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.
During this period, China was the largest importer of Vietnam's animal feed and raw materials with an import value of 62.3 million USD, followed by Cambodia with 45.8 million USD, Malaysia with 26.6 million USD and Japan with 18.3 million USD.
Vietnam's companies have exported animal feed and raw materials to more than 10 markets, mostly in Asia.
The US was the only market outside Asia that imported Vietnam's animal feed and raw materials. The US imported 756,000 USD of Vietnam's animal feed and raw materials.
A large quantity of the exported animal feed and raw materials are being temporarily imported for re-export, Pham Duc Binh, Deputy Chairman of the Vietnam Animal Feed Association, was quoted 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.
According to Vietnam's animal feed producers, Cambodia is the export market with the 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
During this period, China was the largest importer of Vietnam's animal feed and raw materials with an import value of 62.3 million USD, followed by Cambodia with 45.8 million USD, Malaysia with 26.6 million USD and Japan with 18.3 million USD.
Vietnam's companies have exported animal feed and raw materials to more than 10 markets, mostly in Asia.
The US was the only market outside Asia that imported Vietnam's animal feed and raw materials. The US imported 756,000 USD of Vietnam's animal feed and raw materials.
A large quantity of the exported animal feed and raw materials are being temporarily imported for re-export, Pham Duc Binh, Deputy Chairman of the Vietnam Animal Feed Association, was quoted 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.
According to Vietnam's animal feed producers, Cambodia is the export market with the 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
