Vietnam’s corn imports fell sharply by 50.43 percent month-on-month in February, reaching US$123.80 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$373.73 million.
Brazil remained Vietnam’s largest corn supplier, accounting for 64.70 percent of total imports at US$80.10 million, though this figure represents a 45.31 percent decline from January. Argentina followed with a more significant drop of 59.69 percent, totaling US$39.61 million and making up 31.99 percent of Vietnam’s total corn imports.
Imports from Laos declined by 12.46 percent to US$2.98 million, while Thailand saw a 10.07 percent decrease to US$354,180. Meanwhile, Vietnam did not import any corn from India in February, marking a complete drop from the previous month.
The significant decline in overall corn imports suggests shifting demand or supply chain adjustments in Vietnam’s agricultural sector.
See also: Agriculture Industry in Vietnam
Vietnam corn imports, February 2025, US$ millions
February | % Total | January | MoM | YTD | |
Total | 123.80 | 100.00% | 249.77 | -50.43% | 373.73 |
Other | 0.75 | 0.61% | 1.07 | -29.67% | 1.83 |
Brazil | 80.10 | 64.70% | 146.45 | -45.31% | 226.71 |
Argentina | 39.61 | 31.99% | 98.26 | -59.69% | 137.87 |
Laos | 2.98 | 2.41% | 3.41 | -12.46% | 6.39 |
Thailand | 0.35 | 0.29% | 0.39 | -10.07% | 0.75 |
India | 0.00 | 0.00% | 0.19 | -100.00% | 0.19 |