VINACHEM

The value of Vietnam’s fertiliser products shipped overseas skyrocketed by 682 percent in the first month of 2022 against the same period last year, according to the General Department of Vietnam Customs.

Meanwhile, the country spent 153.6 million USD on importing over 322,000 tonnes of fertilisers in January, representing annual increases of 81.7 and 0.2 percent, respectively.

Vietnam mainly bought fertilisers from China, with 137,430 tonnes worth 57.6 million USD during the month, accounting for 42.6 percent and 37.5 percent of the country's total import volume and turnover. Compared to December 2021, the volume decreased by 18 percent and the turnover was down 12.7 percent.