In Northern Vietnam, fertilizer prices were unchanged. Ha Bac and Phu My urea were quoted at VND560,000–590,000 per bag and VND540,000–580,000 per bag, respectively. Viet Nhat-branded NPK 16-16-8 +TE was priced at VND420,000–440,000 per bag, while NPK 16-16-8 traded at around VND730,000–760,000 per bag.
In Central Vietnam, no new price adjustments were recorded. Phu My and Ha Anh powdered potassium fertilizer was sold at VND520,000–560,000 per bag, while NPK 16-16-8 was priced at VND700,000–740,000 per bag.
In the Mekong Delta, fertilizer prices remained subdued. Hong Ha DAP was the most expensive product in the region, quoted at VND1.25–1.30 million per bag. Ca Mau and Phu My urea were sold at VND620,000–640,000 per bag and VND610,000–630,000 per bag, respectively.
In Southeastern Vietnam and the Central Highlands, fertilizer prices also remained stable. Ca Mau and Phu My powdered potassium fertilizer was listed at VND490,000–580,000 per bag. NPK 16-16-8 prices ranged from VND650,000 to VND750,000 per bag, depending on brand. Phu My recorded the lowest prices, while Ca Mau and Dau Trau were quoted at higher levels.
Supply
According to preliminary data from Vietnam Customs, fertilizer imports in December 2025 reached 463,398 tonnes, worth USD158.54 million, with an average price of USD342.1 per tonne. This represented a 29.2% increase in volume and a 24.3% rise in value, while prices fell 3.9% month on month. Compared with December 2024, imports rose 5.5% in volume, 23.7% in value, and 17.3% in price.
For the full year 2025, Vietnam imported 6.19 million tonnes of fertilizer worth more than USD2.19 billion, up 16.9% in volume and 26.6% in value year on year. The average import price stood at USD354.3 per tonne, up 8.3%.
Imports from China, Vietnam’s largest supplier, fell 7.5% in volume and 19.2% in value month on month in December 2025, to 201,607 tonnes worth USD62.82 million, at an average price of USD311.6 per tonne. Year on year, volumes declined 20.5% and value dropped 5.6%, while prices rose 18.8%. For the whole of 2025, imports from China accounted for over 48% of Vietnam’s total fertilizer imports, reaching 2.99 million tonnes worth USD1.06 billion, up 26.7% in volume, 43.5% in value, and 13.2% in price from 2024.
Russia ranked second, accounting for 11% of total volume and 14.4% of total value, with imports of 679,652 tonnes worth USD315.19 million, at an average price of USD463.8 per tonne.
Laos ranked third, supplying 325,366 tonnes worth USD96.65 million, accounting for 5.3% of volume and 4.4% of value.
Table: Vietnam’s fertilizer imports in 2025

	2025		Year on year		Share
Market	Volume (Tonnes)	Value (USD)	Volume %	Value %	Volume (%)	Value (%)
Total	6,194,892	2,194,675,569	16.89	26.64	100	100
RCEP FTA (15 Markets)	4,250,300	1,375,982,690	18.54	32.03	68.61	62.70
China (Mainland)	2,987,264	1,061,364,074	26.72	43.49	48.22	48.36
EAEU FTA (5 Markets)	765,031	342,973,230	39.68	50.03	12.35	15.63
Russia	679,652	315,190,785	24.09	37.88	10.97	14.36
Southeast Asia	583,059	184,968,715	-3.21	3.51	9.41	8.43
CPTPP FTA (11 Markets)	719,910	144,069,401	11.54	21.41	11.62	6.56
Laos	325,266	96,651,630	-2.41	12.03	5.25	4.40
South Korea	255,369	91,739,580	10.86	4.97	4.12	4.18
Canada	207,335	71,754,944	25.69	37.33	3.35	3.27
EU (EVFTA – 27 Markets)	141,449	58,870,017	6.16	6.76	2.28	2.68
Belgium	113,681	43,252,542	3.32	6.83	1.84	1.97
Norway	66,747	41,454,370	-5.14	3.79	1.08	1.89
Indonesia	142,484	38,202,975	3.18	-11.47	2.30	1.74
Japan	424,608	37,910,321	7.38	4.05	6.85	1.73
Israel	84,465	34,607,023	3.19	5.45	1.36	1.58
Malaysia	87,967	34,404,136	3.42	14.77	1.42	1.57
Belarus	85,379	27,782,445	—	—	1.38	1.27
Taiwan (China)	100,227	26,197,028	-2.86	9.50	1.62	1.19
Germany	27,768	15,617,475	19.62	6.55	0.45	0.71
Philippines	21,342	11,674,401	-22.96	-9.27	0.34	0.53
United States	6,685	9,281,961	-23.28	-15.53	0.11	0.42
Thailand	6,000	4,035,573	-67.15	-37.24	0.10	0.18
India	3,251	3,213,172	8.77	0.59	0.05	0.15
Saudi Arabia	100	63,625	-98.71	-98.64	0.00	0.00

Exports
Vietnam’s fertilizer exports in 2025 exceeded 1.97 million tonnes, valued at USD844.97 million, with an average price of USD428.7 per tonne, up 14.1% in volume, 19% in value, and 4.4% in price year on year.
Exports were mainly destined for Cambodia, which accounted for 35.6% of total volume and 34% of total value.
Table: Vietnam’s fertilizer exports in 2025

Market	2025		Year on year		Share
	Volume (Tonnes)	Value (USD)	Volume %	Value %	Volume (%)	Value (%)
Total	1,970,931	844,966,380	14.08	19.04	100	100
RCEP FTA (15 Markets)	1,189,819	502,954,386	-0.78	1.82	60.37	59.52
Southeast Asia	1,040,008	438,782,600	9.90	12.28	52.77	51.93
Cambodia	702,033	288,029,289	18.56	19.60	35.62	34.09
CPTPP FTA (11 Markets)	140,818	62,783,273	-1.99	8.53	7.14	7.43
South Korea	118,617	49,014,256	-46.13	-45.01	6.02	5.80
Malaysia	109,624	47,625,743	-1.27	8.75	5.56	5.64
Philippines	80,710	35,185,853	-26.21	-24.09	4.10	4.16
Laos	70,685	30,225,019	9.16	16.77	3.59	3.58
Myanmar	60,461	29,701,023	24.01	23.05	3.07	3.52
Japan	31,194	15,157,530	-4.47	7.86	1.58	1.79
Taiwan (China)	33,458	14,126,760	-20.95	-18.30	1.70	1.67
Mozambique	16,105	8,270,315	63.06	36.92	0.82	0.98
Thailand	16,495	8,015,673	-18.56	-18.29	0.84	0.95
Angola	107	155,785	-11.57	12.07	0.01	0.02