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Fertilizer imports from Philippines increased sharply 

 Saturday, August 19,2017

AsemconnectVietnam - Vietnam’s imports of fertilizer from the Philippines increased sharply in July.

In July, Vietnam imported 566,100 tons of fertilizer worth of US$ 149.9 million, increased sharply by 56.1 per cent in quantity and 54.9 per cent in value compared with the previous month, showed the statistics figures of the General Department of Customs.
 
The figure brought the country’s total imports of fertilizer in the first seven months of this year to 2.9 million tons worth of $ 790.8 million, up by 25.8 per cent in quantity and 21.1 per cent in value year – on – year.
 
China was leading the list of the country’s major fertilizer import markets in the first seven months of this year with 1.1 million tons worth of $ 286.1 million, up by 32.13 per cent in quantity and 3.49 per cent in value over the same period last year.
 
Russia ranked second with 430,700 tons worth of $ 129.7 million, increased sharply by 132.26 per cent in quantity and 104.6 per cent in value.
 
Japan ranked third with 152,700 tons worth of $ 19.6 million, up by 52.42 per cent in quantity and 44.62 per cent in value.
 
In the first seven months of this year, the country’s imports of fertilizer from the Philippines increased sharply by over 2 folds in quantity and in value compared with the same period last year. Meanwhile, the imports of fertilizer from Thailand fell sharply by 56.74 per cent or 14,100 tons.

Vietnam’s fertilizer imports markets in the first 7 months of 2017 – source: the General Department of Customs
 
Market
First 7 months of 2017
Comparison (%)
Ton
US$
Quantity
Value
Total
2,939,503
790,804,537
25.8
21.1
China
1,128,046
286,178,506
3.13
3.49
Russia
430,703
129,716,072
132.26
104.60
Japan
152,700
19,658,631
52.42
44.62
Canada
125,037
33,766,514
10.96
-3.76
Indonesia
122,401
31,483,692
-10.77
-6.36
South Korea
119,131
46,127,010
39.60
21.80
Taiwan
80,434
12,080,099
75.28
69.31
Malaysia
61,839
15,121,252
-16.51
-17.23
Belgium
38,998
13,794,509
59.21
39.39
Germany
27,348
9,683,404
121.10
59.43
The Philippines
26,760
10,335,272
167.07
159.91
Norway
22,216
8,624,084
39.31
24.82
Thailand
14,172
4,763,848
-56.74
-30.13
The U.S
4,447
6,896,510
53.40
48.60
India
978
1,947,242
-37.43
-32.50

CK
Source: VITIC

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