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77 million tons of fertilizers in the first 10 months of this year, down 27.
2% from the same period last year, and imports amounted to US$1.
301 billion, up 13.
4%
year-on-year, according to Vietnam Customs statistics.
China continues to be Vietnam's largest fertilizer supply market, importing more than 1.
4 million tons of fertilizer from China in the first 10 months, accounting for 50.
5% of its total fertilizer imports, with an import value of US$585 million, an increase of 19.
49%
year-on-year.
In addition, according to statistics, in the first 10 months, Vietnam imported 2.
06 million tons of fertilizers from the RCEP market, worth 843 million US dollars, an increase of 17.
9% year-on-year; 441,000 tons of fertilizer were imported from the CPTPP market, worth US$139 million, an increase of 17.
3%
year-on-year.
According to the report, in the first 10 months, Vietnam's fertilizer exports and export value achieved rapid growth
.
Among them, the export volume was about 1.
5 million tons, an increase of 45.
5% over the same period last year, exceeding the total export volume in 2021; The export value was 973 million US dollars, nearly 2.
6 times
that of the same period last year.
Major fertilizer export enterprises in Vietnam, such as Phu My Nitrogen Fertilizer Plant, Jinou Nitrogen Fertilizer Plant, Southern Fertilizer Plant under Vietnam Chemical Group, and Binh Dien Fertilizer Plant, have all made considerable profits
.
.
Among them, the export volume was about 1.
5 million tons, an increase of 45.
5% over the same period last year, exceeding the total export volume in 2021; The export value was 973 million US dollars, nearly 2.
6 times
that of the same period last year.
Major fertilizer export enterprises in Vietnam, such as Phu My Nitrogen Fertilizer Plant, Jinou Nitrogen Fertilizer Plant, Southern Fertilizer Plant under Vietnam Chemical Group, and Binh Dien Fertilizer Plant, have all made considerable profits
.
