Vietnam, main trading partner of Argentine agriculture

Published 2025년 2월 24일

Tridge summary

Vietnam is the largest importer of corn and soybean meal from Argentina in 2024, receiving over six million tons of corn and 3.4 million tons of soybean meal, which is half of Argentina's exports to Southeast Asia. The exports of grains and by-products from Argentina have increased significantly in the last decade, reaching a value of 189 billion from 536 million tons. The economic growth and increasing protein consumption in Southeast Asia, especially in countries like Indonesia, the Philippines, and Vietnam, have contributed to this growth. Projections indicate that this growth trend is likely to continue, with Vietnam expected to continue as a major trading partner for Argentine agriculture.

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

Original content

Vietnam is Argentina's largest importer of corn and soybean meal in 2024, with more than six million tons of the cereal and 3.4 of flour, which represents half of the tons exported to Southeast Asia, according to Argentina's La Nación newspaper. In the last six years, Argentina exported 536 million tons of grains and by-products, reaching a value of 189 billion, according to the Rosario Stock Exchange (BCR). On average, between 2019 and 2024, excluding 2023 due to the historic drought, Argentina sent 95.9 million tons abroad annually. More than half of these exports were destined for Asia and almost a quarter were specifically directed to Southeast Asia. According to La Nación, Southeast Asia became an important destination for Argentine agricultural products during the last decade. Currently, the tonnes shipped to the eastern continent have increased by a factor of 2.7 and, in particular, exports to Southeast Asia are four times larger than in 2009. The economic growth of the ...

Source: Agromeat