In June, Vietnam’s imports of animal feed and materials from Brazil reached $102 million, increased sharply by 33.17 per cent compared with the previous month and by 286.4 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 six months of this year to over $287 million, accounted for 14.5 per cent of the total market share.

 

It was followed by Argentina with over $73 million in June, down by 22.09 per cent month – on – month and by 62.31 per cent over the same month of last year. The figure brought the country’s total imports of animal feed and materials from Argentina in the first six months of this year to over $ 651 million, down by 21.11 per cent year – on – year.

 

Meanwhile, the imports animal feed and materials from the U.S reached over $67 million in June, up by 16.76 per cent month – on – month and by 838.92 per cent year – on – year. The total imports of animal feed and materials from the U.S in the first six months of this year reached over $321 million, increased by 90.77 per cent year – on – year. 

In the first six months of this year, Vietnam spent nearly $2 billion on importing animal feed and materials, up by 11.9 per cent over the same period last year.

In the period, the country’s imports of animal feed and materials from Brazil reached $287 million, increased sharply by 322.55 per cent; from Belgium - $18 million, up by 159.61 per cent; from the U.S – over $321 million, up by 90.77 per cent; and  from South Korea – over $24 million, up by 51.21 per cent year – on – year. 

 

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

Vietnam’s imports of materials for animal feed and materials in the first 6 months of 2018 – source: VITIC – according to the figures of the General Department of Customs 

 

Wheat: Vietnam’s imports of wheat were estimated at 263,000 tons worth of $69 million in June and over 2.7 million tons worth of $657 million in the first 6 months of this year, increased by 7.34 per cent in quantity and by 24.07 per cent in value compared with the same period of 2017.

The leading wheat import markets in the first 6 months of this year were Russia with the market share of 47 per cent; Australia – 29 per cent; Canada – 8 per cent; the U.S – 6 per cent and Brazil – 3 per cent of the total.

In the first 6 months of this year, the imports of wheat from Russia increased by over 23 times in quantity and over 27 times in value, while the imports from the U.S increased by over 21 times in quantity and over 19 times in value.

Soybean: Vietnam’s imports of soybean reached 116,000 tons worth of over $52 million in June and over 836,000 tons worth of $365 million in the first 6 months of this year, decreased by 9.51 per cent in quantity and 8.93 per cent in value compared with the same period of 2017.

Corn: The imports of corn reached over 792,000 tons worth of $173 million in June and nearly 5 million tons worth of $985 million in the first 6 months of this year, increased by 34.39 per cent in quantity and 34.83 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 6 months of this year with 52 per cent and 10 per cent of the total market share, respectively.

Especially, in the first 6 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.