Vietnam soy beans imports down 14.06 percent in February 2026 / USA -2.45%, Brazil- 1.21%

Vietnam imported soy beans to the tune of US$133 million in February, down from US$155 million in January, a change of -14.06 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$288 million worth of soy beans by the end of February.

The USA accounted for US$97 million of Vietnam’s soy beans imports in February, down from US$99 million in January, a change of 2.45 percent. Year to date, the USA has shipped US$196 million worth of soy beans to Vietnam.

Brazil followed, accounting for US$34 million of Vietnam’s soy beans imports in February, down from US$34 million in January, a change of 1.21 percent. Year to date, Brazil has shipped US$68 million worth of soy beans to Vietnam.

Next was Canada, contributing US$2 million of Vietnam’s soy beans imports in February, down from US$4 million in January, a change of 50.97 percent. Year to date, Canada has shipped US$5 million worth of soy beans to Vietnam.

Cambodia followed, representing US$ million of Vietnam’s soy beans imports in February, down from US$1 million in January, a change of 52.27 percent. Year to date, Cambodia has shipped US$1 million worth of soy beans to Vietnam.

Rounding out the top five was Argentina, accounting for US$ million of Vietnam’s soy beans imports in February, down from US$17 million in January, a change of 100.00 percent. Year to date, Argentina has shipped US$17 million worth of soy beans to Vietnam.

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Listed agriculture companies

Key agriculture firms listed on the Vietnam stock exchange include:

BAF Vietnam Agriculture Joint Stock Company (BAF)

BAF Vietnam Agriculture Joint Stock Company (HOSE: BAF) engages in animal husbandry and feed production, including bran and feeds for pigs, alongside processing and pork-meat production. (BAF)

In February, BAF shares moved from 35.85 to 37.70, a change of 1.85 (0.05 percent).

Foreign ownership moved from 1,394,844.01 to 1,386,336.00, a change of -8,508.01 (-0.01 percent).

PetroVietnam Ca Mau Fertilizer JSC (DCM)

PetroVietnam Ca Mau Fertilizer JSC (DCM) produces and sells urea and other nitrogen-based fertilisers for agriculture. (DCM)

In February, DCM shares moved from 36.60 to 42.95, a change of 6.35 (0.17 percent).

Foreign ownership moved from 2,386,209.52 to 2,294,032.91, a change of -92,176.61 (-0.04 percent).

Hoang Anh Gia Lai JSC (HAG)

Hoang Anh Gia Lai JSC (HAG) operates in agriculture, livestock farming, and real estate development across Southeast Asia. (HAG)

In February, HAG shares moved from 17.25 to 15.95, a change of -1.30 (-0.08 percent).

Foreign ownership moved from 5,926,039.24 to 5,953,091.86, a change of 27,052.62 (0.00 percent).

PAN Group JSC (PAN)

PAN Group JSC (PAN) operates in agriculture and food processing through subsidiaries like Vinaseed and Bibica. (PAN)

In February, PAN shares moved from 29.80 to 33.00, a change of 3.20 (0.11 percent).

Foreign ownership moved from 629,071.86 to 596,023.09, a change of -33,048.77 (-0.05 percent).

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Vietnam agriculture news

Recent developments include:

Agriculture impacts fuel price rises

Vietnam’s agriculture ministry warned Middle East tensions could reduce agricultural, forestry and fishery exports by up to US$1 billion if the conflict lasts one month and by US$3–3.5 billion if it continues for three months.

Higher energy and fertiliser prices could raise agricultural production costs by about 3–5 percent.

Shipping costs may increase 25–35 percent while delivery times could lengthen by 7–14 days due to rerouted maritime transport, the article says. Read more→

Agriculture shipments cost increase

Online retailers across Vietnam are adding about VND5,000 (US$0.19) per order to delivery fees as fuel costs push transport charges sharply higher.

Some sellers report freight rates for agricultural shipments from northern provinces to Hanoi rising by VND100,000 (US$3.79) per 30-kilogram parcel in just a few days.

The higher logistics costs are already feeding into retail prices, with fruit and vegetables rising by around VND5,000–7,000 (US$0.19–0.27) per kilogram and flowers by about VND15,000 (US$0.57) per bundle.

Economists estimate the recent fuel price increases could add roughly 0.63 percent to Vietnam’s consumer price index and raise transport service prices by about 6.3 percent, the article says. Read more→

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Vietnam’s soybean industry

Vietnam’s soybean industry remains relatively small, with domestic production unable to meet demand from the country’s growing animal feed and food processing sectors.

As a result, Vietnam relies heavily on imports, particularly from the United States, Brazil, and Argentina, making it one of Southeast Asia’s largest soybean importers.

Soybeans are primarily used in animal feed production, driven by Vietnam’s expanding livestock and aquaculture industries, as well as in food products such as tofu, soy milk, and cooking oil.

The country’s feed industry is a key demand driver, with multinational and domestic firms scaling up capacity to support rising meat consumption and export-oriented aquaculture.

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The data

Vietnam imports of soy beans in February 2026, US$m