2023
Exports
$41MWorld Rnk 22 / 128
Flag Rnk 399 / 1173
2023
PRODUCT COMPLEXITY IN Potassic Fertilizers
-1.12Rnk 857 / 1025
2023
Imports
$99.8MWorld Rnk 29 / 191
Flag Rnk 381 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $41M in Potassic Fertilizers, making it the 22nd largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 399th most exported product in Vietnam. The main destination of Potassic Fertilizers exports from Vietnam are: Malaysia ($15.1M), Indonesia ($8.04M), Cambodia ($3.45M), Sri Lanka ($2.45M), and Japan ($1.78M).

The fastest growing export markets for Potassic Fertilizers of Vietnam between 2022 and 2023 were Sri Lanka ($1.41M), Pakistan ($958k), and Canada ($828k).

Imports In 2023, Vietnam imported $99.8M in Potassic Fertilizers, becoming the 29th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 381st most imported product in Vietnam. Vietnam imports Potassic Fertilizers primarily from: China ($44.6M), Canada ($28.6M), Malaysia ($9.92M), Jordan ($3.76M), and Germany ($3.35M).

The fastest growing import markets in Potassic Fertilizers for Vietnam between 2022 and 2023 were China ($41.1M), Malaysia ($9.2M), and Philippines ($581k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Potassic Fertilizers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$41M
IMPORTS (2023)$99.8M
NET TRADE (2023)-$58.7M

In 2023, Vietnam exported $41M in Potassic Fertilizers. The main destinations of Vietnam exports on Potassic Fertilizers were Malaysia ($15.1M), Indonesia ($8.04M), Cambodia ($3.45M), Sri Lanka ($2.45M), and Japan ($1.78M).

In 2023, Vietnam imported $99.8M in Potassic Fertilizers, mainly from China ($44.6M), Canada ($28.6M), Malaysia ($9.92M), Jordan ($3.76M), and Germany ($3.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Sri Lanka$1.41M (134%)
Pakistan$958k (1%)
Canada$828k (1.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Vietnam WERE (2022 - 2023):
Malaysia-$44.8M (-74.7%)
Indonesia-$18.6M (-69.8%)
Philippines-$10.9M (-90.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Potassic Fertilizers were:
Canada $9.44B
Belarus $2.01B
In 2023, Vietnam's main importing competitors in Potassic Fertilizers were:

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $8.69M
TOP IMPORT POTENTIALRussia+ $13M

Potassic Fertilizers’s highest export potential is Indonesia. With an export gap of $8.69M.   Potassic Fertilizers’s highest import potential is Russia with an import gap of $13M.

See methodology.

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