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

Vietnam’s animal fodder exports rise in October, but year-to-date figures lag behind

Vietnam’s exports of animal fodders and animal fodder materials saw a notable increase in October, with export value reaching US$97.05 million. This marks a 22.6 percent growth compared to US$79.13 million in September, reflecting a strong recovery in export performance for the month.

However, the sector continues to face challenges on a broader scale. Year-to-date export values from January to October totalled US$850.28 million, a 16 percent decline compared to the same period in 2023.

While the October rebound offers hope for recovery, the year-to-date decline underscores the need for Vietnam’s exporters to address underlying issues to stabilise and strengthen the sector’s performance in the global market.

See also: Agriculture Industry in Vietnam

Vietnam animal fodder exports, October vs. September 2024

OctoberYTDSeptemberChange
Total97,048,628850,280,41179,126,74222.65%
Other4,860,36642,270,3813,563,53336.39%
Bangladesh598,9886,178,390891,587-32.82%
Cambodia14,575,142107,321,30012,915,69012.85%
China36,908,690336,159,17027,886,95332.35%
India2,248,95916,947,7141,663,70835.18%
Indonesia348,4184,221,314626,730-44.41%
Japan1,539,01821,623,7081,743,303-11.72%
Laos3,997,49724,047,1302,536,38557.61%
Malaysia9,579,70984,477,3177,331,32530.67%
Philippines3,288,90925,949,2192,742,92719.91%
Singapore60,876850,05730,69298.34%
South Korea1,912,52018,354,0431,563,71822.31%
Taiwan2,502,14928,586,7223,144,667-20.43%
Thailand2,565,95421,915,3692,130,68720.43%
United States of America12,061,433111,378,57710,354,83716.48%

See also: Vietnam Exports Tracker

Get Vietnam animal feed news sent straight to your inbox

Latest animal feed news...