Vietnam: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   VM2023-0056

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.

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