Vietnam fertilisers imports up 82.46 percent in March 2026 / China 104.67%, Laos +215.86%

Vietnam imported fertilisers to the tune of US$148 million in March, up from US$81 million in February, a change of 82.46 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam has imported US$303 million worth of fertilisers, with supply led by regional and global producers.

China accounted for US$68 million in March imports, up 104.67 percent from February, bringing year-to-date shipments to US$143 million.

Canada and Laos followed with US$20 million and US$15 million respectively, both rising sharply month on month, with year-to-date totals at US$20 million and US$26 million.

Russia and the Philippines rounded out the top five with US$13 million and US$4 million in March imports, with Russia down 43.27 percent while the Philippines increased, bringing year-to-date shipments to US$38 million and US$4 million.

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Listed fertiliser companies

Key fertiliser firms listed on the Vietnam stock exchange include:

PetroVietnam Ca Mau Fertilizer JSC (DCM)

PetroVietnam Ca Mau Fertilizer JSC (DCM) produces and sells urea and other nitrogen-based fertilisers for agriculture. (DCM)

In March, DCM shares moved from 42.95 to 48.30, a change of 5.35 (12.46%).

Foreign ownership moved from 2,294,032.91 to 2,095,804.52, a change of -198,228.39 (-8.64%).

PetroVietnam Fertilizer and Chemicals Corporation (DPM)

PetroVietnam Fertilizer and Chemicals Corporation (DPM) produces urea and chemical fertilisers under the Phu My brand. (DPM)

In March, DPM shares moved from 27.60 to 29.85, a change of 2.25 (8.15%).

Foreign ownership moved from 3,016,008.35 to 2,990,740.07, a change of -25,268.28 (-0.84%).

Thuan Duc Joint Stock Company (TDP)

Thuan Duc Joint Stock Company (TDP) produces and trades plastic packaging and industrial sacks for cement and fertiliser producers. (TDP)

In March, TDP shares moved from 29.05 to 29.35, a change of 0.30 (1.03%).

Foreign ownership moved from 446,740.00 to 473,944.38, a change of 27,204.38 (6.09%).

Southern Fertilizer JSC (SFG)

Southern Fertilizer JSC (SFG) manufactures and trades fertilisers, chemicals, and agricultural materials. (SFG)

In March, SFG shares moved from 10.55 to 10.50, a change of -0.05 (-0.47%).

Foreign ownership was unchanged.

Viet Fumigation JSC (VFG)

Viet Fumigation JSC (VFG) provides agricultural protection services, including fumigation, pest control, and fertiliser distribution. (VFG)

In March, VFG shares moved from 53.60 to 49.20, a change of -4.40 (-8.21%).

Foreign ownership moved from 204,629.46 to 204,685.46, a change of 56.00 (0.03%).

Tay Ninh Seed JSC (TSC)

Tay Ninh Seed JSC (TSC) researches, produces, and trades agricultural seeds, fertilisers, and chemicals. (TSC)

In March, TSC shares moved from 2.83 to 2.53, a change of -0.30 (-10.60%).

Foreign ownership was unchanged.

Duc Giang Chemicals Group JSC (DGC)

Duc Giang Chemicals Group JSC (DGC) manufactures and exports industrial chemicals, phosphorus, and fertilisers across Asia and Europe. (DGC)

In March, DGC shares moved from 73.80 to 50.20, a change of -23.60 (-31.98%).

Foreign ownership moved from 1,553,948.13 to 1,627,688.90, a change of 73,740.77 (4.75%).

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Vietnam fertiliser news

Recent developments include:

Fertiliser prices rising

Thanh Nien has reported that Vietnam fertiliser prices are rising before the peak planting season, driven by Middle East supply disruptions.

Despite tightening supply signals, the article notes that Vietnam still exports fertiliser due to a structural surplus capacity.

It also says firms are prioritising exports to capture higher global prices. Read more→

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Vietnam’s fertilisers industry

Vietnam’s fertiliser industry is a critical input sector supporting agricultural production, particularly rice, coffee, and aquaculture.

Domestic production includes key products such as urea, NPK, and DAP, though output is supplemented by imports to meet demand.

The sector is sensitive to global commodity prices, especially natural gas, which is a primary input in fertiliser manufacturing.

Policy and market trends are increasingly shaped by sustainability concerns, efficiency improvements, and shifts toward higher-value agricultural output.

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The data

Vietnam imports of fertilisers in March, 2026 US$m