Fertilizers in United States 2021 Exports | Imports : $4.13B | $9.94B, World Rnk 6 / 178 Rnk 46 / 96 | World Rnk 2 / 222 Rnk 39 / 96
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $313M | $1.04B, Canada | Canada
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Fertilizers: -0.84, Rnk 784 / 1024
Exports In 2021, United States exported $4.13B in Fertilizers, making it the 6th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 46th most exported product in United States. The main destination of Fertilizers exports from United States are: Canada ($1.4B), Brazil ($989M), Mexico ($257M), Australia ($169M), and Colombia ($157M).
The fastest growing export markets for Fertilizers of United States between 2020 and 2021 were Canada ($313M), Brazil ($289M), and Mexico ($28.3M).
Imports In 2021, United States imported $9.94B in Fertilizers, becoming the 2nd largest importer of Fertilizers in the world. At the same year, Fertilizers was the 39th most imported product in United States. United States imports Fertilizers primarily from: Canada ($3.8B), Russia ($1.04B), Saudi Arabia ($634M), Jordan ($601M), and Qatar ($436M).
The fastest growing import markets in Fertilizers for United States between 2020 and 2021 were Canada ($1.04B), Russia ($600M), and Jordan ($540M).
May 2023
Overview In May 2023 United States' Fertilizers exports accounted up to $456M and imports accounted up to $866M, resulting in a negative trade balance of $410M. Between May 2022 and May 2023 the exports of United States' Fertilizers have decreased by $-300M (-39.7%) from $756M to $456M, while imports decreased by $-291M (-25.1%) from $1.16B to $866M.
Destinations In May 2023, Fertilizers were exported mostly to Canada ($215M), Brazil ($115M), Australia ($25.1M), Mexico ($22.6M), and Japan ($14.6M), and were imported mostly from Canada ($384M), Russia ($128M), Algeria ($65.5M), Saudi Arabia ($62.2M), and Nigeria ($41.8M).
Growth In May 2023, the decrease in Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Japan ($-12.7M or -95.5%), Belgium ($-5.57M or -32.9%), and Argentina ($-3.97M or -94.9%). In May 2023, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-26.7M or -49.7%), Jordan ($-18.1M or -42.8%), and Germany ($-12.7M or -69%).
EXPORT GROWTH (May 2022 - May 2023): $-300M, (-39.7%)
IMPORT GROWTH (May 2022 - May 2023): $-291M, (-25.1%)
MAIN EXPORTER (May 2023): Florida, $200M
MAIN DESTINATION (May 2023): Canada, $215M
This section shows Fertilizers's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Fertilizers over time.
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EXPORTS (2021): $4.13B
IMPORTS (2021): $9.94B
NET TRADE (2021): -$5.81B
In 2021, United States exported $4.13B in Fertilizers. The main destinations of United States exports on Fertilizers were Canada ($1.4B), Brazil ($989M), Mexico ($257M), Australia ($169M), and Colombia ($157M).
In 2021, United States imported $9.94B in Fertilizers, mainly from Canada ($3.8B), Russia ($1.04B), Saudi Arabia ($634M), Jordan ($601M), and Qatar ($436M).
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Fertilizers were:
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