Vietnam’s exports of fertilisers increased by 21.58 percent in December compared to November, reaching US$65.45 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s exports of fertilisers total US$709.91 million for 2024, reflecting strong performance across multiple markets.
The month-on-month increase was driven by significant growth in exports to Malaysia, which saw a remarkable 241.07 percent rise, amounting to US$5.63 million. Exports to South Korea also showed strong growth, increasing by 38.78 percent, reaching US$12.95 million. Other key markets such as Taiwan and Japan also saw positive growth, with exports rising by 181.99 percent and 129.62 percent, respectively.
However, some markets experienced a decline. Exports to Laos and Myanmar dropped by 55.32 percent and 82.22 percent, respectively. Exports to Cambodia and the Philippines also showed a decrease of 4.06 percent and 4.65 percent, respectively.
See also: Agriculture Industry in Vietnam
Vietnam fertiliser exports, December 2024, US$
| December | November | MoM | 2024 | |
| Total | 65,452,252 | 53,834,669 | 21.58% | 709,911,839 |
| Other | 14,054,443 | 8,003,772 | 75.6% | 198,632,429 |
| Cambodia | 21,242,829 | 22,141,155 | -4.06% | 240,818,767 |
| South Korea | 12,954,817 | 9,334,584 | 38.78% | 89,138,929 |
| Malaysia | 5,632,524 | 1,651,436 | 241.07% | 43,793,946 |
| Philippines | 4,974,539 | 5,217,342 | -4.65% | 46,351,309 |
| Thailand | 1,667,399 | 253,287 | 558.30% | 9,810,463 |
| Japan | 1,653,234 | 719,991 | 129.62% | 14,052,691 |
| Taiwan | 1,535,118 | 544,384 | 181.99% | 17,291,440 |
| Laos | 1,122,759 | 2,512,634 | -55.32% | 25,884,238 |
| Myanmar | 614,590 | 3,456,084 | -82.22% | 24,137,627 |
See also: How to Start an Export Business in Vietnam.