Vietnam’s animal feed exports to China doubled in the first seven months of 2021

According to the General Department of Vietnam Customs, Vietnam’s animal feed exports hit US$ 617.63 million in the first seven months of 2021, up 46.7 per cent compared to the same period of last year.

China remains the biggest importer of Vietnam's animal feed and materials for animal feed production.

With turnover reaching $ 221.12 million, the animal feed exports from Vietnam to China increased 109 per cent in the last seven months or doubled the figure of the same period of last year.

The exports to China accounted for 35.8 per cent of the country’s total animal feed exports.

Cambodia is now Vietnam’s second-largest importer with a turnover of $90.16 million in the first seven months of 2021, up 36 per cent compared with that of the same period last year.

The exports to Cambodia accounted for 14.6 per cent of Vietnam’s total animal feed exports.

Meanwhile, the US became Vietnam’s third-biggest importer of livestock feed with turnover hitting $67.39 million, up 16 per cent year-on-year and accounting for 10.9 per cent of Vietnam’s total animal feed exports.

 Last year, Vietnamese exports of animal feed to China topped $211.23 million, a yearly increase of 16 per cent. Meanwhile, the figures to Cambodia and the US hit $122.3 million and $114.5 million, year-on-year increases of 23 per cent and 125 per cent increases, respectively.