Vietnam's soybean imports in the first 7 months of 2023 decreased in both volume and value

According to preliminary statistics of the General Department of Customs, soybean imports in July 2023 reached 90,375 tons, equivalent to 51.97 million USD, the average price was 575 USD/ton, down 62.4% in volume and down 62 .9% turnover compared to June 2023, the price decreased by 1.4%; compared to July 2022, there was also a sharp decrease in both volume, turnover and price, with a corresponding decrease of 54.5%, 65.3% and 23.8%. In the first 7 months of 2023, the whole country imported nearly 1.21 million tons of soybeans, worth nearly 780.1 million USD, the average price was 645.5 USD/ton, down 1.7% in volume, down 8.7 % turnover and 7% decrease in price compared to 7 months of 2022. Soybean imports to Vietnam from the Brazilian market the most, in July 2023 fell sharply by nearly 59.6% in volume and 60.7% in turnover compared to June 2023, the price decreased slightly by 2.8%. , reaching 70,969 tons, equivalent to 38.87 million USD, priced at 547.7 USD/ton; Generally, in ...