# Vietnam becomes China’s second largest fishmeal supplier

> Tridge reports that Vietnam has become China's second-largest fishmeal supplier, with Chinese fishmeal imports projected to fall 9% to 1.65 million tonnes in 2023. Imports from Peru dropped 51% due to El Niño, while purchases from Russia, Thailand and India rose.

- Date: 2024-03-05 · published 2024-03-05T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/31279-vietnam-becomes-china-s-second-largest-fishmeal-supplier
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

China is diversifying fishmeal sourcing away from Peru, which shifts trade flows but reflects tight Peruvian supply that supports global fishmeal prices.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/vietnam-becomes-chinas-second-largest-fishmeal-sup

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.