The situation of importation feed and feed ingredient in May 2014
In May 2014, Vietnam imports USD 280 million of feed and feed ingredients, a 0.2% decrease compared with the same period last year. The value of feed imports has reached USD 1.2 billion in five months of this year. The main markets exports this goods into Vietnam are Argentina (28%), The US (18.6%) and China (9.85%).
The volume of soybean imports has reached 197,000 tonnes in May 2014, the value of USD116 million; that make the volume soybean imports in five first month of 2014 to reach 809,000 tonnes, the value of USD 474 million, a 49% increase of volume compared to 2013.
Corn imports have reached 231,000 tonnes in May 2014, the value of USD 59 million. The volume of corn imports in five first months of this year is 2.23 million tonnes, the value of USD 575 million, a 2.7 times higher than the same period last year.