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    Home > Food News > Food Articles > Vietnam's import expenditure on corn in the first nine months exceeded US$2 billion

    Vietnam's import expenditure on corn in the first nine months exceeded US$2 billion

    • Last Update: 2021-11-11
    • Source: Internet
    • Author: User
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    Vietnam’s "Agricultural News" reported on October 25 that according to statistics from the General Administration of Customs of Vietnam , Vietnam imported 7.
    68 million tons of corn in the first nine months , amounting to 2.
    17 billion U.
    S.
    dollars, with an average price of 282.
    6 U.
    S.
    dollars per ton
    .
    Compared with 2020, the import volume decreased by 9.
    4% year-on-year, but the import value and average price increased by 27% and 40% respectively
    .
     
    Argentina is the largest source of corn imported by Vietnam.
    Although the corn imported by Vietnam in the first 9 months decreased by 33.
    4% compared with the same period last year, it still reached 4.
    01 million tons.
    The import value and average price rose by 0.
    3% and 50.
    6% respectively.
    Corn continues to account for 52.
    3% of Vietnam's total corn imports
    .
    Brazil and India also exported 1.
    43 million tons and 1.
    09 million tons of corn to Vietnam in the first nine months.
    In particular, the volume and value of corn exports from India to Vietnam increased significantly by 55.
    6% and 48.
    9% respectively over the same period in 2020
    .

    Customs imported corn
     
      Argentina is the largest source of corn imported by Vietnam.
    Although the corn imported by Vietnam in the first 9 months decreased by 33.
    4% compared with the same period last year, it still reached 4.
    01 million tons.
    The import value and average price rose by 0.
    3% and 50.
    6% respectively.
    Corn continues to account for 52.
    3% of Vietnam's total corn imports
    .
    Brazil and India also exported 1.
    43 million tons and 1.
    09 million tons of corn to Vietnam in the first nine months.
    In particular, the volume and value of corn exports from India to Vietnam increased significantly by 55.
    6% and 48.
    9% respectively over the same period in 2020
    .

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