Imports of animal feed continue upward trend

Among major suppliers of animal feed and raw materials for Vietnam in July, Argentina ranked first with US$53 million, down 27.24% against the previous month and 55.76% over the same period last year, trailed by the US with more than US$48 million and China with more than US$22 million.

Overall, Vietnam spent more than US$2.2 billion importing animal feed and raw materials in 7 months, a year-on-year rise of 11.11%. Export markets seeing strong growth included Brazil (up 301.31% to US$294 million), Belgium (up 155.95% to US$20 million), the US (up 111.15% to more than US$369 million) and Chile (up 79.87% to nearly US$10 million).