Vietnam: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   VM2024-0004

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Office of Agricultural Affairs, Hanoi   |   (011-84-24) 3850-5000 x 6106

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Vietnam: Oilseeds and Products Annual
Vietnam’s economy is on the path to recovery. Post revises Vietnam’s MY2022/23 soybean meal consumption down to 5.65 MMT due to lower aquaculture feed consumption and forecasts an increase to 5.85 MMT in MY 2023/24. Post forecasts an increase in soybean imports in both MY2023/24 and MY2024/25 for both crush and food use. Soybean meal imports are forecast to decrease to 4.7 MMT in MY 2024/25 due to higher domestic crush.
East Asia and the Pacific, Vietnam
Oilseeds, Soybean Meal, Soybeans

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