Animal feed imports continue to rise in Vietnam

According to the General Department of Customs (GDC), the import turnover of animal feed and raw materials reached nearly US$4.14 billion in the past 10 months in Vietnam, up 29 per cent on the same period in 2020. The GDC estimates that this number will continue to grow, providing opportunities for corn and fermented by-products (DDGS) exporters around the world to increase their trade with Vietnam. In the first 10 months of 2021, the biggest importer for Vietnam was Argentina with 35 per cent of the market, reaching $1.45 billion,…