Vietnam’s fertilizer exports in 2024 showcased remarkable growth, reaching 1.73 million tons and generating nearly $710 million in revenue. This represents an 11.7% rise in export volume and a 9.4% increase in revenue compared to the previous year, reflecting Vietnam’s strengthened role in global trade.
The average export price of $411.1 per ton, while slightly lower than the previous year, remains competitive in international markets. December alone saw exports of over 154,000 tons, earning $65.4 million—a monthly increase in both volume and value, underlining Vietnam’s strong trade performance.
Asian markets remained vital for Vietnam’s fertilizer exports, with regional demand driving significant growth. These markets contribute not only to Vietnam’s economic stability but also to its standing as a trusted partner in international trade.
Fertilizer exports have played a pivotal role in supporting Vietnam’s thriving agricultural sector, which achieved record outputs in rice, fruits, and coffee in 2024. The development of advanced fertilizers, including sustainable and high-efficiency products, further emphasizes Vietnam’s commitment to quality and innovation in trade.
As global demand for fertilizers continues to grow, Vietnam is well-positioned to expand its presence in both established and emerging markets. This achievement highlights the country’s contribution to global agricultural development and economic cooperation.
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