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Among them, fertilizer exports increased by 682% year-on-year and chemicals increased by 98.
6%.
% .
According to data from the General Administration of Customs, fertilizer imports in January exceeded 322,000 tons, and the export value was US$153.
6 million.
The export volume and export value decreased by 14.
5% and 6% respectively compared with December 2021
.
Compared with January 2021, fertilizer import volume and import value increased by 0.
2% and 81.
7% respectively
.
6 million.
The export volume and export value decreased by 14.
5% and 6% respectively compared with December 2021
.
Compared with January 2021, fertilizer import volume and import value increased by 0.
2% and 81.
7% respectively
.
Vietnam mainly imports fertilizers from China, with an import volume of more than 137,400 tons and an import value of US$57.
6 million, accounting for 42.
6% and 37.
5% of the national fertilizer import volume and import value, respectively
.
Compared with December last year, the import volume and import value decreased by 18% and 12.
7% respectively
.
6 million, accounting for 42.
6% and 37.
5% of the national fertilizer import volume and import value, respectively
.
Compared with December last year, the import volume and import value decreased by 18% and 12.
7% respectively
.
Vietnam's production and business activities have gradually adapted to the epidemic and returned to the new normal
.
Therefore, in January 2022, most export commodities maintained positive growth, except for various types of fertilizers, which increased by 682%, chemicals increased by 98.
6%, animal feed and raw materials increased by 72.
8%, plastics increased by 57%, grass, rattan, bamboo woven and Carpet products increased by 61%, and various types of steel increased by 43.
6%
.
.
Therefore, in January 2022, most export commodities maintained positive growth, except for various types of fertilizers, which increased by 682%, chemicals increased by 98.
6%, animal feed and raw materials increased by 72.
8%, plastics increased by 57%, grass, rattan, bamboo woven and Carpet products increased by 61%, and various types of steel increased by 43.
6%
.
Recently, due to the soaring fertilizer prices and the soaring demand for fertilizers, Vietnamese fertilizer manufacturers have achieved huge profits in 2021
.
.
Among them, it is worth mentioning that the operating income of Vietnam Chemical Group (Vinachem) reached a record 51.
2 trillion VND last year, which exceeded the annual plan by 16% and increased by 24% compared with 2020
.
2 trillion VND last year, which exceeded the annual plan by 16% and increased by 24% compared with 2020
.
Phu My Oil & Gas Fertilizer Co.
, Ltd.
is expected to have a total revenue of over VND 12.
8 trillion and a pre-tax profit of about VND 3.
6 trillion.
Compared with 2020, operating income and pre-tax profit have increased by 63% and 324% respectively
.
It was also the company's most profitable year in nearly 10 years
.
, Ltd.
is expected to have a total revenue of over VND 12.
8 trillion and a pre-tax profit of about VND 3.
6 trillion.
Compared with 2020, operating income and pre-tax profit have increased by 63% and 324% respectively
.
It was also the company's most profitable year in nearly 10 years
.
Analysts believe that the Vietnamese fertilizer industry will benefit in the short term as it has great opportunities to increase market share in the international market
.
The turbulent situation caused by the epidemic has led to an increase in the demand for food reserves, which is also a positive signal for domestic fertilizer companies in Vietnam
.
.
The turbulent situation caused by the epidemic has led to an increase in the demand for food reserves, which is also a positive signal for domestic fertilizer companies in Vietnam
.
In January, there were 7 categories of goods with an export value of over US$1 billion, accounting for 63.
3% of Vietnam's total exports
.
Among them, the export value of mobile phones and parts was the largest, accounting for 4 billion US dollars, accounting for 13.
8% of the total export value, down 34.
4% year-on-year; computers, electronic products and their parts reached 3.
5 billion US dollars, down 10.
2% year-on-year; textiles and clothing reached 3.
3 billion US dollars, This is an increase of 24.
2% over the same period last year
.
3% of Vietnam's total exports
.
Among them, the export value of mobile phones and parts was the largest, accounting for 4 billion US dollars, accounting for 13.
8% of the total export value, down 34.
4% year-on-year; computers, electronic products and their parts reached 3.
5 billion US dollars, down 10.
2% year-on-year; textiles and clothing reached 3.
3 billion US dollars, This is an increase of 24.
2% over the same period last year
.
The export value of agriculture, forestry and fishery is expected to reach US$2.
67 billion, down 3.
35% from December 2021, but up 21.
4% from the same period in 2021, accounting for 9.
2% of total exports
.
Among them, except for rice, cassava and cassava products, which decreased by 4.
3% and 27.
5% year-on-year, the export value of other commodities increased: the export of aquatic products is expected to reach 870 million US dollars, an increase of 42.
9%; coffee is 395 million US dollars, an increase of 40.
9%; Chinese prickly ash 71 million US dollars, an increase of 47.
3%; cashew kernels 296 million US dollars, an increase of 9.
6%
.
(over)
67 billion, down 3.
35% from December 2021, but up 21.
4% from the same period in 2021, accounting for 9.
2% of total exports
.
Among them, except for rice, cassava and cassava products, which decreased by 4.
3% and 27.
5% year-on-year, the export value of other commodities increased: the export of aquatic products is expected to reach 870 million US dollars, an increase of 42.
9%; coffee is 395 million US dollars, an increase of 40.
9%; Chinese prickly ash 71 million US dollars, an increase of 47.
3%; cashew kernels 296 million US dollars, an increase of 9.
6%
.
(over)