Vietnam boosts soybean imports in 2025 amid falling global prices

January 11, 2026 |

In Ukraine, UkrAgroConsult reported that Vietnam significantly increased soybean imports during the first 11 months of 2025, taking advantage of lower global prices and strong domestic demand. 

According to preliminary data from Vietnam Customs, imports reached 2.36 million tons, valued at nearly $1.1 billion.

The average import price stood at $465.5 per ton. Compared with the same period in 2024, import volumes rose by 19.2% and import value increased by 8%, while the average price declined by 9.4%, making purchases more attractive for processors.

In November 2025 alone, Vietnam imported 200,928 tons of soybeans worth $95.09 million, at an average price of $473.3 per ton. Although volumes edged lower month-on-month, imports surged 23% year-on-year, confirming the overall upward trend, according to the report.

Brazil remained Vietnam’s largest soybean supplier, followed by the United States, with the two countries accounting for more than 90% of total import volumes, the report added.

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Category: Food & Agriculture

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