A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Vietnam’s animal fodder exports face slight decline in November

Vietnam’s exports of animal fodder and fodder materials totaled US$92.54 million in November 2024, representing a 4.64 percent month-on-month decrease, according to Vietnam’s General Department of Customs. Year-to-date exports reached US$941.93 million, maintaining the sector’s critical role in Vietnam’s agricultural trade.

China led as the top importer, purchasing US$39.96 million, an 8.26 percent increase from October. Cambodia followed with US$11.17 million, although this marked a significant decline of 23.36 percent. The United States, the third-largest market, experienced a sharp drop of 30.66 percent, importing US$8.36 million. Other notable markets included Malaysia and Laos, both recording decreases of 14.85 percent and 12.05 percent, respectively.

This data underscores the diverse global demand for Vietnam’s animal fodder products, with China continuing as the dominant buyer and fluctuations observed in other key markets.

See also: Animal Feed Industry in Vietnam

Vietnam animal fodder exports, November 2024, US$

NovemberOctoberMoMYTD
Total92,541,58797,048,628-4.64%941,934,595
Other4,556,3564,860,366-6.25%46,924,431
China39,956,56836,908,6908.26%376,573,930
Cambodia11,171,05414,575,142-23.36%116,773,710
USA8,362,97812,061,433-30.66%119,939,936
Malaysia8,156,9969,579,709-14.85%92,597,705
Laos3,515,6583,997,497-12.05%27,562,788
Philippines3,217,8213,288,909-2.16%29,222,836
Thailand3,140,3322,565,95422.38%25,055,702
Taiwan2,481,0162,502,149-0.84%31,105,516
Japan2,034,8001,539,01832.21%23,658,509
South Korea2,034,0011,912,5206.35%20,388,044
India1,804,8892,248,959-19.75%18,771,259
Indonesia1,782,639348,418411.64%6,003,953
Bangladesh232,818598,988-61.13%6,411,208
Singapore93,66160,87653.86%945,068

See also: How to Start an Export Business in Vietnam

Get Vietnam animal feed news sent straight to your inbox

Latest animal feed news...