In the first quarter of 2025, Vietnam imported nearly USD 1.17 billion worth of animal feed and raw materials, marking a slight 3.3% decrease compared to the same period in 2024.
According to preliminary data from the General Department of Vietnam Customs, imports of this commodity group in March 2025 totaled approximately USD 368.03 million—down 26.3% from February 2025 and 21.3% lower than in March 2024.
Argentina emerged as Vietnam’s largest supplier of animal feed in the first three months of 2025, accounting for 42.4% of the country’s total import value in this sector.
Imports from Argentina reached nearly USD 495.56 million, representing a sharp year-on-year increase of 103.6%.
In March alone, imports from the South American country stood at USD 133.42 million—down 45.2% from February 2025, but up 17.1% compared to March 2024.
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Argentina remained Vietnam’s largest supplier of animal feed in the first quarter of 2025.
Brazil ranked second, supplying more than USD 188.15 million worth of animal feed, or 16.1% of Vietnam’s total imports in this category. This figure reflects a 3.9% decline year-on-year.
In March 2025, imports from Brazil reached USD 64.51 million—down 27.2% from February but significantly up by 66.6% compared to the same month last year.
US and FTA market animal feed imports decline sharply in Q1 2025
Meanwhile, imports from the US saw a notable drop. In March 2025, Vietnam imported USD 55.96 million worth of animal feed from the US, down 8.5% month-on-month and a sharp 54% decline year-on-year.
Overall, imports from the US in Q1 2025 reached USD 168.52 million, down 41.5% from the first quarter of 2024, and accounting for 14.4% of the total.
Imports from free trade agreement (FTA) regions also declined. Specifically, imports from RCEP countries fell 32.9% to around USD 188.05 million, representing 16% of total import value.
Imports from CPTPP markets dropped 18.5% to USD 36.06 million, accounting for 3.1%. Meanwhile, imports from Southeast Asia totaled approximately USD 81.38 million, down 4.1%, and making up 7% of Vietnam’s total animal feed imports.
