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.

See also: Agriculture in Vietnam 2025: Exports, Challenges & Industry Trends

Vietnam imports of fertilizers, May 2025, US$ millions

Source:the-shiv.com