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In the first half of this year, Vietnam's feed exports to China, the United States, Cambodia and other markets exceeded 500 million U.
S.
dollars
.
S.
dollars
.
According to preliminary statistics from the General Administration of Customs, the national feed export value in the first half of 2021 is approaching US$524 million, a significant increase of 52.
7% year-on-year
.
In June 2021, exports reached nearly 106 million US dollars, a year-on-year increase of 44.
3%
.
In 2020, the national feed business achieved operating income of more than 800 million US dollars, a year-on-year increase of 16.
9%
.
7% year-on-year
.
In June 2021, exports reached nearly 106 million US dollars, a year-on-year increase of 44.
3%
.
In 2020, the national feed business achieved operating income of more than 800 million US dollars, a year-on-year increase of 16.
9%
.
In the first half of 2021, Vietnam’s exports to China exceeded US$188 million, a significant year-on-year increase of 124.
3%, accounting for 35.
9% of the country’s total feed exports, becoming Vietnam’s largest feed export market
.
3%, accounting for 35.
9% of the country’s total feed exports, becoming Vietnam’s largest feed export market
.
Vietnam's second largest export market for feed-Cambodia's export value reached 74.
81 million US dollars, an increase of 41/7% year-on-year, accounting for 14.
2% of total exports
.
81 million US dollars, an increase of 41/7% year-on-year, accounting for 14.
2% of total exports
.
The United States surpassed India to become Vietnam's third largest feed export market, with an export value of 56.
42 million US dollars, a year-on-year increase of 20.
1%
.
42 million US dollars, a year-on-year increase of 20.
1%
.
Vietnam's animal feed market with a scale of 10-12 billion U.
S.
dollars is becoming a "fertile ground" for feed companies
.
According to data from the Ministry of Agriculture and Rural Development, among the current 265 animal feed producers, there are 85 foreign-funded producers, but their products account for 65% of the market share; the remaining 180 domestic-funded producers only account for 35 percent of the market share.
%
.
(Finish)
S.
dollars is becoming a "fertile ground" for feed companies
.
According to data from the Ministry of Agriculture and Rural Development, among the current 265 animal feed producers, there are 85 foreign-funded producers, but their products account for 65% of the market share; the remaining 180 domestic-funded producers only account for 35 percent of the market share.
%
.
(Finish)
