2022
Exports
$621MWorld Rnk 25 / 151
Flag Rnk 101 / 1176
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers
-1.29Rnk 905 / 1025
2022
Imports
$391MWorld Rnk 37 / 211
Flag Rnk 166 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $621M in Nitrogenous Fertilizers, making it the 25th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 101st most exported product in Vietnam. The main destination of Nitrogenous Fertilizers exports from Vietnam are: India ($239M), Cambodia ($131M), South Korea ($45.4M), Indonesia ($36.4M), and France ($24.9M).

The fastest growing export markets for Nitrogenous Fertilizers of Vietnam between 2021 and 2022 were India ($239M), Indonesia ($32.3M), and Cambodia ($30.8M).

Imports In 2022, Vietnam imported $391M in Nitrogenous Fertilizers, becoming the 37th largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 166th most imported product in Vietnam. Vietnam imports Nitrogenous Fertilizers primarily from: China ($269M), Indonesia ($31.7M), Japan ($28.5M), Chinese Taipei ($17.1M), and Malaysia ($14M).

The fastest growing import markets in Nitrogenous Fertilizers for Vietnam between 2021 and 2022 were Brunei ($11.2M), Japan ($10.8M), and Norway ($3.89M).

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 Nitrogenous 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)$621M
IMPORTS (2022)$391M
NET TRADE (2022)$230M

In 2022, Vietnam exported $621M in Nitrogenous Fertilizers. The main destinations of Vietnam exports on Nitrogenous Fertilizers were India ($239M), Cambodia ($131M), South Korea ($45.4M), Indonesia ($36.4M), and France ($24.9M).

In 2022, Vietnam imported $391M in Nitrogenous Fertilizers, mainly from China ($269M), Indonesia ($31.7M), Japan ($28.5M), Chinese Taipei ($17.1M), and Malaysia ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$239M (1%)
Indonesia$32.3M (801%)
Cambodia$30.8M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Vietnam WERE (2021 - 2022):
Bangladesh-$14.2M (-100%)
South Korea-$9.64M (-17.5%)
China-$7.23M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Vietnam's main importing competitors in Nitrogenous Fertilizers were:

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $49.1M
TOP IMPORT POTENTIALChina+ $35.4M

Nitrogenous Fertilizers’s highest export potential is India. With an export gap of $49.1M.   Nitrogenous Fertilizers’s highest import potential is China with an import gap of $35.4M.

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