To help global NP fertilizer manufacturers, exporters, fertilizer distributors, and traders efficiently expand into the Vietnamese market, the analyst has released the "Vietnam NP Fertilizer Import Guide 2023-2026." The guide provides an overview of the Vietnamese NP fertilizer industry, import market, and import company information for the period.
The types of importing companies are diverse, including large 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 NP Fertilizer Import Guide 2023-2026" aims to provide NP fertilizer 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 typical agricultural country, with a long-standing demand for phosphate and nitrogen fertilizers for crops such as rice, coffee, rubber, pepper, and fruits. NP fertilizers can not only be used directly as fertilizer but are also a core intermediate raw material in the production of NPK fertilizers. As agriculture shifts towards high-yield and cash crops, the demand for high-concentration, nutrient-stable NP fertilizers is gradually increasing.
Vietnam possesses a certain capacity for NP fertilizer production, primarily relying on local phosphate rock resources and its state-owned chemical industry system. However, the overall scale and raw material supply capabilities are limited, making it difficult to fully meet market demand. During periods of rising raw material costs or peak demand, Vietnam still needs to supplement its production through imports.
In recent years, Vietnamese agriculture has gradually shifted towards cash crops, high-value-added crops, and export-oriented production, placing higher demands on the nutrient balance, stability, and application efficiency of fertilizers. This has led to the evolution of traditional single-nutrient fertilizers towards compound and functional formulations.
In the future, driven by agricultural modernization, the upgrading of the compound fertilizer industry, and policy standardization, market demand is expected to maintain a steady upward trend. Companies with advantages in technology, quality, and supply chain will have better development prospects.
According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially NP fertilizers. Due to limited local NP fertilizer production capacity, Vietnam needs to import a large amount of fertilizer annually to meet agricultural production needs. Vietnam's NP fertilizer import market is influenced by a combination of factors, including agricultural production demand, insufficient domestic supply, and international trade conditions. With the continued advancement of agricultural modernization, NP fertilizer imports will be expected to maintain an upward trend.
According to statistics, approximately 48 buyers in Vietnam imported NP fertilizer in 2024, totaling US$ 52.15 million, an increase of 36.1% year-on-year. In 2025, Vietnam's total NP fertilizer imports reached US$124 million, a 138.4% increase compared to the same period in 2024.
China is Vietnam's largest source of NP fertilizer imports.
According to analysis, China, South Korea and Chile are the top three sources of Vietnam's NP fertilizer imports, accounting for approximately 94.9%, 4.5%, and 0.3% 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 NP fertilizer imports will continue to rise steadily in the coming years.
As Vietnam's agricultural structure shifts towards high-value-added crops and intensive management, it places higher demands on the nutrient balance, stability, and quality standards of compound fertilizer products. While existing domestic production capacity can meet basic needs, imports are still necessary to supplement the supply of high-quality, high-concentration, and functional products. This provides an entry point for foreign investment in the industry.
The types of importing companies are diverse, including large 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 NP Fertilizer Import Guide 2023-2026" aims to provide NP fertilizer 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
NP fertilizer is a crucial component of Vietnam's fertilizer system, holding a key position in agricultural production and the NPK compound fertilizer industry chain. It is characterized by stable demand, a coexistence of domestic and imported products, and a primary role as an intermediate raw material.Vietnam is a typical agricultural country, with a long-standing demand for phosphate and nitrogen fertilizers for crops such as rice, coffee, rubber, pepper, and fruits. NP fertilizers can not only be used directly as fertilizer but are also a core intermediate raw material in the production of NPK fertilizers. As agriculture shifts towards high-yield and cash crops, the demand for high-concentration, nutrient-stable NP fertilizers is gradually increasing.
Vietnam possesses a certain capacity for NP fertilizer production, primarily relying on local phosphate rock resources and its state-owned chemical industry system. However, the overall scale and raw material supply capabilities are limited, making it difficult to fully meet market demand. During periods of rising raw material costs or peak demand, Vietnam still needs to supplement its production through imports.
In recent years, Vietnamese agriculture has gradually shifted towards cash crops, high-value-added crops, and export-oriented production, placing higher demands on the nutrient balance, stability, and application efficiency of fertilizers. This has led to the evolution of traditional single-nutrient fertilizers towards compound and functional formulations.
In the future, driven by agricultural modernization, the upgrading of the compound fertilizer industry, and policy standardization, market demand is expected to maintain a steady upward trend. Companies with advantages in technology, quality, and supply chain will have better development prospects.
Import Market Overview
The import market for NP fertilizer is growing rapidly in Vietnam.According to analysis, Vietnam is a major agricultural country with a consistently high demand for fertilizers, especially NP fertilizers. Due to limited local NP fertilizer production capacity, Vietnam needs to import a large amount of fertilizer annually to meet agricultural production needs. Vietnam's NP fertilizer import market is influenced by a combination of factors, including agricultural production demand, insufficient domestic supply, and international trade conditions. With the continued advancement of agricultural modernization, NP fertilizer imports will be expected to maintain an upward trend.
According to statistics, approximately 48 buyers in Vietnam imported NP fertilizer in 2024, totaling US$ 52.15 million, an increase of 36.1% year-on-year. In 2025, Vietnam's total NP fertilizer imports reached US$124 million, a 138.4% increase compared to the same period in 2024.
China is Vietnam's largest source of NP fertilizer imports.
According to analysis, China, South Korea and Chile are the top three sources of Vietnam's NP fertilizer imports, accounting for approximately 94.9%, 4.5%, and 0.3% 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 NP fertilizer imports will continue to rise steadily in the coming years.
Overview of Foreign Investment in Vietnam's NP Fertilizer Industry
Investment Background
Vietnam is a major agricultural country, with crops such as rice, coffee, and fruits and vegetables having consistently stable nitrogen and phosphorus nutrient requirements. NP fertilizers not only support traditional fertilization but are also widely used as an important raw material for NPK fertilizers.As Vietnam's agricultural structure shifts towards high-value-added crops and intensive management, it places higher demands on the nutrient balance, stability, and quality standards of compound fertilizer products. While existing domestic production capacity can meet basic needs, imports are still necessary to supplement the supply of high-quality, high-concentration, and functional products. This provides an entry point for foreign investment in the industry.
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. NP fertilizer 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
- Garsoni (Vietnam) Company Limited
- Nguyen Duy Co. Ltd.
- Behn Meyer Agricare Vietnam 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.
LOADING...
