To help global urea manufacturers, exporters, fertilizer distributors, traders and related chemical companies efficiently expand into the Vietnamese market, the analyst has released the "Vietnam Urea Import Guide 2023-2026." The guide provides an overview of the Vietnamese urea industry, import market, and import company information for the period.
The types of importing companies are diverse, including large agricultural groups, regional distributors, fertilizer traders and key end buyers etc. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).
The publication of the "Vietnam Urea Import Guide 2023-2026" aims to provide urea exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.
Vietnam's domestic urea production is mainly operated by state-owned or large enterprises, with production bases distributed across several provinces in southern and northern Vietnam.
Vietnam is a major agricultural country, and its demand for fertilizers has long remained at a high level. With the expansion of agricultural scale and the promotion of modern planting techniques, urea, as the most important nitrogen fertilizer, plays a core role in increasing crop yields, thus the market demand for urea continues to grow steadily.
Despite the continuous expansion of domestic production in Vietnam, the country still needs to import urea from the international market to supplement local supply and meet seasonal demand. Urea imports have been increasing in recent years, primarily due to strong agricultural demand and relatively tight domestic production.
Looking ahead, with continued agricultural development, policy optimization, and enhanced global market connectivity, Vietnam's urea industry will be expected to further enhance its competitiveness and international market share on the basis of steady growth.
According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially urea. Due to limited domestic urea production capacity, Vietnam needs to import large quantities of fertilizers annually to meet agricultural production needs.
Vietnam's urea import market is influenced by a combination of factors, including agricultural production demands, insufficient domestic supply, and international trade conditions. With the continued advancement of agricultural modernization, urea imports will be expected to maintain a growth trend.
According to statistics, approximately 80 buyers in Vietnam imported urea in 2024, totaling US$ 181 million, an increase of 13.5% year-on-year. In 2025, Vietnam's total urea imports reached US$250 million, a 38.0% increase compared to the same period in 2024.
China is Vietnam's largest source of urea imports.
According to analysis, China, Indonesia and Malaysia are the top three sources of Vietnam’s urea imports, accounting for approximately 47.2%, 16.3%, and 16.1% of total imports respectively in 2025.
The analyst predicts that, influenced by factors such as the rapid development of Vietnam's agriculture and insufficient domestic supply, Vietnam’s urea imports will continue to rise steadily in the future.
Meanwhile, Vietnam's abundant natural gas resources provide a raw material foundation for ammonia-urea synthesis plants that use natural gas as feedstock.
Furthermore, with the advancement of agricultural modernization and increasing demands for higher quality agricultural exports, the upgrading of fertilizer product structures and the growing demand for environmentally friendly fertilizers offer foreign companies opportunities for technology transfer and product differentiation.
The types of importing companies are diverse, including large agricultural groups, regional distributors, fertilizer traders and key end buyers etc. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).
The publication of the "Vietnam Urea Import Guide 2023-2026" aims to provide urea exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.
Industry Overview
Urea is a crucial component of Vietnam's fertilizer market, primarily serving agricultural fertilizer needs. As a nitrogen fertilizer, urea is one of the most widely used single fertilizers in Vietnam.Vietnam's domestic urea production is mainly operated by state-owned or large enterprises, with production bases distributed across several provinces in southern and northern Vietnam.
Vietnam is a major agricultural country, and its demand for fertilizers has long remained at a high level. With the expansion of agricultural scale and the promotion of modern planting techniques, urea, as the most important nitrogen fertilizer, plays a core role in increasing crop yields, thus the market demand for urea continues to grow steadily.
Despite the continuous expansion of domestic production in Vietnam, the country still needs to import urea from the international market to supplement local supply and meet seasonal demand. Urea imports have been increasing in recent years, primarily due to strong agricultural demand and relatively tight domestic production.
Looking ahead, with continued agricultural development, policy optimization, and enhanced global market connectivity, Vietnam's urea industry will be expected to further enhance its competitiveness and international market share on the basis of steady growth.
Import Market Overview
The import market for Urea is growing rapidly in Vietnam.According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially urea. Due to limited domestic urea production capacity, Vietnam needs to import large quantities of fertilizers annually to meet agricultural production needs.
Vietnam's urea import market is influenced by a combination of factors, including agricultural production demands, insufficient domestic supply, and international trade conditions. With the continued advancement of agricultural modernization, urea imports will be expected to maintain a growth trend.
According to statistics, approximately 80 buyers in Vietnam imported urea in 2024, totaling US$ 181 million, an increase of 13.5% year-on-year. In 2025, Vietnam's total urea imports reached US$250 million, a 38.0% increase compared to the same period in 2024.
China is Vietnam's largest source of urea imports.
According to analysis, China, Indonesia and Malaysia are the top three sources of Vietnam’s urea imports, accounting for approximately 47.2%, 16.3%, and 16.1% of total imports respectively in 2025.
The analyst predicts that, influenced by factors such as the rapid development of Vietnam's agriculture and insufficient domestic supply, Vietnam’s urea imports will continue to rise steadily in the future.
Overview of Foreign Investment in Vietnam's Urea Industry
Investment Background
Vietnam's urea industry possesses a certain foundation for foreign investment and a supportive policy environment. Vietnam is a major agricultural country with extensive rice, coffee, rubber, and fruit and vegetable cultivation areas, resulting in a long-term stable demand for nitrogen fertilizers, especially urea.Meanwhile, Vietnam's abundant natural gas resources provide a raw material foundation for ammonia-urea synthesis plants that use natural gas as feedstock.
Furthermore, with the advancement of agricultural modernization and increasing demands for higher quality agricultural exports, the upgrading of fertilizer product structures and the growing demand for environmentally friendly fertilizers offer foreign companies opportunities for technology transfer and product differentiation.
Investment Advantages
- Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people's livelihoods.
- Relatively low labor costs.
- Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.
- Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.
- Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.
Investment Regulations
According to Vietnam's Investment Law and other regulations, fertilizer production is a conditional investment sector in Vietnam, but there are no absolute restrictions on foreign investment. Foreign investors can establish wholly foreign-owned enterprises or joint ventures with local companies in accordance with the Investment Law and the Enterprise Law. Urea production enterprises must comply with the Fertilizer Management Regulations and relevant technical standards, obtain a production license, and meet environmental approval (Environmental Impact Assessment Report, EIA) requirements.Guide Highlights:
- Comprehensive Coverage:
- Detailed Information:
- Product Focus:
- Efficient Connectivity:
- Market Value:
Table of Contents
1 Industry Overview
2 Import Market Overview
3 Overview of Importers (2023-2026)
4 List of the Top 10 Importers in 2026
5 Suggestions of Investment and Cooperation
List of Charts
Companies Mentioned
- Petrovietnam Ca Mau Fertilizer Joint Stock Company
- Long Hung Import-Export and Investment Joint Stock Company
- Vinacam Group Joint Stock Company
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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