Cambodia remains the main fertilizer export market of Vietnam, accounting for 35.4% of total fertilizer exports, reaching 160.8 thousand tons, valued at 51.6 million USD, up 72.82% in volume and An increase of 72.44% in value. The second largest export market was Malaysia, reaching 63.5 thousand tons, worth $ 11.5 million, up both in volume and value, up by 60.39% and 91.91%, respectively. The Korean market, with the export volume of 41 thousand tons, valued at USD 7.6 million, increased by 18.98% in volume but turnover decreased 12% over the same period.
In addition to these three major markets, Vietnam’s fertilizer exports to other markets such as Laos, the Philippines, Thailand, Japan and Taiwan. In general, the first half of this year the amount of fertilizer exported to the markets have a positive growth rate, accounting for 75% and vice versa, the market decline is only 25%.
Especially, the fertilizer export to Laos market has the strongest increase, 1.8 times higher than the same period (82.33% increase), whereas the fertilizer export to the Philippines decreased the most, decreased 61.75% corresponding to 18 thousand tons.
In addition to the Lao market with strong growth, exports to some markets also grew quite as: Cambodia, Malasyia, Thailand increased 72.82% respectively; 60.39% and 71.37% respectively.
(According to Vinanet.vn)
