List of major soybean suppliers to Vietnam

Source: congthuong.vn According to preliminary statistics from the General Department of Customs, Vietnam's soybean imports in the first 8 months of 2024 reached nearly 1.45 million tons, worth nearly 754.48 million USD, with an average price of 521.6 USD/ton, up 5.2% in volume, down 13.95% in value and down 18.2% in price compared to the first 8 months of 2023. In particular, in August 2024 alone, it reached 132,031 tons, equivalent to 66.24 million USD, with an average price of 501.7 USD/ton, down sharply by 46.3% in volume and down 46.9% in value compared to July 2024, with a slight decrease of 1.2% in price; Compared to August 2023, it also decreased by 20.5% in volume, 31.5% in value and 13.8% in price. Soybean imports in the first 8 months of 2024 in Vietnam reached nearly 1.45 million tons. Photo: Reuters In terms of market, all three soybean powerhouses are increasing exports of this commodity to Vietnam: Brazil, the US and Canada. Brazil is the largest market supplying ...