July 9, 2025 | 23:55 GMT +7
Hotline: 0913.378.918
July 9, 2025 | 23:55 GMT +7
Hotline: 0913.378.918
Export of animal feed and raw materials increased sharply in the first quarter. Photo: TL.
According to the Industry and Trade Information Centre (Ministry of Industry and Trade), the export of animal feed and raw materials to the US market in March 2022 reached $12.29 million, up 37% compared to February 2022 and an increase of 30% compared to March 2021.
Generally speaking for the whole first quarter, export of animal feed and raw materials to the US market reached $31.22 million, increased sharply by 31.9% compared to the first quarter of 2021 and accounted for 11.5% of the total turnover.
According to the General Department of Customs, in the first quarter of this year, the export of animal feed and raw materials reached $272.55 million, increasing strongly by 35.5% compared to the same period last year.
China is still the largest market for Vietnam's animal feed and raw materials, reaching over $125.18 million, a sharp increase of 140.8% compared to the first quarter of 2021 and accounting for 45.9% of the total export turnover of this group of merchandise of the country.
The following market is Cambodia, which accounted for 11.7%, reaching nearly $31.88 million, down 5.3%. The US is currently the third-largest market for Vietnam's animal feed and raw materials exports.
Translated by Hoang Duy
(VAN) Squid and octopus exports have accelerated since the beginning of the year, with expectations to reach the USD 700 million milestone, driven by recovering demand and positive signals from both traditional and emerging markets.
(VAN) Shrimp export growth in May was positive, but businesses are concerned that the recovery momentum in the second half of the year may stall due to uncertainty surrounding U.S. tax policy.
(VAN) To enable Vietnamese fruits to reach further and enter more markets beyond China, specific solutions in production and market development are needed.
(VAN) Vietnamese rubber products that comply with the EU Deforestation Regulation (EUDR) are currently enjoying favorable market demand.
(VAN) Many farmers in Lam Dong province have gained the confidence to tap into even the most demanding markets by growing dragon fruit in accordance with GlobalGAP standards.
(VAN) Minister Do Duc Duy affirmed that Ministry of Agriculture and Environment will coordinate with the Italian side to resolve technical obstacles and promote bilateral trade.
(VAN) Thailand's durian exports to China fell by approximately 3% from January to June 2025 compared to the same period last year, according to data from Thailand's Department of Agriculture as reported by Bangkokbiznews.
