# Việt Nam's animal feed imports jump to $3.1b

> Vietnam's animal feed raw material imports reached $3.1 billion in the first seven months of 2022, with corn and soybeans accounting for about $2.7 billion. Corn imports were 5.1 million tonnes, down 21.9% by volume, while soybean imports were 1.3 million tonnes, flat by volume.

- Date: 2022-08-24 · published 2022-08-24T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40155-viet-nam-s-animal-feed-imports-jump-to-3-1b
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Vietnam relies on imports for about two-thirds of its corn and soybean needs, so steady import demand supports Brazilian and US export flows, though lower corn volumes point to softer near-term buying.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-06 | [China Diversifies Ag Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14945-china-diversifies-ag-imports-u-s-gets-smaller-piece-feed-and-grain.md) | -1.9% | -6.1% |
| CORN | 2019-12-27 | [Imports gain momentum as organic feed markets flounder \| Feed Strategy](https://feedsoft.ai/events/55646-imports-gain-momentum-as-organic-feed-markets-flounder-feed-strategy.md) | -0.3% | +0.4% |
| CORN | 2018-08-10 | [China expects its U.S. agricultural imports to fall sharply - Grainews](https://feedsoft.ai/events/63520-china-expects-its-u-s-agricultural-imports-to-fall-sharply-grainews.md) | -7.5% | -9.1% |
| CORN | 2017-04-14 | [China’s corn imports to go through seamless drop - Food & Agribusiness](https://feedsoft.ai/events/71365-china-s-corn-imports-to-go-through-seamless-drop-food-and-agribusiness.md) | -2.5% | +0.8% |
| CORN | 2020-07-30 | [China needs 'explosive' buying to meet U.S. farm import target](https://feedsoft.ai/events/51979-china-needs-explosive-buying-to-meet-u-s-farm-import-target.md) | -0.7% | +6.3% |
| SOY | 2022-04-06 | [China Diversifies Ag Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14945-china-diversifies-ag-imports-u-s-gets-smaller-piece-feed-and-grain.md) | +2.4% | +2.4% |
| SOY | 2016-12-14 | [India’s soymeal exports to hit 3-year high as soybean output jumps – Customs Today Newspaper](https://feedsoft.ai/events/73549-india-s-soymeal-exports-to-hit-3-year-high-as-soybean-output-jumps-customs.md) | -2.2% | +0.4% |
| SOY | 2025-05-01 | [EU tariffs to curb US corn imports, soy at lower risk for now](https://feedsoft.ai/events/25117-eu-tariffs-to-curb-us-corn-imports-soy-at-lower-risk-for-now.md) | -0.4% | +1.6% |

## Sources

- einpresswire.com: https://www.einpresswire.com/article/587514447/vi-t-nam-s-animal-feed-imports-jump-to-3-1b

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