Export of animal feed and raw materials increased sharply in the first quarter. Photo: TL .
According to the Industry and Trade Information Center (Ministry of Industry and Trade), the export of animal feed and raw materials to the US market in March 2022 reached US$ 12.29 million, up 37% compared to February. 2022 and an increase of 30% compared to March 2021.
For the whole first quarter, the export of animal feed and raw materials to the US market reached 31.22 million USD, increased sharply by 31.9% compared to the first quarter of 2021 and accounted for 11.5% of the total turnover.
China is still the largest market for Vietnam's animal feed and raw materials, reaching over 125.18 million USD, a sharp increase of 140.8% compared to the first quarter of 2021 and accounting for 45.9% of the total consumption. total export turnover of this commodity group of the country.
Followed by Cambodia market accounted for 11.7%, reaching nearly 31.88 million USD, down 5.3%. The US is currently the third largest market for Vietnam's animal feed and raw materials exports.
Source: Son Trang
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