The price adjustments were mainly driven by rising and volatile input material costs. This marked the first feed price increase in 2026, following a prolonged downward trend during 2023–2024. From Jan. 1, 2026, many feed producers nationwide simultaneously raised selling prices, with increases commonly ranging from 100 to 300 dong per kg for livestock and poultry feed. Six companies applied a 200 dong per kg increase from that date, including products under the De Heus, Windmill, Koudijs, Anco and Proconco brands of De Heus Vietnam; all livestock and poultry feed products of Cargill Vietnam; Hoa Phat Dong Nai Feed Co.; Vietnam–France Nutrition JSC; and Vinafeed Northern Vietnam.
Taiwan International Nutrition JSC adjusted prices at multiple levels. The company raised prices by 300 dong per kg for several product lines including S16A, MOMI, M+1500, T602 and R710, while applying a 200 dong per kg increase to a broad range of other products. Meanwhile, K+2008 rose by 100 dong per kg, while K+2007 was reduced by 200 dong per kg.
From Jan. 2, 2026, four additional companies announced price hikes. Greenfeed Vietnam and USFEED both raised prices by 200 dong per kg. CNC International Nutrition JSC increased prices by 180 dong per kg for feed used for laying poultry and 200 dong per kg for other products. Viet Nhat Nutrition Technology JSC (Northern branch) raised prices by 100 dong per kg for feed for breeding livestock and poultry, and 200 dong per kg for meat-producing animals.
On Jan. 5, Hanoi Feed JSC increased prices by 200 dong per kg across all its products. Leong Hup Feedmill Vietnam was the only company to announce a later adjustment, raising prices by 200 dong per kg from Jan. 10 for pig and poultry feed under the Emivest and Gymtech brands.
According to preliminary data from the Vietnam Customs, Vietnam’s imports of animal feed and feed ingredients in December 2025 rose 23.3% month on month but fell 13.4% year on year to USD395.72 million. For the full year 2025, total imports reached USD4.58 billion, down 6.4% from 2024.
Argentina remained the largest supplier, accounting for 36.6% of total import value, with shipments worth USD1.68 billion, down 3.7% year on year. Imports from Argentina in December 2025 fell sharply to USD75.95 million, down 32.5% from November and 59.9% from a year earlier.
The United States ranked second, accounting for 18.8%, with imports totaling USD859.32 million, down 15.4% year on year. December imports from the U.S. surged 109.3% from November to USD123.39 million, though they were still 4.5% lower than a year earlier.
Imports from Brazil in December rose 92.8% month on month but declined 46.5% year on year to USD11.91 million, while full-year imports fell 19.9% to USD442.79 million.
Table: Vietnam’s imports of animal feed and feed ingredients in 2025

