The imports of corn reached over 563,000 tons worth of $122 million in July and nearly 5.4 million tons worth of $1.1 billion in the first 7 months of this year, increased by 28.65 per cent in quantity and 30.86 per cent in value compared with the same period of 2017.

Argentina and Brazil were the leading soybean import markets of Vietnam in the first 7 months of this year with 49 per cent and 9 per cent of the total market share, respectively.

Especially, in the first 7 months of this year, the imports of corn from Thailand decreased sharply, both in quantity and in value compared with the same period last year.