Vietnam Soybean Import Report 2025-2034: Major Players In Vietnam's Soybean Market: A Growing Opportunity For Traders

(MENAFN- GlobeNewsWire - Nasdaq) Global soybean demand is soaring, driven by Vietnam's expanding animal husbandry and aquaculture sectors. Major producers like the U.S., Brazil, and Argentina account for over 80% of production. Vietnam's imports, predominantly from the U.S. and Brazil, rose to $1.163 billion in 2024, fueling market growth.

Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Soybean Import Research Report 2025-2034" has been added to ResearchAndMarkets.com's offering.

Soybean, a vital legume crop, plays a significant role globally across food, feed, and industrial sectors. It can be classified into edible, feed, oil, and seed soybeans. In Asian countries, edible soybeans form the core of tofu, soy milk, and bean sprout production. Feed soybeans are crucial for the livestock and aquaculture industries due to their protein content, while oil soybeans are primarily used for extracting soybean oil.

The global soybean production landscape is dominated by Brazil, the United States, Argentina, and China, contributing over 80% of the world's output. These nations are not just leaders in production but are also pivotal in international soybean trade. Brazil tops the chart with extensive cultivation on the Brazilian plateau. The United States follows as the second-largest producer, with major farming activities centered in the Midwest and Great Lakes regions.

In Vietnam, the escalating demand for soybeans is fueled by the expansion of its animal husbandry and aquaculture sectors. Over the past decade, these sectors have shown remarkable growth, amplifying the need for high-quality animal feed like soybeans. However, Vietnam's domestic production, largely in the northern region, falls short of meeting this escalating demand, necessitating substantial imports. In 2024, soybean imports hit $1.163 billion, marking a year-on-year increase of 3.2%. This upward trend is anticipated to continue as Vietnam's animal-related industries thrive.

Vietnam's primary sources of imported soybeans include Brazil, the United States, and Canada. The United States leads, contributing approximately 31% of Vietnam's imports, with Brazil closely behind at 30%. Between 2021 and 2024, the key import countries were the United States, Brazil, and Singapore, with both global trading giants and local Vietnamese firms as principal importers.

The dependence on imports is attributed to Vietnam's limited soybean production capacity against a backdrop of rising domestic demands. Economists predict that as Vietnam's economy and living standards advance, so too will its soybean import volumes.

For global grain trading enterprises, the Vietnamese market presents a promising opportunity. Comprehensive market research is advised for those considering entry, ensuring a robust strategy to tap into Vietnam's burgeoning soybean sector.

Topics covered:

• Vietnam's Soybean Import and Export Trends (2021-2024)
• Soybean Import Volume and Percentage Changes (2021-2024)
• Soybean Import Value Trends in Vietnam (2021-2024)
• Insights into Vietnamese Soybean Market: Top Import Sources and Suppliers
• Strategies for Entering the Vietnamese Soybean Market
• Forecasting Vietnam's Soybean Import Trajectory (2025-2034)

Companies Featured

• The Delong Co Inc
• Enerfo Pte Ltd
• Dynamic Marine Ltd
• Bunge Vietnam
• Vietnam Agribusiness Ltd
• Dabaco Group

Key Attributes:

Report Attribute	Details
No. of Pages	80
Forecast Period	2025 - 2034
Estimated Market Value (USD) in 2025	$1.22 Billion
Forecasted Market Value (USD) by 2034	$1.89 Billion
Compound Annual Growth Rate	5.0%
Regions Covered	Vietnam

Key Topics Covered:
1 Overview of Vietnam
1.1 Geography of Vietnam
1.2 Economic Condition of Vietnam
1.3 Demographics of Vietnam
1.4 Domestic Market of Vietnam
1.5 Recommendations for Foreign Enterprises Entering the Vietnam Soybean Imports Market
2 Analysis of Soybean Imports in Vietnam (2021-2024)
2.1 Import Scale of Soybean in Vietnam
2.2 Major Sources of Soybean Imports in Vietnam
3 Analysis of Major Sources of Soybean Imports in Vietnam (2021-2024)
3.1 United States
3.2 Brazil
3.3 Singapore
3.4 Canada
3.5 Cambodia
3.6 South Africa
4 Analysis of Major Suppliers in the Import Market of Soybean in Vietnam (2021-2024)
4.1 THE DELONG CO INC
4.2 ENERFO PTE LTD
4.3 DYNAMIC MARINE LTD
5 Analysis of Major Importers in the Import Market of Soybean in Vietnam (2021-2024)
5.1 BUNGE VIETNAM
5.2 VIETNAM AGRIBUSINESS LTD
5.3 DABACO GROUP
6 Monthly Analysis of Soybean Imports in Vietnam from 2021 to 2024
6.1 Analysis of Monthly Import Value and Volume
6.2 Forecast of Monthly Average Import Prices
7 Key Factors Affecting Soybean Imports in Vietnam
7.1 Policy
7.2 Economic
7.3 Technology
8 Forecast for the Import of Soybean in Vietnam, 2025-2034
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Attachment

• Vietnamese Soybean Import Research Market

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