Has said the Ministry of Agriculture and Rural Development of Vietnam , 2014 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 , 900,000 tons of biological nitrogen , potash 960,000 tons , DAP (DAP) 90 million tons of compound fertilizer (NPK) 400 million tons, 1.8 million tons of phosphate fertilizer .
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 is expected in 2014 will exceed the demand for 400,000 tons .
Vietnamese Ministry of Agriculture and Rural Development , said two months of 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 imported fertilizer in China , accounting for 31 percent of Vietnam ‘s total import of fertilizers .
It is reported that , in order to protect the domestic fertilizer companies in Vietnam , the Vietnamese Ministry of Finance at the end of 2013 raised some fertilizer import duties , which , urea and biological nitrogen (SA) import tax from zero to 3%. But China fertilizer export tax to 2% from 2014 onwards . Therefore, compared with fertilizer imports from China , Vietnam Fertilizer competitiveness remains poor. To improve the competitiveness of Vietnamese fertilizer , Vietnam Fertilizer Association has made three recommendations , namely: Restructuring Vietnamese fertilizer distribution market , increase Laos, Cambodia and Myanmar and other countries export efforts to increase imports from China fertilizer management efforts.(http://www.lubonchem.com offer)