Vietnam’s animal feed, raw material imports reach 4.27 billion USD

Vietnam spent a total of 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year, down 5.2 per cent year-on-year, according to Vietnam Customs.
Vietnam’s animal feed, raw material imports reach 4.27 billion USD | Business | Vietnam+ (VietnamPlus)
Vietnam spends 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year (Photo: congthuong.vn).

In October alone, the import value reached 451.5 million USD, up 7.5 per cent month-on-month and 12.6 per cent year-on-year.

With 1.21 billion USD in the January-October period, Argentina was Vietnam’s biggest exporter of animal feed and raw materials, accounting for 28.2 per cent of the Southeast Asian country’s total import value of these products. It was followed by Brazil (19.1 per cent), and the US (14.1 per cent).

In the period, Vietnam spent 261 million USD buying animal feed and raw materials from the Southeast Asian market, down 15 per cent year-on-year.

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(Source: VNA)