Imports of animal feed and materials fell slightly in 2 months
Friday, March 16,2018AsemconnectVietnam - Vietnam imported US$ 244 million worth of animal feed and materials in February, decreased by 27.37 per cent over the previous month and by 30.62 per cent over the same month of last year, showed the statistics figures of the General Department of Customs.
In the first two months of this year, Vietnam’s imports of animal feed and materials from Mexico reached over $ 1 million, rocketed by 814 per cent compared with the same period last year; from Brazil – over $ 49 million, up by 677.21 per cent; from Belgium – over $ 6 million, up by 121.4 per cent; and from India – over $ 53 million, up by 105.36 per cent.
Argentina was the country’s biggest import market of animal feed and materials in February with $ 94 million, down by 26.5 per cent over the previous month and by 50.47 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 two months of this year to over $ 222 million, down by 22.66 per cent year – on – year and accounted for 38.3 per cent of the total.
The U.S followed with over $ 30 million in February and nearly $ 66 million in the first two months.
Besides, Vietnam also imported animal feed and materials from India, China, Indonesia, the U.A.E and Thailand with the import value of $ 53 million; $ 37 million; $ 20 million; $ 12 million and $ 12 million, respectively.
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 2 months of 2017
|
February of 2018
|
First 2 months of 2018
|
February of 2018 vs. January of 2018 (%)
|
First 2 months of 2018 vs. first 2 months of 2017 (%)
|
Total
|
611,371
|
244,651
|
581,211
|
-27.4
|
-4.9
|
Argentina
|
287,563
|
94,218
|
222,405
|
-26.5
|
-22.7
|
India
|
25,977
|
19,849
|
53,348
|
-41.1
|
105.4
|
Britain
|
342
|
51
|
185
|
-61.6
|
-45.9
|
Austria
|
19,463
|
565
|
1,130
|
-3.1
|
-94.2
|
Belgium
|
2,913
|
2,524
|
6,449
|
-35.7
|
121.4
|
Brazil
|
6,345
|
21,662
|
49,319
|
-21.7
|
677.2
|
The U.A.E
|
14,714
|
6,443
|
12,881
|
0.1
|
-12.5
|
Canada
|
3,150
|
1,934
|
3,809
|
3.2
|
20.9
|
Chile
|
1,874
|
419
|
635
|
94
|
-66.1
|
Taiwan
|
8,595
|
2,497
|
8,776
|
-60.2
|
2.1
|
Germany
|
1,337
|
219
|
1,982
|
-87.4
|
48.3
|
The Netherlands
|
5,394
|
1,546
|
3,020
|
5
|
-44.0
|
South Korea
|
4,066
|
2,000
|
5,625
|
-44.8
|
38.3
|
The U.S
|
97,148
|
30,880
|
65,979
|
-12.0
|
-32.1
|
Indonesia
|
17,057
|
7,487
|
20,699
|
-43.4
|
21.4
|
Italy
|
12,461
|
3,728
|
7,869
|
-9.9
|
-36.9
|
Malaysia
|
3,839
|
1,695
|
5,373
|
-53.9
|
40
|
Mexico
|
110
|
436
|
1,013
|
-24.3
|
814
|
Japan
|
758
|
192
|
221
|
550.7
|
-70.8
|
Australia
|
3,127
|
709
|
2,447
|
-59.2
|
-21.7
|
France
|
4,779
|
2,515
|
4,776
|
11.2
|
-0.05
|
The Philippines
|
5,307
|
669
|
2,798
|
-68.6
|
-47.3
|
Singapore
|
2,697
|
1,241
|
2,515
|
-2.6
|
-6.7
|
Spain
|
3,087
|
443
|
963
|
-14.7
|
-68.8
|
Thailand
|
12,088
|
5,887
|
12,588
|
-12.1
|
4.1
|
China
|
20,653
|
11,556
|
37,054
|
-54.7
|
79.4
|
Vietnam’s imports of materials for animal feed and materials in the first 2 months of 2018 – source: VITIC – according to the figures of the General Department of Customs
Item
|
First 2 months of 2017
|
First 2 months of 2018
|
Comparison
|
|||
Quantity (1,000 ton)
|
Value (US$ thousand)
|
Quantity (1,000 ton)
|
Value (US$ thousand)
|
Quantity
(%)
|
Value (%)
|
|
Wheat
|
596
|
121,390
|
781
|
185,503
|
31.1
|
52.8
|
Corn
|
1,218
|
244,164
|
1,489
|
282,377
|
22.2
|
15.7
|
Soybean
|
210
|
92,874
|
276
|
116,937
|
31.5
|
25.9
|
Oil and grease
|
|
128,266
|
|
113,151
|
|
- 11.8
|
The leading wheat import markets in the first two months of this year were Russia with the market share of 40 per cent; Australia – 29 per cent; Canada – 16 per cent; the U.S – 9 per cent and Brazil – 6 per cent.
In the first two months of this year, the imports of wheat from Brazil increased by 10 times in quantity and over 2 times in value, while the imports from the U.S increased by over 11 times in quantity and over 2 times in value. Meanwhile, the imports from Australia decreased by nearly 3 per cent.
Soybean: Vietnam’s imports of soybean reached 97,000 tons worth of $ 40 million in February and over 276,000 tons worth of $ 116 million in the first 2 months of this year, increased by 31.45 per cent in quantity and 25.91 per cent in value compared with the same period of 2017.
Corn: The imports of corn reached 537,000 tons worth of $ 104 million in February and 1.4 million tons worth of $ 282 million in the first two months of this year, increased by 22.22 per cent in quantity and 15.65 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 two months of this year with 69 per cent and 29 per cent of the total market share, respectively.
CPI increases about 4.2% in first quarter
Reference exchange rate 3 VND
DAILY: Vietnamese coffee prices rose by 400 VND on March 28
Tuna exporters aiming for smaller markets
Vietnam's retail market proves attractive for foreign investors
Main commodity groups exported to Indonesia in 2 months of 2023
Wheat imports increased slightly in first 2 months of 2023
Steel market update: Price rises despite falling demand
Tea export value to China skyrockets
Reference exchange rate up 2 VND at week’s beginning
DAILY: Vietnamese pepper prices remained unchanged on March 27
DAILY: Vietnamese coffee prices remained unchaged on March 27
Significant efforts needed to realise 4.3-billion-USD shrimp exports
Coffee exports to Netherlands enjoy three-digit growth
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...