To help global diammonium hydrogen phosphate (DAP) manufacturers, exporters, fertilizer distributors and related chemical companies efficiently expand into the Vietnamese market, the analyst has released the "Vietnam Diammonium Hydrogen Phosphate (DAP) Import Guide 2023-2026." The guide provides an overview of the Vietnamese diammonium hydrogen phosphate (DAP) industry, import market, and import company information for the period.
The types of importing companies are diverse, including compound fertilizer manufacturers, 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 Diammonium Hydrogen Phosphate (DAP) Import Guide 2023-2026" aims to provide diammonium hydrogen phosphate (DAP) 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 is a major agricultural country with extensive rice, coffee, rubber, pepper, and fruit cultivation, resulting in a long-term stable demand for phosphate fertilizers. As agriculture shifts towards high-value-added cash crops and export-oriented cultivation, Vietnam's demand for high-concentration, stable-quality compound fertilizers has increased.
DAP contains both nitrogen and phosphorus, making it an important basic phosphate fertilizer. It is also widely used in NPK compound fertilizer production, thus its demand comes from both the direct fertilization market and downstream compound fertilizer companies.
Vietnam possesses a certain DAP production capacity, primarily concentrated in the northern region, leveraging local phosphate rock resources (such as the Lao Cai phosphate mine) and its state-owned chemical industry. However, due to limited raw material supply, domestic production capacity cannot fully meet market demand.
In the long term, DAP demand will keep pace with the growth of agricultural output and the development of the compound fertilizer industry, but the industry’s profitability will still be highly dependent on international price cycles and the ability to control raw material costs.
According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially diammonium phosphate (DAP). Due to limited domestic DAP production capacity, Vietnam needs to import large quantities of DAP each year to meet its agricultural production needs.
According to statistics, approximately 60 buyers in Vietnam imported diammonium hydrogen phosphate (DAP) in 2024, totaling US$ 465 million, an increase of 69.7% year-on-year. In 2025, Vietnam's total diammonium hydrogen phosphate (DAP) imports reached US$576 million, a 23.9% increase compared to the same period in 2024.
China is Vietnam's largest source of diammonium hydrogen phosphate (DAP) imports.
According to analysis, China, Russia and Saudi Arabia are the top three sources of Vietnam’s diammonium hydrogen phosphate (DAP) imports, accounting for approximately 53.2%, 31.4%, and 6.5% of total imports respectively in 2025.
The analyst predicts that, in the medium to long term, with stable growth in agricultural output and the continued development of the compound fertilizer industry, import demand is expected to maintain sustained growth.
Some domestic DAP production capacity relies on local mineral resources, but due to limitations in raw material supply and technological level, there is still a gap compared to demand. This provides opportunities for foreign capital to participate in the market through trade, investment cooperation, or technological upgrades.
The types of importing companies are diverse, including compound fertilizer manufacturers, 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 Diammonium Hydrogen Phosphate (DAP) Import Guide 2023-2026" aims to provide diammonium hydrogen phosphate (DAP) 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
The Vietnamese diammonium phosphate (DAP) industry is characterized by a structural dependence on imports and significant price fluctuations due to international market influences. It is one of the core products in Vietnam's phosphate fertilizer system.Vietnam is a major agricultural country with extensive rice, coffee, rubber, pepper, and fruit cultivation, resulting in a long-term stable demand for phosphate fertilizers. As agriculture shifts towards high-value-added cash crops and export-oriented cultivation, Vietnam's demand for high-concentration, stable-quality compound fertilizers has increased.
DAP contains both nitrogen and phosphorus, making it an important basic phosphate fertilizer. It is also widely used in NPK compound fertilizer production, thus its demand comes from both the direct fertilization market and downstream compound fertilizer companies.
Vietnam possesses a certain DAP production capacity, primarily concentrated in the northern region, leveraging local phosphate rock resources (such as the Lao Cai phosphate mine) and its state-owned chemical industry. However, due to limited raw material supply, domestic production capacity cannot fully meet market demand.
In the long term, DAP demand will keep pace with the growth of agricultural output and the development of the compound fertilizer industry, but the industry’s profitability will still be highly dependent on international price cycles and the ability to control raw material costs.
Import Market Overview
The import market for diammonium hydrogen phosphate (DAP) is growing rapidly in Vietnam.According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially diammonium phosphate (DAP). Due to limited domestic DAP production capacity, Vietnam needs to import large quantities of DAP each year to meet its agricultural production needs.
According to statistics, approximately 60 buyers in Vietnam imported diammonium hydrogen phosphate (DAP) in 2024, totaling US$ 465 million, an increase of 69.7% year-on-year. In 2025, Vietnam's total diammonium hydrogen phosphate (DAP) imports reached US$576 million, a 23.9% increase compared to the same period in 2024.
China is Vietnam's largest source of diammonium hydrogen phosphate (DAP) imports.
According to analysis, China, Russia and Saudi Arabia are the top three sources of Vietnam’s diammonium hydrogen phosphate (DAP) imports, accounting for approximately 53.2%, 31.4%, and 6.5% of total imports respectively in 2025.
The analyst predicts that, in the medium to long term, with stable growth in agricultural output and the continued development of the compound fertilizer industry, import demand is expected to maintain sustained growth.
Overview of Foreign Investment in Vietnam's Diammonium Hydrogen Phosphate (DAP) Industry
Investment Background
Vietnam is a major agricultural country with a long-term and stable demand for phosphate fertilizers from rice, coffee, rubber, and fruit production. DAP is widely used not only as a direct fertilizer but also as an important source of phosphorus and nitrogen in NPK compound fertilizer production. Therefore, whether as a finished fertilizer or a raw material, DAP plays a crucial role in Vietnam's agricultural supply chain.Some domestic DAP production capacity relies on local mineral resources, but due to limitations in raw material supply and technological level, there is still a gap compared to demand. This provides opportunities for foreign capital to participate in the market through trade, investment cooperation, or technological upgrades.
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. Diammonium hydrogen phosphate (DAP) 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
- Tgo Commodities Haiphong Company Limited
- Japan Vietnam Fertilizer Company
- Nguyen Phan Co. Ltd
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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