Vietnam’s soya bean imports fell 7.81 percent month-on-month in February, reaching US$79.22 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$85.93 million, bringing year-to-date imports to US$165.15 million.

The USA remained the dominant supplier, accounting for 75.45 percent of total imports at US$59.77 million, despite a 26.02 percent decline from the previous month. In contrast, imports from Canada surged 296.81 percent to US$18.34 million, making up 23.15 percent of the total. Cambodia also saw a significant increase, with shipments more than doubling to US$678,750.

Overall, while Vietnam’s reliance on US soya beans remains strong, the surge in imports from Canada suggests a shift in sourcing strategies.

Vietnam soya bean imports, February 2025, US$ millions

	February	% Total	January	MoM	YTD
Total	79.22	100.00%	85.93	-7.81%	165.15
Other	0.43	0.54%	0.17	146.32%	0.60
USA	59.77	75.45%	80.80	-26.02%	140.57
Canada	18.34	23.15%	4.62	296.81%	22.96
Cambodia	0.68	0.86%	0.34	102.01%	1.01

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