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September 9, 2014

 

Vietnam now lists animal feed as major export

 
 

Animal feed is now one of Vietnam's leading exports, according to data released by the country's customs department recently.


From January to mid-July this year, the customs agency said, Vietnam's animal feed exports had reached nearly US$230 million.


At the end of June 2014, feed exports already stood at US$205 million, 22.1 per cent year-on, according to Vietnam's General Department of Custom.


These exports went to 13 countries, mostly in Asia, the department said.


As of mid-July, China was the largest market with imports of more than US$62 million. This was followed by Cambodia at nearly US$46 million, Malaysia at US$26 million, Japan at US$20 million, South Korea at US$10 million, and India at US$9 million), the department said.


The US was the only country outside Asia that imported animal feed and raw materials from Vietnam, buying close to US$800,000 worth during the six-and-a-half-month period.


Pham DucBinh, deputy chairman of the Viet Nam Animal Feed Association, said a big chunk of these exports was re-exported by the importing countries.


Many of these countries, according to him, imported raw materials like soybeans, which they later sold to other countries.


Vietnam's Ministry of Agriculture and Rural Development (MARD), which sees the country becoming one of the world's leading cattle feed exporters in the near future, said Vietnam's feed exporters had regular orders from buyers overseas.


One such company, Viet Nong Lam Ltd Company, produces cattle feed from sweet corn and other materials for export to South Korea and Japan. Orders from these two countries are for thousands of tonnes a month, Viet Nong Lam officials said.


Although Cambodia's current agricultural exports remain low, the ministry sees it as a potential market for cattle feed. At the moment, Cambodia's feed importsare mostly for ducks and pigs.


Pham DucBinh, deputy chairman of the Cattle Feed Association, said Cambodia'scattle production has been on the upswing in recent years.


The country'sfeed production for cattleand other animals has not been able to meet local demand. Vietnam, he said,can take advantage of this opportunity.


In fact, some Vietnamese businesses have seized this opportunity by building feed factories in Cambodia.  They are taking advantage as well of the country's cheap raw materials like rice bran, sweet corn, and cassava.


One of these companies, Vietnamese-French Cattle Feed Join-Stock Company (Proconco), has a plant in Cambodia that produces more than 30,000 tonnes of animal feed a year.

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