May 17, 2025 | 17:28 GMT +7
Hotline: 0913.378.918
May 17, 2025 | 17:28 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) In the face of counterfeit and imitation products, Khanh Hoa Salanganes Nest Company hopes for the prompt completion of the legal framework, strict enforcement against violations, and protection of the bird’s nest brand.
(VAN) Japan's efforts to lower the price of rice through the release of its stockpile may finally be making some progress, albeit at a snail's pace.
(VAN) U.S. tariffs are not only a 'shock', but also an opportunity for Vietnamese businesses to renew their mindset toward comprehensive development.
(VAN) As Bac Giang lychee enters the harvest season, Minister Do Duc Duy expects that the fruit will contribute greatly to agricultural exports due to standardized production and deep processing.
(VAN) Consumers have shown a preference for free-range eggs, but those farming systems are more vulnerable to biosecurity risks like bird flu.
/2025/05/09/5701-1-184335_301.jpg)
(VAN) Vietnam’s eel exports nearly doubled thanks to a mud-free farming model, opening up new prospects while still facing numerous barriers related to international standards.
(VAN) Minister Do Duc Duy warned that if production is not professionalized and supply chains are not transparent, the U.S. market could become a growth bottleneck.
