Which market supplies the most corn to Vietnam in the first 9 months of 2024?

Published 2024년 10월 17일

Tridge summary

Vietnam's corn imports reached over 8.08 million tons in the first 9 months of 2024, with Argentina being the largest supplier and the average price per ton being 245.4 USD. Import volumes and values from other markets such as Thailand, Laos, and India saw varying changes compared to the previous year. The Ministry of Agriculture and Rural Development emphasized the importance of corn in the livestock and poultry industry, which requires nearly 40% of the animal diet. To reduce reliance on imported corn, experts recommend investing in research for high-yield, disease-resistant corn varieties, advancing cultivation technologies, and implementing policies to support farmers in accessing capital, technology, and markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn According to preliminary statistics from the General Department of Customs, corn imports of all kinds in the first 9 months of 2024 reached over 8.08 million tons, worth over 1.98 billion USD, with an average price of 245.4 USD/ton, up 24.3% in volume, but down 2.3% in turnover and down 21.4% in price compared to the first 9 months of 2023. Of which, in September 2024 alone, it reached 1.15 million tons, equivalent to 268.43 million USD, with an average price of 232.9 USD/ton, down 3.1% in volume, down 5.6% in turnover and down 2.6% in price compared to August 2024; Compared to September 2023, it increased by 0.05% in volume, but decreased by 14.9% in turnover and 15% in price. Argentina is the largest corn supplier to Vietnam in the first 9 months of 2024. Photo: congthuong.vn Argentina is the largest corn supplier to Vietnam in the first 9 months of 2024, accounting for 57% of the total volume and 56% of the total corn import turnover of the country, ...
Source: AgroInfo.vn

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