Vietnam had spent 1.12 billion USD importing 2.94 million tonnes of fertiliser in the first eight months of this year, a yearly increase of 28 percent in value and 12 percent in volume, according to the General Department of Customs.
During the period under review, SA fertiliser posted the highest import quantity at over 740,000 tonnes, up 15 percent.
It was followed by potassium, diammonium phosphate (DAP) at 530,000 tonnes, up 34 per cent; urea at 420,000 tonnes, up 29 per cent; and NPK at 350,000 tonnes, up 81 per cent.
The country, which produces more than 8 million tonnes of fertilisers a year that meet 80 percent of the domestic demand, imports most of its ammonium sulphate, potassium, and DAP for its needs, according to the Ministry of Industry and Trade.
By 2015 Vietnam will fully meet its urea, phosphate and NPK needs as well as 70-80 percent of DAP and 30 percent of SA needs.-VNA
During the period under review, SA fertiliser posted the highest import quantity at over 740,000 tonnes, up 15 percent.
It was followed by potassium, diammonium phosphate (DAP) at 530,000 tonnes, up 34 per cent; urea at 420,000 tonnes, up 29 per cent; and NPK at 350,000 tonnes, up 81 per cent.
The country, which produces more than 8 million tonnes of fertilisers a year that meet 80 percent of the domestic demand, imports most of its ammonium sulphate, potassium, and DAP for its needs, according to the Ministry of Industry and Trade.
By 2015 Vietnam will fully meet its urea, phosphate and NPK needs as well as 70-80 percent of DAP and 30 percent of SA needs.-VNA
