Vietnam imports over 4.5 million tonnes of fertilizer in 2021

VOV.VN - Vietnam imported 4.54 million tonnes of fertilizer in 2021 at a cost of US$1.45 billion, up 19.4% in volume and 27.8% in value on-year, according to figures given by the General Department of Vietnam Customs,

The average price of the product stood at US$319.7 per tonne.

Most notably, China was the major supplier of fertilizers of all kinds to the country, accounting for 44.5% of the total volume and 42% of the total fertilizer import turnover, reaching 2.02 million tonnes worth US$610.29 million.

During the reviewed period the Southeast Asian market was the nation’s second largest fertilizer provider, with 504,838 tonnes, followed by Russia with 386,193 tonnes.

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Measures applied to protect domestic fertilizer producers
Measures applied to protect domestic fertilizer producers

Official safeguard measures will be applied on DAP and MAP fertilizer products imported into Vietnam as investigations showed that domestic production has been seriously harmed by imported fertilizers.

Measures applied to protect domestic fertilizer producers

Measures applied to protect domestic fertilizer producers

Official safeguard measures will be applied on DAP and MAP fertilizer products imported into Vietnam as investigations showed that domestic production has been seriously harmed by imported fertilizers.

Vietnam’s first smart fertilizer factory opened in Tra Vinh
Vietnam’s first smart fertilizer factory opened in Tra Vinh

The first smart fertilizer factory in Vietnam was inaugurated in Long Duc Industrial Park in Tra Vinh city, the Mekong Delta province of Tra Vinh, on January 13.

Vietnam’s first smart fertilizer factory opened in Tra Vinh

Vietnam’s first smart fertilizer factory opened in Tra Vinh

The first smart fertilizer factory in Vietnam was inaugurated in Long Duc Industrial Park in Tra Vinh city, the Mekong Delta province of Tra Vinh, on January 13.

Fertilizer exports see strong growth
Fertilizer exports see strong growth

 From a fertilizer importer, Vietnam has become an exporter of the product, with 892,000 tonnes shipped abroad in 11 months of this year for US$277 million, a year on year increase of 34.5% in volume and 43% in value. 

Fertilizer exports see strong growth

Fertilizer exports see strong growth

 From a fertilizer importer, Vietnam has become an exporter of the product, with 892,000 tonnes shipped abroad in 11 months of this year for US$277 million, a year on year increase of 34.5% in volume and 43% in value.