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$3.46 million.
The figures highlight Vietnam’s competitive positioning in the regional fertiliser market while underscoring the variability in demand across importing nations.
See also: Agriculture Industry in Vietnam
Vietnam fertiliser exports, November 2024, US$
November | October | MoM | YTD | |
Total | 53,834,669 | 59,814,329 | -10.00% | 644,459,587 |
Other | 8,003,772 | 13,306,530 | -39.85% | 178,644,207 |
Cambodia | 22,141,155 | 23,188,018 | -4.51% | 219,514,998 |
South Korea | 9,334,584 | 6,862,539 | 36.02% | 76,184,111 |
Philippines | 5,217,342 | 9,691,200 | -46.16% | 41,334,870 |
Myanmar (Burma) | 3,456,084 | 342,423 | 909.30% | 23,519,859 |
Laos | 2,512,634 | 2,149,257 | 16.91% | 24,761,480 |
Malaysia | 1,651,436 | 1,445,189 | 14.27% | 38,160,989 |
Japan | 719,991 | 1,530,618 | -52.96% | 12,399,457 |
Taiwan | 544,384 | 743,961 | -26.83% | 15,756,322 |
Thailand | 253,287 | 554,594 | -54.33% | 8,143,064 |
Mozambique | 0 | 0 | 0.00% | 6,040,230 |