Vietnam’s feed industry strengthens on export breakthrough

Domestic production continues to match the needs of key livestock sectors while ensuring a steady inflow of imported raw materials to safeguard supply chains.

Sector breakdown:

• Swine feed: Reached 11.59 million tons (52.3% market share), maintaining its position as the largest segment.
• Poultry feed: Produced 9.82 million tons (44.4% market share).
• Ruminant and other feeds: Accounted for 707,000 tons.

Import activity:

• Total import volume reached 24.78 million tons, valued at USD 8.22 billion.
• While volume saw a slight uptick, the total value trended downward as global commodity prices softened.
• Corn and soybean meal remain the primary imported staples.

Price trends:

• Notably, soybean meal prices plunged by 17.8%, and DDGS dropped by 7.2% compared to 2024.
• Consequently, retail prices for compound swine and broiler feed decreased by 2.5% to 3.5%, directly easing the burden of input costs for producers.

Export surge and sustainable governance

The standout achievement of 2025 is the breakthrough in export performance and the regulatory push for localized supply chains:

• Record exports: Export turnover for animal feed and raw materials hit USD 1.6 billion, a staggering 45% increase over 2024. The signing of the protocol for rice bran exports to China has been a catalyst, granting market access to 12 Vietnamese enterprises with a projected capacity of 1.2 million tons per year.
• Policy support: The Government issued Decree 73/2025/ND-CP, which provides import tax exemptions and reductions for corn and soybean meal. Furthermore, new policies encourage the processing of domestic agricultural by-products (such as bagasse and rice bran) to reduce reliance on foreign markets.
• Digital transformation and oversight: The livestock sector is accelerating the integration of its national database and intensifying quality control measures. Throughout the year, 14 inspection task forces were deployed to ensure food safety and market transparency.

With the synergy of favorable raw material prices and expanded export capabilities, Vietnam’s feed industry is solidifying its role as the backbone of the nation’s sustainable agricultural development.