Vietnam’s animal feed, raw material imports reach 4.27 billion USD

Vietnam spent a total of 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year, down 5.2% year-on-year, according to the Vietnam Customs.

Vietnam’s animal feed, raw material imports reach 4.27 billion USD hinh anh 1

Vietnam spends 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year (Photo: congthuong.vn)

Vietnam spent a total of 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year, down 5.2% year-on-year, according to the Vietnam Customs.

In October alone, the import value reached 451.5 million USD, up 7.5% month-on-month and 12.6% year-on-year.

With 1.21 billion USD in the January-October period, Argentina was Vietnam’s biggest exporter of animal feed and raw materials, accounting for 28.2% of the Southeast Asian country’s total import value of these products. It was followed by Brazil (19.1%), and the US (14.1%).

In the period, Vietnam spent 261 million USD buying animal feed and raw materials from the Southeast Asian market, down 15% year-on-year./.

Source: VNA
en.vietnamplus.vn

Related News

Latest News

Diversifying supply sources for businesses to participate in the global value chain

Diversifying supply sources for businesses to participate in the global value chain

VCN - Vietnam currently has about 2,000 businesses producing spare parts and components, but only about 300 businesses can participate in the supply chain.
VN-China trade hits nearly $100 billion

VN-China trade hits nearly $100 billion

The bilateral trade between Việt Nam and China is reaching the threshold of US$100 billion in the first six months of this year.
Cross-border e-commerce accelerated to boost exports

Cross-border e-commerce accelerated to boost exports

The Government, ministries, sectors, localities, and the business community have concentrated on speeding up cross-border e-commerce development in the context that exports serve as a significant growth driver of the national economy.
Vietnam earns 2.98 billion USD from rice exports in H1

Vietnam earns 2.98 billion USD from rice exports in H1

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning 2.98 billion USD, according to the Ministry of Agriculture and Rural Development.

More News

Enterprises proactively source raw materials, tuna exports will reach USD 1 billion

Enterprises proactively source raw materials, tuna exports will reach USD 1 billion

VCN - Vietnam has become the 5th largest tuna exporter on the ranking map of exporting countries, businesses expect; In 2024, tuna exports will recover and reach the USD 1 billion.
Ho Chi Minh City: Maintains the top position in exports

Ho Chi Minh City: Maintains the top position in exports

VCN - For the first time, export turnover through Ho Chi Minh City port border gates has reached approximately the same as import turnover, bringing Ho Chi Minh City to the top position in exports. This achievement is not only resulted from the support and facilitation of the authorities but also the great efforts of businesses.
Garment, textile industry urged to make change to adapt to new challenges

Garment, textile industry urged to make change to adapt to new challenges

Garment and textile enterprises must develop new management methods and renew their production technologies to well adapt to new challenges like small and rapid orders as well as labour shortages, experts have said.
Vietnam needs around 2.7 billion USD for 1 million hectare of high-quality rice project

Vietnam needs around 2.7 billion USD for 1 million hectare of high-quality rice project

Vietnam will need about 2.7 billion USD to implement its project of planting 1 million hectares of high-quality rice from now to 2030, according to an official from the Ministry of Agriculture and Rural Development (MARD).
Increase responsibility for consumer protection in the electronic environment

Increase responsibility for consumer protection in the electronic environment

VCN - Along with strong development, e-commerce has been posing many new problems and challenges for economic and social development, including in the field of protecting consumer rights.
Finding investment direction for market fluctuations

Finding investment direction for market fluctuations

VCN - Many indicators show that there are still many variables that can impact financial investment activities in the second half of 2024. However, the economy is still in recovery, so calculating and choosing investment channels appropriately, closely monitoring and evaluating new developments are important for investors to pay attention to.
Vietnam holds huge opportunity for semiconductor industry: US expert

Vietnam holds huge opportunity for semiconductor industry: US expert

Vietnam boasts a great opportunity to develop semiconductor and AI industries as it has abundant and well-trained young workforce, Dr. Richard Lawton Thurston, one of leading non-engineer semiconductor experts in the US, told Minister of Planning and Investment Nguyen Chi Dung at a meeting in Washington D.C on June 26.
Vietnam's exports surge in first half of 2024, driving trade surplus

Vietnam's exports surge in first half of 2024, driving trade surplus

Vietnam’s goods export turnover was estimated at 190.08 billion USD in the first half of 2024, a year on year rise of 14.5% and pushing up the country's trade surplus to 11.63 billion USD, reported the General Statistics Office (GSO) on June 29.
Vietnamese textiles, garments and furniture benefit from many breakthrough advantages in the global market

Vietnamese textiles, garments and furniture benefit from many breakthrough advantages in the global market

VCN - Greening the production chain, improving productivity, product quality, shifting to high-quality segments and higher added value... are being carried out by enterprises in the wood, furniture, textiles and garments, thereby bringing competitive advantages in the international market.
Read More

Your care

Latest Most read
Diversifying supply sources for businesses to participate in the global value chain

Diversifying supply sources for businesses to participate in the global value chain

VCN - In the positive results of our economy in the first 6 months of 2024, a strong recovery of export activities is recorded with an estimated turnover of nearly US$ 189 billion, an increase of 13.8% over the same period in 2023.
VN-China trade hits nearly $100 billion

VN-China trade hits nearly $100 billion

The bilateral trade between Việt Nam and China is reaching the threshold of US$100 billion in the first six months of this year.
Cross-border e-commerce accelerated to boost exports

Cross-border e-commerce accelerated to boost exports

The Government, ministries, sectors, localities, and the business community have concentrated on speeding up cross-border e-commerce development in the context that exports serve as a significant growth driver of the national economy.
Vietnam earns 2.98 billion USD from rice exports in H1

Vietnam earns 2.98 billion USD from rice exports in H1

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning 2.98 billion USD, according to the Ministry of Agriculture and Rural Development.
Enterprises proactively source raw materials, tuna exports will reach USD 1 billion

Enterprises proactively source raw materials, tuna exports will reach USD 1 billion

Vietnam has become the 5th largest tuna exporter on the ranking map of exporting countries, businesses expect; In 2024, tuna exports will recover and reach the USD 1 billion.
Mobile Version