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Soybean · importers

Soybean Importers in Vietnam

Vietnam ranks eighteenth of 96 at $1.8B in the oil seeds chapter, and a growing livestock and aquaculture sector gives its feed industry weight.

$1.8BHS 12 imports, 2023
#18 of 96Rank among reporting markets
0.5%Share of all imports

Largest importers in the dataset, for context

MarketHS 12 imports
China$61.5B
Germany$7.1B
Japan$5.3B
Mexico$4.9B
Netherlands$4.2B

Read the figures correctly

Figures are for the whole of HS chapter 12 (oil seeds and oleaginous fruits); soybean is only part of it. Source: UN Comtrade, as reported by national authorities; latest available year per market.

Eighteenth, alongside Taiwan and the UK

Taiwan is above and the United Kingdom below, all at $1.8B when rounded. Vietnam’s 1.3% share of reported world imports is the same as theirs. The chapter is 0.5% of the country’s $325.4B imports and ranks 27th among its import chapters.

Electrical machinery at $112.7B, mineral fuels at $25.7B and industrial machinery at $23.3B lead the bill.

Feed mills and aquaculture

Demand for protein meal comes from poultry, pig and fish farming, and beans or meal are imported to supply the feed mills. A seller should ask whether the buyer imports whole beans for its own crushing, or buys meal, and what protein and moisture specification its formulas need.

Hot, humid conditions make storage quality a real concern, so cargo condition on arrival matters. Ask the mill how long it holds stock, whether it fumigates on arrival and how often it tests incoming lots, because those answers show how much margin for error a cargo has once it is discharged.

  • Beans or meal
  • Protein and moisture ceilings
  • Storage and turnover at the mill

Sources and rules

China, the Republic of Korea, Japan and the USA lead the overall source list, which covers all goods. It does not show where beans originate. Import permit, biosafety and inspection conditions are set by the authorities and can change, so confirm them with the authorities and the buyer, and agree Incoterm, currency, payment terms and port.

What the total counts and finding importers

The $1.8B is the sum for HS chapter 12, oil seeds and oleaginous fruits, so soybeans are a share of it. Taiwan and the United Kingdom report the same rounded value, so national reporting differences can reorder the three.

Soybean-heading shipment data gives the consignee and weight of each cargo. Pick out feed mills and crushers that import regularly, agree Incoterm, currency and payment terms with them, and reach them through this site’s free marketplace.

Questions

What is Vietnam's rank for this chapter?

Eighteenth of 96 at $1.8B in 2024, a 1.3% share of reported world imports.

Who buys soybeans in Vietnam?

Chiefly feed mills and crushers serving livestock and aquaculture.

How does the chapter rank in Vietnamese imports?

It is 0.5% of $325.4B and ranks 27th among import chapters.

How do I find Vietnamese importers?

Use soybean-heading shipment data and note consignees with repeat cargoes.