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Vietnam’s animal feed, raw material imports reach 4.27 billion USD

Vietnam spent a total of 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year, down 5.2% year-on-year, according to the Vietnam Customs.
Vietnam’s animal feed, raw material imports reach 4.27 billion USD ảnh 1Vietnam spends 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year (Photo: congthuong.vn)
Hanoi (VNA) – Vietnam spent a total of 4.27 billion USD importing animalfeed and raw materials in the first 10 months of this year, down 5.2%year-on-year, according to the Vietnam Customs.

In October alone, the import value reached451.5 million USD, up 7.5% month-on-month and 12.6% year-on-year.

With 1.21 billion USD in theJanuary-October period, Argentina was Vietnam’s biggest exporter of animal feedand raw materials, accounting for 28.2% of the Southeast Asian country’s totalimport value of these products. It was followed by Brazil (19.1%), and the US(14.1%).

In the period, Vietnam spent 261 millionUSD buying animal feed and raw materials from the Southeast Asian market, down15% year-on-year./.
VNA
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