2022
Exports
$322MWorld Rnk 22 / 159
Flag Rnk 171 / 1176
2022
PRODUCT COMPLEXITY IN Mixed Mineral or Chemical Fertilizers
-1Rnk 840 / 1025
2022
Imports
$672MWorld Rnk 14 / 218
Flag Rnk 104 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $322M in Mixed Mineral or Chemical Fertilizers, making it the 22nd largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 171st most exported product in Vietnam. The main destination of Mixed Mineral or Chemical Fertilizers exports from Vietnam are: Cambodia ($94.9M), Indonesia ($44.8M), Philippines ($42.5M), Burma ($36M), and Malaysia ($22.5M).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Vietnam between 2021 and 2022 were Burma ($29M), Philippines ($25.3M), and Malaysia ($17.3M).

Imports In 2022, Vietnam imported $672M in Mixed Mineral or Chemical Fertilizers, becoming the 14th largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 104th most imported product in Vietnam. Vietnam imports Mixed Mineral or Chemical Fertilizers primarily from: China ($342M), Russia ($157M), Israel ($45.4M), South Korea ($44.5M), and Philippines ($18.9M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Vietnam between 2021 and 2022 were Russia ($42.5M), China ($15.8M), and South Korea ($6.55M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (4) and LG Electronics (1) were at the forefront of shipping Mixed Mineral or Chemical Fertilizers from Vietnam to the United States.

Latest Trends

Jul 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 Mixed Mineral or Chemical 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 (2022)$322M
IMPORTS (2022)$672M
NET TRADE (2022)-$349M

In 2022, Vietnam exported $322M in Mixed Mineral or Chemical Fertilizers. The main destinations of Vietnam exports on Mixed Mineral or Chemical Fertilizers were Cambodia ($94.9M), Indonesia ($44.8M), Philippines ($42.5M), Burma ($36M), and Malaysia ($22.5M).

In 2022, Vietnam imported $672M in Mixed Mineral or Chemical Fertilizers, mainly from China ($342M), Russia ($157M), Israel ($45.4M), South Korea ($44.5M), and Philippines ($18.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mixed Mineral or Chemical Fertilizers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Burma$29M (415%)
Philippines$25.3M (147%)
Malaysia$17.3M (335%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mixed Mineral or Chemical Fertilizers BY Vietnam WERE (2021 - 2022):
Mozambique-$19.7M (-74.2%)
Nepal-$7.91M (-100%)
India-$6.39M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Mixed Mineral or Chemical Fertilizers were:
Russia $7.45B
Morocco $7.06B
China $6.29B
In 2022, Vietnam's main importing competitors in Mixed Mineral or Chemical Fertilizers were:

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Trade Value of Mixed Mineral or Chemical Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $7.61M
TOP IMPORT POTENTIALChina+ $60.5M

Mixed Mineral or Chemical Fertilizers’s highest export potential is China. With an export gap of $7.61M.   Mixed Mineral or Chemical Fertilizers’s highest import potential is China with an import gap of $60.5M.

See methodology.

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