Argentina is one of the five main markets supplying corn to Vietnam

Published 2024년 8월 20일

Tridge summary

In the first seven months of 2024, Vietnam saw a significant increase in corn imports, with a total of 5.74 million tons imported at a cost of 1.43 billion USD, a 34% increase in volume and a 1.9% increase in value compared to the same period in the previous year. Arguments is the largest supplier of corn to Vietnam, contributing to 55.5% of the total volume imported. The average price per ton of corn imported in this period decreased by 24% compared to the same period in the previous year. Other significant suppliers include Brazil, Thailand, and Laos. The volume and value of corn imports from India saw a dramatic decrease but the average price per ton increased significantly.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn According to the General Department of Customs, in the first 7 months of 2024, Vietnam spent 1.43 billion USD to import 5.74 million tons of corn from the world. Compared to the same period last year, the volume and value of corn imports increased by 34% and 1.9%, respectively. The difference is due to the decrease in corn import prices from 328.1 USD/ton in the same period last year to 249 USD/ton in this period, a decrease of 24% compared to the same period last year. Argentina is the largest market supplying corn to Vietnam in the first 7 months of 2024, accounting for 55.5% of the total volume In general, in the first months of 2024, the amount of corn imported from the world recorded an increase. In particular, May increased by 89% compared to the same period last year, July also increased by 49% compared to the same period last year. January and February are the months with the highest corn import volume of over 900,000 tons/month. Of which, July 2024 ...
Source: AgroInfo.vn

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