Market	Dec. 2025			2025
	Value (USD)	Month on month (%)	Year on year (%)	Value (USD)	Year on year (%)	Market share (%)
Total	395,716,550	23.25	-13.40	4,583,038,148	-6.43	100.00
Argentina	75,950,232	-32.54	-59.90	1,676,099,873	-3.71	36.57
RCEP FTA (15 Markets)	90,534,323	9.47	27.24	867,899,905	-0.57	18.94
United States	123,389,789	109.29	-4.48	859,316,342	-15.42	18.75
Brazil	11,910,422	92.75	-46.46	442,787,829	-19.78	9.66
China (Mainland)	43,785,742	12.65	45.08	373,361,682	-2.99	8.15
Southeast Asia	35,560,687	4.73	20.58	367,190,238	7.35	8.01
India	29,486,451	71.28	150.68	200,265,491	5.01	4.37
CPTPP FTA (11 Markets)	22,648,237	31.16	38.18	196,375,903	18.85	4.28
EU (EVFTA – 27 Markets)	18,969,524	25.96	64.97	168,234,703	15.94	3.67
Indonesia	16,770,728	-4.08	27.93	166,962,050	12.97	3.64
Thailand	10,932,695	0.62	41.38	126,783,172	-1.19	2.77
Australia	5,132,889	4.65	-3.01	62,967,159	-10.35	1.37
South Korea	5,733,634	30.24	-2.76	60,290,584	-16.70	1.32
Canada	9,726,210	54.49	242.59	56,325,626	82.92	1.23
Spain	4,709,563	15.36	69.93	46,736,556	60.19	1.02
Taiwan (China)	3,258,263	-4.57	10.60	42,441,409	0.56	0.93
France	3,549,502	-9.64	85.22	35,829,686	24.07	0.78
Malaysia	3,136,978	-2.85	-39.11	32,598,095	4.78	0.71
Germany	4,551,585	20.32	122.57	31,570,311	8.17	0.69
Singapore	3,548,962	148.29	43.07	30,127,000	21.52	0.66
Netherlands	2,167,868	130.52	9.24	22,633,522	9.49	0.49
Belgium	1,410,710	62.13	-7.34	15,609,908	-19.71	0.34
Philippines	1,171,324	23.58	15.11	10,719,921	6.80	0.23
Italy	1,416,008	67.54	216.52	9,346,126	-6.87	0.20
Turkey	848,444	725.90	210.44	5,431,980	85.40	0.12
Chile	469,073	—	78.19	4,939,136	114.47	0.11
Mexico	157,225	-79.38	—	4,567,006	172.29	0.10
Japan	321,371	-43.86	9.87	4,090,242	21.60	0.09
Austria	582,066	67.87	-8.62	4,065,223	-17.83	0.09
Hungary	582,222	120.38	233.08	2,443,371	-11.84	0.05
United Kingdom	155,529	113.17	118.84	761,639	-20.20	0.02

On the export side, Vietnam’s animal feed exports in 2025 reached nearly USD1.44 billion, up 38.5% from 2024. Exports in December 2025 totaled USD149.42 million, up 12% month on month and 55% year on year.
China remained Vietnam’s largest export market. Shipments to China in December rose 35.2% from November and 84.5% from a year earlier to USD85.98 million. For the full year, exports to China reached USD670.18 million, up 58.4%, accounting for 46.6% of total feed exports.
Exports to Cambodia, the second-largest market, climbed 45.1% in 2025 to USD183.55 million, while December shipments fell 24% month on month but surged 68.3% year on year.
Table: Vietnam’s exports of animal feed and feed ingredients in 2025
(Calculated from Vietnam Customs data released on Jan. 10, 2026)
Unit: USD

Market	Dec. 2025			2025
	Value (USD)	Month on month (%)	Year on year (%)	Value (USD)	Year on year (%)	Market share (%)
Total	149,417,216	11.95	55.01	1,437,892,211	38.48	100.00
RCEP FTA (15 Markets)	127,486,492	12.49	62.23	1,166,352,224	46.28	81.12
China (Mainland)	85,983,547	35.18	84.54	670,178,261	58.37	46.61
Southeast Asia	38,459,299	-18.16	33.46	456,690,320	39.67	31.76
Cambodia	16,365,759	-24.01	68.29	183,551,803	45.10	12.77
CPTPP FTA (11 Markets)	10,850,450	-6.42	2.25	136,612,812	6.89	9.50
Malaysia	9,118,007	-7.00	7.13	113,565,788	12.32	7.90
United States	9,484,871	6.24	0.73	113,420,992	-12.32	7.89
Thailand	4,484,279	6.62	82.40	48,989,784	78.05	3.41
Philippines	3,704,662	-45.24	49.17	48,403,792	52.66	3.37
Laos	4,052,237	0.42	1.42	44,567,808	41.22	3.10
India	3,015,741	13.87	93.02	39,989,875	96.67	2.78
Taiwan (China)	2,551,763	24.00	11.25	32,010,370	-4.16	2.23
Japan	1,632,692	-4.35	-13.86	21,576,345	-15.57	1.50
South Korea	1,410,954	38.79	10.36	17,907,298	-17.35	1.25
Indonesia	634,604	12.44	-55.90	16,140,666	116.86	1.12
Bangladesh	471,091	1.40	12.09	6,238,034	-8.69	0.43
Singapore	99,751	18.67	-51.28	1,470,679	27.91	0.10