Vietnam exports $1.2bln worth of animal feed and raw materials
China still the country’s largest market in 2023.
Topic: Raw materials for animal feed
1H exports of animal husbandry products hit $232mln
Exports up 26.5% year-on-year as market recovers.
Central highlands holds potential in animal feed materials
Despite being an agricultural country, Vietnam still outlays billions of dollars on importing raw materials for animal feed production.
7M raw material imports for animal feed hit $3.1bln
As local supply can meet just 37 per cent of raw material needs for animal feed production, import turnover for such raw materials hit $3.1 billion in the first seven months of 2022. The two main imports were corn and soybeans.