Vietnam imported US$110.58 million worth of soya beans in December 2024, marking a 36.24 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports totalled US$1.13 billion.
The USA was the largest supplier, contributing US$94.40 million, a 37.97 percent increase compared to November. Argentina also made a significant contribution with imports totalling US$10.76 million in December. Canada, while remaining a steady supplier, saw a 16.14 percent decline, contributing US$3.74 million.
Conversely, imports from Cambodia decreased sharply by 81.48 percent to US$1.45 million. The “Other” category also experienced a significant decline of 48.72 percent. Brazil, although not recorded in December, contributed significantly to the year-to-date total with US$535.76 million.
See also: Agriculture Industry in Vietnam
Vietnam import data for soya beans in December 2024 US$
| December | November | MoM | YTD | |
|---|---|---|---|---|
| Total | 110,579,486 | 81,167,269 | 36.24% | 1,127,137,843 |
| Other | 237,370 | 462,883 | -48.72% | 19,918,598 |
| USA | 94,398,719 | 68,417,347 | 37.97% | 464,333,810 |
| Argentina | 10,755,754 | – | – | 21,698,553 |
| Canada | 3,737,961 | 4,457,502 | -16.14% | 72,614,164 |
| Cambodia | 1,449,682 | 7,829,537 | -81.48% | 12,813,080 |
| Brazil | – | – | – | 535,759,638 |