2022
Exports
$334MWorld Rnk 6 / 126
Flag Rnk 166 / 1176
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets
-1.49Rnk 946 / 1025
2022
Imports
$626MWorld Rnk 2 / 173
Flag Rnk 117 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $334M in Animal Meal and Pellets, making it the 6th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 166th most exported product in Vietnam. The main destination of Animal Meal and Pellets exports from Vietnam are: China ($275M), Thailand ($17M), South Korea ($8.17M), Japan ($8.11M), and Malaysia ($7.9M).

The fastest growing export markets for Animal Meal and Pellets of Vietnam between 2021 and 2022 were China ($94.2M), Japan ($2.31M), and South Korea ($2.11M).

Imports In 2022, Vietnam imported $626M in Animal Meal and Pellets, becoming the 2nd largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 117th most imported product in Vietnam. Vietnam imports Animal Meal and Pellets primarily from: United States ($100M), India ($68.4M), Brazil ($43.8M), South Korea ($31.9M), and Peru ($29.4M).

The fastest growing import markets in Animal Meal and Pellets for Vietnam between 2021 and 2022 were India ($32.3M), Brazil ($24.2M), and Argentina ($10.7M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Meal and Pellets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$334M
IMPORTS (2022)$626M
NET TRADE (2022)-$292M

In 2022, Vietnam exported $334M in Animal Meal and Pellets. The main destinations of Vietnam exports on Animal Meal and Pellets were China ($275M), Thailand ($17M), South Korea ($8.17M), Japan ($8.11M), and Malaysia ($7.9M).

In 2022, Vietnam imported $626M in Animal Meal and Pellets, mainly from United States ($100M), India ($68.4M), Brazil ($43.8M), South Korea ($31.9M), and Peru ($29.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$94.2M (52.1%)
Japan$2.31M (39.8%)
South Korea$2.11M (34.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Vietnam WERE (2021 - 2022):
Thailand-$3.11M (-15.4%)
Zambia-$386k (-100%)
United States-$223k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Animal Meal and Pellets were:
In 2022, Vietnam's main importing competitors in Animal Meal and Pellets were:
China $2.9B

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60.9M
TOP IMPORT POTENTIALPeru+ $7.55M

Animal Meal and Pellets’s highest export potential is China. With an export gap of $60.9M.   Animal Meal and Pellets’s highest import potential is Peru with an import gap of $7.55M.

See methodology.

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