Vietnam’s animal fodder imports soar in October

Vietnam’s animal fodder imports saw a sharp increase in October 2024, rising by 39 percent month-on-month to US$403.72 million, reflecting growing demand for livestock and aquaculture feed. Year-to-date imports reached US$4.02 billion, underscoring the industry’s heavy dependence on global suppliers to meet domestic production needs, according to Vietnam’s General Department of Customs.

Argentina emerged as the leading supplier, with imports more than doubling, up 115.98 percent compared to September, while imports from Brazil surged by 154.23 percent, driven by rising shipments of key raw materials such as soybean meal and corn. In contrast, imports from countries like Australia, Austria, and Canada recorded declines of 13.73 percent, 33.73 percent, and 44.28 percent respectively, indicating a shifting sourcing strategy.

China, one of Vietnam’s major partners, saw a slight decline of 5.40 percent, while Germany posted a notable 19.13 percent increase, highlighting Europe’s steady role in Vietnam’s feed supply chain. These import trends reflect the country’s efforts to secure raw materials amid growing domestic demand and fluctuating global markets.

See also: Animal Feed Industry in Vietnam

Vietnam’s animal feed imports, October vs. September 2024

OctoberSeptemberMoMYTD
Total403,717,086290,377,91839.03%4,022,549,757
Other21,366,81723,834,228-10.35%252,736,870
Argentina212,546,53898,412,038115.98%1,325,249,730
United States of America42,362,08344,743,847-5.32%802,972,601
Brazil35,560,77413,987,399154.23%526,738,159
China23,807,25625,165,911-5.40%326,360,424
India13,798,52521,001,771-34.30%164,335,297
Indonesia12,553,29216,125,754-22.15%122,929,586
Thailand8,731,11910,774,049-18.96%113,917,918
South Korea4,757,7247,206,365-33.98%61,686,216
Australia2,895,5413,356,385-13.73%60,906,726
Taiwan3,078,1082,412,01227.62%37,340,598
Canada1,646,4572,954,855-44.28%25,674,950
Germany2,585,9842,170,68319.13%25,652,256
France2,359,1063,117,828-24.33%24,451,540
Malaysia3,260,4342,021,85561.26%24,300,876
Spain1,537,2972,269,373-32.26%24,105,634
Singapore1,885,6762,238,539-15.76%19,608,823
United Arab Emirates3,273,8681,273,997156.98%17,283,528
Netherlands2,118,0972,450,237-13.56%17,173,101
Belgium1,830,0821,066,68271.57%16,768,008
Italy322,9121,370,168-76.43%9,618,844
Philippines229,513762,834-69.91%8,077,197
Austria364,001549,252-33.73%4,290,100
Japan225,195432,719-47.96%2,512,721
Turkey80,640108,932-25.97%2,051,111
Hungary0182,300-100.00%1,939,134
Chile238,037256,695-7.27%1,722,535
Mexico302,01000.00%1,376,965
United Kingdom0131,210-100.00%768,309

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