June 10, 2025

Vietnam's animal feed imports down 6.9% in Q1 2025

In the first four months of 2025, Vietnam's total import value of animal feed and raw materials is down 6.9% from the same period in 2024.

According to preliminary data from the General Department of Vietnam Customs, in April 2025, the import value of animal feed and raw materials reached nearly US$ 408.36 million, an increase of 11% compared to March 2025, but a decrease of 18.1% compared to April 2024.

Overall, during the first four months of 2025, total import turnover of this commodity group exceeded US$ 1.57 billion, down 6.9% from the same period in 2024.

Argentina – the largest importer to Vietnam: 

    •  Import value in the first four months: US$ 682.78 million.

    •  Accounted for 43.5% of Vietnam's total animal feed import turnover.

    •  In April 2025 alone: US$ 187.21 million, up 40.3% from March 2025 and 29.2% from April 2024.

Brazil – the second largest importer:

    •  Import value in the first four months: US$ 233.9 million.

    •  A slight increase of 1.2% year-on-year.

    •  Accounted for 14.9% of the total.

    •  In April 2025: US$ 52.15 million, down 19.2% from the previous month but up 46.2% from

United States – the third largest market importer:

    •  Import value in the first four months: U$D 227.06 million.

    •  A sharp decline of 46.6% compared to the same period in 2024.

    •  Accounted for 14.5% of the total.

    •  In April 2025: US$ 58.52 million, up 4.6% from March 2025 but down 57.3% compared to April 2024.
  

Although the total import turnover of animal feed in April showed a slight recovery compared to the previous month, the sharp year-on-year decline indicates that domestic demand continues to be affected by several factors, including high production costs, large inventories, and sluggish consumption.

In May, at the recent conference titled 'Developing Vietnam's Poultry Industry in a Sustainable Value Chain', Nguyễn Thanh Sơn, Chairman of the Vietnam Poultry Association, emphasised that in the face of market fluctuations, the poultry sector needs a long-term strategy focused on sustainability and enhancing competitiveness both domestically and internationally.

-      aviNews