Vietnam’s imports of corn declined by 27.24 percent month-on-month in January, reaching US$249.77 million, according to Vietnam’s General Department of Customs. This follows a decrease from US$343.29 million recorded in December.
Year-to-date, Vietnam’s total corn imports stood at US$249.77 million. Brazil remained the largest supplier, contributing US$146.45 million, or 58.7 percent of the total. Argentina followed with US$98.26 million, representing 39.4 percent, while Laos supplied US$3.41 million.
Among major suppliers, India saw a new entry in January, with US$189,500 in imports. Meanwhile, Laos posted the smallest decline at 12.02 percent, while Brazil and Argentina experienced decreases of 19.91 percent and 28.36 percent, respectively.
Vietnam’s corn imports remain highly dependent on Brazil and Argentina, which together accounted for nearly 98 percent of total imports. Despite the overall decline, imports from Laos and India suggest some diversification in supply sources.
See also: Agriculture Industry in Vietnam
Vietnam corn imports, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 249.77 | 343.29 | -27.24% | 249.77 | 100.00% |
| Other | 1.07 | 18.83 | -94.30% | 1.07 | 0.43% |
| Brazil | 146.45 | 182.87 | -19.91% | 146.45 | 58.63% |
| Argentina | 98.26 | 137.16 | -28.36% | 98.26 | 39.34% |
| Laos | 3.41 | 3.87 | -12.02% | 3.41 | 1.36% |
| Thailand | 0.39 | 0.56 | -29.44% | 0.39 | 0.16% |
| India | 0.19 | 0.00 | 0 | 0.19 | 0.08% |