Animal feed imports rise 28.4% to nearly US$5 billion

VOV.VN - Vietnam spent nearly US$5 billion on importing animal feed and related raw materials last year, representing a rise of 28.4% compared to 2020, according to preliminary statistics released by the General Department of Vietnam Customs.

The major suppliers of animal feed and raw materials to the country were Argentina, the United States, Brazil, and the European Union.

Most notably, imports from Argentina were worth US$1.66 billion or 33.6% of the total, an increase of 7.8% compared to 2020, followed by the US with turnover increasing by 61.7% to US$817.64 million.

Imports of animal feed and raw materials from Brazil witnessed a sharp rise of 68.4% to US$659.69 million, while those from the EU and Southeast Asian markets edged up 39.7% and 20.9% to US$398.25 million and US$362.22 million, respectively.

The Vietnam Poultry Breeders Association noted that the price of raw materials for producing animal feed is anticipated to rise in the coming time due to a heavy reliance on imported supply sources, the impact of COVID-19, along with high logistics costs.

Mời quý độc giả theo dõi VOV.VN trên

Related

Vietnam’s animal feed export surpasses US$1 bln for first time
Vietnam’s animal feed export surpasses US$1 bln for first time

Vietnam’s export of animal feed and materials surpassed US$1 billion for the first time to US$1.049 billion from early this year to mid-December, reported the General Department of Vietnam Customs.

Vietnam’s animal feed export surpasses US$1 bln for first time

Vietnam’s animal feed export surpasses US$1 bln for first time

Vietnam’s export of animal feed and materials surpassed US$1 billion for the first time to US$1.049 billion from early this year to mid-December, reported the General Department of Vietnam Customs.

Vietnam spends big on animal feed imports
Vietnam spends big on animal feed imports

VOV.VN - Vietnam imported US$2.93 billion worth of animal feed and materials during the first seven months of the year, according to the General Department of Vietnam Customs.

Vietnam spends big on animal feed imports

Vietnam spends big on animal feed imports

VOV.VN - Vietnam imported US$2.93 billion worth of animal feed and materials during the first seven months of the year, according to the General Department of Vietnam Customs.