Vietnam: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   VM2023-0056

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

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Vietnam: Oilseeds and Products Update

After slow growth during the first half of 2023, Vietnam’s economy is on a path to recovery. Post has revised Vietnam’s feed consumption forecast to 26.6 MMT in MY2022/23 matching levels in MY2021/22. Post continues to forecast soybean imports increasing in both MY2022/23 and MY2023/24 for both crush and food consumption. Soybean meal imports are forecast to decrease to 4.9 MMT in MY 2022/23.

East Asia and the Pacific, Vietnam
Oilseeds, Soybean Meal, Soybeans

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