Source: congthuong.vn
According to preliminary statistics of General Department of Customsturnover export The country’s livestock feed in the first 11 months of 2023 will reach over 1.11 billion USD, an increase of 7% compared to the first 11 months of 2022.
Of which, November 2023 alone reached 98.53 million USD, down 16.3% compared to October 2023 but up 12.6% compared to November 2022.
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| Animal feed exports in the first 11 months of 2023 increase nearly 7% |
Exporting livestock feed to the Chinese market – the largest market, in November 2023 decreased by 28% compared to October 2023 but increased by 12% compared to November 2022, reaching over 43.47 million USD, cumulatively. Estimated export turnover to this market in the first 11 months of 2023 will reach 539.75 million USD, a sharp increase of 32.9% over the same period in 2022, accounting for 48.6% of the country’s total export turnover of this product group. .
Animal feed exports to Cambodia – the second largest market – increased by 0.9% over the same period, reaching 155.55 million USD, accounting for 14% of total turnover; In November 2023 alone, it increased by 24.5% compared to October 2023 but decreased by 12% compared to November 2022, reaching 12.45 million USD.
The Malaysian market ranked third in turnover, reaching 108.65 million USD, up 30.2% over the same period; In November 2023 alone, animal feed exports to this market decreased by 26.9% compared to October 2023 and decreased by 0.1% compared to November 2022, reaching 9.46 million USD.
Animal feed exports to the FTA – RCEP market reached 915.67 million USD, up 16.6% over the same period, accounting for 82.4% of the total turnover. Export of animal feed to FTA and CPTTP markets reached 132.98 million USD, an increase of 10.2%, accounting for 12%. Animal feed exports to Southeast Asia market reached 329.99 million USD, up 2.5%, accounting for 29.7%.
