Vietnam’s fertiliser imports surge in five months
Wednesday, May 31,2017
AsemconnectVietnam - Vietnam spent 547 million USD on importing 2.01 million tonnes of fertiliser in the first five months of this year, up nearly 32 percent in volume and 24 percent in value compared to the same period last year, Lao Dong (Labour) newspaper reported.
The strongest increase was seen in urea imports, up 22 percent in volume and 32 percent in value from 2016 to reach 230,000 tonnes and 60 million USD.
Vietnam mainly imported fertiliser from China, Russia and Indonesia.
In 2016, Vietnam imported 4.16 million tonnes of fertiliser, valued at 1.1 billion USD, down nearly 8 percent in volume and 22 percent in value compared to 2015.
Fertiliser management is under the control of two ministries, with the Ministry of Industry and Trade managing inorganic fertiliser and the Ministry of Agriculture and Rural Development managing organic fertiliser.
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