The situation of importation feed and feed ingredient in May 2014
- By AAC
- 27 May 2014
In May 2014, Vietnam imports USD 280 million of feed and feed ingredients, a 0.2% decrease compared with the same period last year. The value of feed imports has reached USD 1.2 billion in five months of this year. The main markets exports this goods into Vietnam are Argentina (28%), The US (18.6%) and China (9.85%).
The volume of soybean imports has reached 197,000 tonnes in May 2014, the value of USD116 million; that make the volume soybean imports in five first month of 2014 to reach 809,000 tonnes, the value of USD 474 million, a 49% increase of volume compared to 2013.
Corn imports have reached 231,000 tonnes in May 2014, the value of USD 59 million. The volume of corn imports in five first months of this year is 2.23 million tonnes, the value of USD 575 million, a 2.7 times higher than the same period last year.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China livestock industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.