Soybean import market of Vietnam in 6 months of 2023

Published 2023년 7월 25일

Tridge summary

Preliminary statistics from the General Department of Customs reveal that soybean imports to Vietnam in June 2023 increased by 70.6% in volume and 62.2% in turnover compared to May 2023. However, the price decreased by 4.9%. From January to June 2023, the country imported 1.12 million tons of soybeans, valued at nearly $728.13 million, with the average price decreasing by 4.6% compared to the same period in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: iasvn.org According to preliminary statistics of the General Department of Customs, soybean imports in June 2023 reached 240,419 tons, equivalent to 140.15 million USD, the average price was 583 USD/ton, up 70.6% in volume and 62.2% in turnover compared to May 2023, but the price decreased by 4.9%; Compared to June 2022, it also increased by 107.6% in volume, increased by 63.9% in turnover but decreased by 21% in price. Generally in the first 6 months of 2023, the whole country imported 1.12 million tons of soybeans, worth nearly 728.13 million USD, with the average price of 651.2 USD/ton, up 8.4% in volume, up 3.4% in turnover but down 4.6% in price compared to the first 6 months of 2022. Soybean imports to Vietnam from the US market the most, in June 2023 continued to plummet by nearly 58% in both volume and turnover compared to May 2023, the price decreased slightly by 0.03%, reaching 23,466 tons, equivalent to 15.09 million USD, priced at 642.9 USD/ton; Generally, in ...

Source: AgroInfo.vn