Specifically, market prices were as follows:

·         Pig feed: piglet feed (21% protein) at 380,000 – 450,000 VND/25kg bag; fattening pig feed (18% protein) at 330,000 – 400,000 VND/25kg bag; sow feed at 360,000 – 420,000 VND/25kg bag.

·         Chicken feed: chick feed at 350,000 – 430,000 VND/bag; broiler feed at 310,000 – 380,000 VND/bag; layer feed at 340,000 – 410,000 VND/bag.

·         Duck feed: for ducklings, layers, and meat ducks, prices ranged from 320,000 – 420,000 VND/bag, depending on nutritional formula and brand.

·         Aquaculture feed (pangasius, tilapia, snakehead fish): 320,000 – 450,000 VND/25kg bag.

For raw materials, rice bran and cornmeal showed fluctuating increases and decreases depending on the type.

According to preliminary statistics from the Department of Vietnam Customs, imports of LF and raw materials in June 2025 reached nearly USD 334.5 million, down 21.4% compared to May 2025 and down 21% compared to June 2024.

In the first half of 2025, imports of this product group reached nearly USD 2.33 billion, down 9.2% compared to the same period in 2024.

·         Argentina was the largest supplier, accounting for 40.3% of Vietnam’s total LF imports, with over USD 937.05 million in the first half of 2025 (+30.6% YoY). In June alone, imports from Argentina were USD 101.85 million (-33.7% MoM; -40.9% YoY).

·         The United States ranked second with USD 394.64 million (17% share), down 32.3% YoY. In June, imports from the US were USD 71.87 million (-25.7% MoM; -15.2% YoY).

·         Brazil recorded USD 301.43 million (13% share) in the first six months, down 18.9% YoY. In June, imports from Brazil were USD 25.92 million (-41.4% MoM; -55.3% YoY).

·         Other markets included China (mainland), Southeast Asia, India, EU countries, and CPTPP partners, with varied growth/decline rates.

Source:Vietnam Customs Department

According to DVC’s preliminary statistics, Vietnam’s exports of LF and raw materials in June 2025 reached nearly USD 106 million, down 2.7% compared to May 2025 but up 22.4% compared to June 2024.

In the first six months of 2025, exports of this product group reached nearly USD 602.99 million, up 22.3% compared to the same period in 2024.

·         China remained the largest market, accounting for 43% of Vietnam’s LF exports, with over USD 259.49 million in the first half of 2025 (+29.4% YoY). In June alone, exports to China were USD 35.07 million (-26.3% MoM; -4.1% YoY).

·         Cambodia ranked second with USD 78.8 million (13.1% share), up 41.9% YoY. In June, exports to Cambodia reached USD 16.45 million (+15.9% MoM; +108.6% YoY).

·         The United States ranked third: June exports reached USD 14.39 million (+67.7% MoM; +17.1% YoY). However, total exports to the US in 6M/2025 were USD 54.29 million, down 14.7% YoY (9% share).

·         Malaysia ranked fourth: June exports reached USD 9.77 million (+1.7% MoM; +9.3% YoY). Total in 6M/2025 reached USD 52.58 million (+6.2% YoY; 8.7% share).

·         Other markets such as India, Laos, Thailand, Taiwan, the Philippines, Japan, South Korea, and Indonesia showed notable growth rates, especially India (+114.4% YoY) and Laos (+70.9% YoY).

 

Source:Vietnam Customs Department
Overall picture:

·         Domestic LF prices declined thanks to cheaper inputs.

·         Imports fell, particularly from the US and Brazil, though Argentina increased sharply.

·         Exports grew strongly, led by China and Cambodia, showing promising market opportunities.
T.Huong
Source: Vitic