Animal feed exports increase 22 percent

Vietnam exported 205 million USD of animal feed and animal-feed raw materials in the first half of the year, an increase of 22.1 percent year-on-year, according to the General Department of Customs.
Vietnam exported 205 million USD of animal feed and animal-feed rawmaterials in the first half of the year, an increase of 22.1 percentyear-on-year, according to the General Department of Customs.

Duringthis period, China was the largest importer of Vietnam's animal feedand raw materials with an import value of 62.3 million USD, followed byCambodia with 45.8 million USD, Malaysia with 26.6 million USD and Japanwith 18.3 million USD.

Vietnam's companies have exported animal feed and raw materials to more than 10 markets, mostly in Asia.

TheUS was the only market outside Asia that imported Vietnam's animal feedand raw materials. The US imported 756,000 USD of Vietnam's animal feedand raw materials.

A large quantity of the exported animal feedand raw materials are being temporarily imported for re-export, PhamDuc Binh, Deputy Chairman of the Vietnam Animal Feed Association, wasquoted as saying in the Nong Nghiep Viet Nam (Vietnam Agriculture)newspaper.

Many companies have imported raw materials like soybeans and then re-exported them to other countries, he explained.

However, animal feed and raw materials produced in Vietnam accounted for a significant amount of these exports, he said.

Accordingto Vietnam's animal feed producers, Cambodia is the export market withthe most potential for made-in-Vietnam animal feed and raw materials.

Cambodia's livestock sector is developing, but the country's animal feed industry has not met domestic demand, they said.-VNA

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