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Vietnam’s fertiliser exports reflect mixed trends in November

Vietnam’s fertiliser exports in November 2024 amounted to US$53.83 million, marking a 10 percent decline month-on-month, according to Vietnam’s General Department of Customs. Year-to-date figures, however, reached US$644.46 million, underlining the sector’s importance to the nation’s agricultural trade.

Cambodia emerged as the top importer, purchasing US$22.14 million worth of fertilisers, despite a slight drop of 4.51 percent from October. South Korea followed, with imports surging by 36.02 percent to US$9.33 million. Meanwhile, exports to the Philippines declined sharply by 46.16 percent, recording US$5.22 million. Notably, shipments to Myanmar saw a remarkable increase of 909.30 percent, reaching US$3.46 million.

The figures highlight Vietnam’s competitive positioning in the regional fertiliser market while underscoring the variability in demand across importing nations.

See also: Agriculture Industry in Vietnam

Vietnam fertiliser exports, November 2024, US$

NovemberOctoberMoMYTD
Total53,834,66959,814,329-10.00%644,459,587
Other8,003,77213,306,530-39.85%178,644,207
Cambodia22,141,15523,188,018-4.51%219,514,998
South Korea9,334,5846,862,53936.02%76,184,111
Philippines5,217,3429,691,200-46.16%41,334,870
Myanmar (Burma)3,456,084342,423909.30%23,519,859
Laos2,512,6342,149,25716.91%24,761,480
Malaysia1,651,4361,445,18914.27%38,160,989
Japan719,9911,530,618-52.96%12,399,457
Taiwan544,384743,961-26.83%15,756,322
Thailand253,287554,594-54.33%8,143,064
Mozambique000.00%6,040,230

See also: How to Start an Export Business in Vietnam

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