In the first half of 2023, Vietnam spent $3.4 billion on importing animal feed ingredients

Published 2023년 7월 12일

Tridge summary

Vietnam imported 8.2 million tons of animal feed and feed ingredients in the first half of 2023, a decrease of 3.3% in volume and 7.9% in value compared to the same period last year. The decrease in imports is attributed to the higher prices of feed ingredients, prompting businesses to seek domestic alternatives. The Department of Livestock Production detected administrative violations in the quality of imported and domestic animal feed, issuing fines and taking measures to improve quality control.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn According to the Department of Livestock Production (Ministry of Agriculture and Rural Development), in the first 6 months of 2023, Vietnam imported 8.2 million tons of animal feed and feed ingredients (equivalent to 3.4 billion USD). , down 3.3% in volume and 7.9% in value over the same period in 2022. Some main imported materials: corn kernels 3.3 million tons (equivalent to 1.1 billion USD); oil dry of all kinds 2.3 million tons (equivalent to 1.1 billion USD); wheat and barley 978 thousand tons (equivalent to 321 million USD); DDGS (dry wine residue) 450 thousand tons (equivalent to 166 million USD); bran of all kinds 285 thousand tons (equivalent to 70 million USD); rice, broken 237 thousand tons (equivalent to 79 million USD); supplementary feed 190 thousand tons (equivalent to 232 million USD)… The decrease in the quantity of imported raw materials is due to the increase in the price of imported feed ingredients, so businesses have sought alternative ...
Source: AgroInfo.vn

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