According to preliminary statistics from General Department of Customs, in the first 8 months of 2024, export of animal feed and raw materials reached over 672.84 million USD, down 15.1% compared to the first 8 months of 2023.
In August 2024 alone, exports reached over 87.95 million USD, down 3% compared to July 2024 and down 37% compared to August 2023.
China is the largest export market for animal feed and raw materials from Vietnam, accounting for 40.2% of total export turnover.
In the first 8 months of 2024, export of animal feed and raw materials to this market reached over 270.66 million USD, down 30.6% compared to the first 8 months of 2023; In August 2024 alone, exports to this market reached 31.21 million USD, down 18.3% compared to July 2024 and down 59.7% compared to August 2023.
Followed by the US market reaching over 88.88 million USD, up 67%, accounting for 13.2%; Cambodia reaching 79.86 million USD, down 31.8%, accounting for 11.9%; Malaysia reaching 67.42 million USD, down 9.9%, accounting for 10%...
Exports of animal feed and raw materials to the Southeast Asian market reached over 205.9 million USD, down 18% compared to the first 8 months of 2023, accounting for 30.6% of total export turnover of animal feed and raw materials of the whole country.

Source: Vitic/ congthuong.vn