” Vietnam Economic Times” reported on March 11 , the Vietnamese Ministry of Agriculture and Rural Development , said in 2014 , the Vietnam National Fertilizer demand is about 11 million tons , an increase of 700,000 tons . Among them, the demand is about 2.2 million tons of urea , biological nitrogen (SA) 90 million tons of potash (kali) 96 million tons of diammonium phosphate (DAP) 90 million tons of compound fertilizer (NPK) 400 million tons, 1.8 million tons of phosphate fertilizer .
Reported that Vietnam’s fertilizer production enterprises currently have 500 , the total output of about 800 million tons, 80 percent of the country to meet the demand . Among them, urea, compound fertilizer (NPK) fertilizer production and basically meet the domestic demand. Urea production in 2014 is expected to exceed demand for 400,000 tons .
Vietnamese Ministry of Agriculture and Rural Development , said the first two months 2014 , Vietnam imported 487,000 tons of fertilizer . Among them, 9,000 tons of urea imports , imports of $ 4,000,000 , biological nitrogen (SA) 14.7 million tons, imports $ 20 million . The main source of fertilizer imports by China, imports from China accounted for 31 % of Vietnam’s fertilizer import total fertilizer .
Reported that , in order to protect the domestic fertilizer production efficiency in Vietnam , the Vietnamese Ministry of Finance at the end of 2013 raised some fertilizer import duties , which , urea and biological nitrogen (SA) increased from zero import duty tariff to 3%. However, due to China’s fertilizer export tax to 2% from 2014 onwards . Therefore, compared with fertilizer imports from China , Vietnam Fertilizer competitiveness remains poor.
Reported that , in order to improve the competitiveness of Vietnamese fertilizer , recommendations Vietnam Fertilizer Association . First, the restructuring of the fertilizer distribution market in Vietnam . Second, Vietnam fertilizer enterprises to increase export efforts . Such as increasing exports to Laos, Cambodia and Myanmar. Third, the proposed functions Vietnamese border provinces to increase imports from China fertilizer management efforts.(http://www.lubonchem.com supply)
