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Australia Offers Its Feed Barley to Vietnam

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Jan 16, 2023 | Agricultural Markets News

Reading time: 2 minutes

Australia is the largest supplier of malt and malt Barley to Vietnam. Vietnamese beer consumption has doubled over the past decade, and Vietnam is now one of the top 10 beer markets in the world. Beer production in Vietnam is likely to continue to expand.

Since the Intermalt malting plant opened in Vietnam (partly owned by CBH Group), Barley imports into Vietnam increased significantly, with about 80% from Australia. This malting plant could potentially double its capacity by 2030, representing a further opportunity for Australian Barley exports.

Director of the Australian Export Grains Innovation Centre (AEGIC) – Barley Market, Mary Raynes, said that as Vietnam’s beer output is expected to grow by 2-3 percent annually, Barley imports are likely to rise to 330,000 tons by 2030, nearly double the figure in 2019.

According to AgFlow data, Australia shipped 477,671 tons of Barley to Vietnam last year. In 2020, Vietnam imported Barley worth $69.6 million, becoming the 24th largest importer of Barley in the world. The same year, Barley was the 435th most imported product in Vietnam. Vietnam imports Barley primarily from: Australia ($59.2 million), Argentina ($7.29 million), Denmark ($1.35 million), Belgium ($426k), and Russia ($391k).

The feed market in Vietnam has expanded rapidly over the past ten years, but feed Barley is not yet used. The AEGIC hosted two technical webinars for Vietnam’s feed industry in the past years, focusing on pigs and dairy. Well-regarded Australian experts Mr. Lloyd George, Mr. Tony Edwards, Dr. Megan Edwards, and Dr. Steve Little shared their insights and practical advice on the benefits of using Australian Barley for pigs and dairy cows in Vietnam, including the technical aspects of feed formulations and nutrition.

Ms. Raynes also said Vietnamese buyers, feed millers, and nutritionists expressed strong interest in using more Australian feed Barley. “The main takeaway for our Vietnamese customers is that cows and pigs are remarkably flexible animals and can use various feeds. Australian Barley is a fantastic option for the animal’s health, performance, and cost efficiency,” she added.

AEGIC CEO Richard Simonaitis noted that the webinars were part of AEGIC’s ongoing efforts to stimulate demand for Australian feed grains in South East Asia through free technical webinars. The positive reaction to these webinars showed that these events deliver valuable insights to customers.

Vietnamese Barley Import Process

The import tax of Barley of all kinds is 0%, and the import VAT of Barley is also 0. So, Barley imported into Vietnam will not be subject to any tax. The following is a set of documents for completing procedures for importing Barley:
• Customs declaration;
• commercial invoice;
• Bill of lading;
• Packing list;
• Commercial contracts;
• Certificate of origin;
• Phytosanitary.

There are four steps to carry out the procedures for importing wheat. Step 1 is to declare the customs declaration. After all the import documents, a trader can enter the declaration information into the customs system through the software.
Step 2 is to register for plant quarantine. Plant quarantine registration is done by declaring on the national single window system. And will contact the quarantine agency to take samples and issue phytosanitary certificates.
Step 3 is to open the customs declaration. After completing the customs declaration, the customs system will return the results of the classification of the declaration. If there is a flow of declarations, print out the declaration and bring the import dossier to the customs sub-department to open the declaration. The steps to open the declaration are carried out depending on the green, yellow and red channels.
Step 4 is clearance of the customs declaration. After checking the dossier, if there are no questions, the customs officer will accept the customs clearance of the declaration. You can now pay import tax for the customs declaration to bring the goods to the warehouse for storage.

Other sources: DOORTODOORVIET

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