
Vietnam's imports of US soybeans rose 9% year-on-year in the first nine months of 2025 to reach $300 million, amid efforts to boost their use in aquaculture.
The United States shipped 670,000 tonnes, up nearly 30%, according to customs data. These imports accounted for 33-34% of Vietnam's total soybean imports, a slight increase compared with the same period last year.
The US Soybean Export Council said earlier this year that Vietnam is the third-largest buyer of US soybeans in Southeast Asia and one of the strongest markets globally. The council expects the country's fast-growing food and animal feed sectors, along with rising consumer preference for plant-based products, to boost demand for the product.
The council signed a three-year cooperation memorandum with the Vietnam Fisheries Society last week to promote the use of US soybeans in aquaculture feed. Vietnam is one of the world's top five fisheries producers, with aquaculture alone accounting for 4-5% of its GDP.
In June, Minister of Agriculture and Environment Do Duc Duy led a delegation of nearly 50 companies and agricultural associations to the United States for trade dialogues aimed at promoting balanced and sustainable trade. During the visit, around 20 memoranda of understanding for agricultural trade worth $3 billion were signed, including for soybeans.