According to the latest statistics from the Vietnamese Customs Administration, Southeast Asia is the main market for Vietnamese fertilizer exports, accounting for 64% of the total. Vietnamese fertilizer exports show a decreasing trend on the whole, but exports to Japan have increased sharply.
| Melamine |
In February 2019, Vietnam’s domestic chemical fertilizer exports totaled 36.25 million tons, with an export volume of 9.73 million US dollars, which was 15.9% and 30.6% lower than that in January, respectively. The average export volume in February was US$280 per ton, down 13.9% from January and 14.1% from the same period last year. The average export volume in the first two months of the year was US$309 per ton.
Fertilizer exports to Cambodia are the largest, accounting for 26.49 million tons and 9.61 million US dollars, with an average export volume of US$362.92 per ton, an increase of 4.5% over the same period last year. Nevertheless, compared with the same period last year, export volume and export volume decreased by 50.71% and 48.5% respectively.
| EDTA |
Fertilizer exports to Malaysia ranked second, with 14.3 million tons and US$2.6 million exported during the same period. The average export volume was 185.31 US dollars per ton, a decrease of 6.93% compared with the same period last year.
It is noteworthy that in the first two months of the year, Vietnam’s export of chemical fertilizers to Japan increased sharply, reaching 4,040 tons, with an export value of $1.84 million, up 5.5 times and 13.5 times respectively from the same period last year. On the other hand, Vietnam’s fertilizer exports to the Philippines decreased significantly, with 369 tons (96.24% year-on-year decrease) and exports of $107.8 million (96.48% year-on-year decrease).
| Azodicarbonamide (AC foaming Agent) |