Vietnam: Wheat imports in the first 2 months of 2023 increased slightly

Published 2023년 3월 22일

Tridge summary

In February 2023, Vietnam saw a significant increase in wheat imports, with a total of 384,070 tons imported at a value of 142.8 million USD, a 62.4% increase in value and a 1.6% increase in price compared to the previous month. The first two months of 2023 witnessed a 6.5% increase in volume and a 9.2% increase in turnover in wheat imports, reaching a total of 620,547 tons. Australia and Brazil were the main suppliers, contributing to nearly half of the total volume and turnover, while imports from the US experienced a dramatic decrease.

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

Original content

According to preliminary statistics of the General Department of Customs, in February 2023, the whole country imported 384,070 tons of wheat, equivalent to 142.8 million USD, the average price was 371.8 USD/ton, a sharp increase of 62.4% in terms of value. volume, an increase of 65% in turnover and an increase of 1.6% in price compared to January 2023. Compared to February 2022, it also increased by 55.2% in volume, increased by 51.2% in turnover but decreased by 2.6% in price. Generally, in the first 2 months of 2023, the country's wheat imports reached 620,547 tons, equivalent to over USD 229.33 million, up 6.5% in volume, up 9.2% in turnover compared to 2 months. In early 2022, the average price reached 369.6 USD/ton, up 2.5%. In February 2023, wheat imports from the main market Australia increased sharply by 98.6% in volume and 96.8% in turnover, but decreased by 0.9% in price compared to January 2023, reaching 224,188 tons. , equivalent to 80.84 million USD, price 360.6 ...

Source: Vinanet