Vietnam’s imports of fertilizers reached US$173.90 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 9.64 percent compared to April, bringing the year-to-date (YTD) import value to US$749.49 million.

China drives growth, while Russia and Laos see minor dips:

China remained the primary source for fertilizer imports, with a May value of US$64.08 million. This signifies a strong increase of 31.10 percent from April and accounts for a dominant 34.28 percent of the total year-to-date imports. Russia and Laos, also key suppliers, experienced minor declines of 7.26 percent and 6.15 percent respectively, in May.

Canada and Philippines show extraordinary month-on-month surges:

Several countries exhibited remarkable month-on-month growth in May:

Canada recorded an astonishing surge of 16104.40 percent, albeit from a very low base in April, reaching US$11.09 million. This indicates a significant, potentially one-off, shipment.
Philippines imports jumped by 2161.40 percent, reaching US$4.07 million, also from a low base.
Taiwan imports increased by 147.86 percent.
Norway saw a substantial rise of 63.23 percent.
Belarus emerged as a new significant supplier with imports in May after none in April, valued at US$8.49 million.

South Korea, Malaysia, and Indonesia face sharp declines:

Conversely, some major suppliers faced substantial declines:

South Korea imports plummeted by 67.51 percent.
Indonesia imports decreased by 58.54 percent.
Malaysia imports fell by 42.85 percent.
USA imports also saw a decline of 41.81 percent.

The overall increase in May’s fertilizer imports suggests a growing demand in Vietnam, driven strongly by imports from China and significant, albeit volatile, contributions from new or resurgent suppliers like Canada, Philippines, and Belarus.

Vietnam imports of fertilizers, May 2025, US$ millions

	May	April	MoM	YTD	% of YTD
Total	173.90	158.61	9.64%	749.49	100.00%
Other	11.73	9.75	20.34%	0.00	0.00%
China	64.08	48.88	31.10%	256.89	34.28%
Russia	41.32	44.55	-7.26%	169.29	22.59%
Laos	13.54	14.43	-6.15%	54.42	7.26%
Canada	11.09	0.07	16104.40%	20.77	2.77%
South Korea	4.80	14.77	-67.51%	37.40	4.99%
Philippines	4.07	0.18	2161.40%	4.26	0.57%
Belgium	3.96	3.64	8.94%	16.04	2.14%
Norway	3.47	2.13	63.23%	18.95	2.53%
Taiwan	3.37	1.36	147.86%	11.41	1.52%
Japan	3.12	3.39	-7.81%	13.53	1.81%
Malaysia	3.09	5.41	-42.85%	22.03	2.94%
Indonesia	2.73	6.59	-58.54%	12.30	1.64%
Germany	1.70	1.35	25.66%	6.20	0.83%
USA	0.60	1.03	-41.81%	3.63	0.48%
Israel	0.59	0.53	11.20%	19.95	2.66%
India	0.35	0.31	15.53%	1.28	0.17%
Thailand	0.29	0.26	10.83%	1.49	0.20%
Belarus	0.00	0.00	0.00%	8.49	1.13%

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