Animal feed exports see surge in H1

21/07/2021 03:18 - 30 Views

Vietnam’s animal feed exports hit nearly 523.88 million USD in the first six months of 2021, up 52.7 percent year-on-year, according to the General Department of Customs.

China remains the biggest importer of Vietnam’s animal feed, with turnover reaching 188.3 million USD in the reviewed period.

In June alone, China spent 36.62 million USD on importing animal feed from Vietnam, up 47.3 percent from the same period last year.

Vietnamese exports of animal feed to Cambodia in January-June rose 41.7 percent to 74.81 million USD, maintaining Vietnam’s second largest importer.

Meanwhile, the US surpassed India to become Vietnam’s third biggest importer of livestock feed with turnover hitting 56.42 million USD, up 20.1 percent year-on-year.

Notably, exports of to Thailand reached 15.55 million USD, increasing 100 percent compared to the same period last year.

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

Source: VietnamPlus