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2023
Exports $78.7MWorld Rnk 7 / 101
Flag Rnk 745 / 1217
2023
Destination $64.7M Benin
2022 - 2023
FASTEST GROWING MARKET $64.7MBenin
2023
PRODUCT COMPLEXITY IN Phosphatic Fertilizers-1.36Rnk 916 / 1025
2023
Imports $282MWorld Rnk 2 / 176
Flag Rnk 660 / 1215
2023
Origin $29.2M Israel
2022 - 2023
FASTEST GROWING ORIGIN $29.2MMorocco
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $78.7M in Phosphatic Fertilizers, making it the 7th largest exporter of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 745th most exported product in United States. The main destination of Phosphatic Fertilizers exports from United States are: Benin ($64.7M), Canada ($3.41M), Mexico ($2.72M), Ethiopia ($2.21M), and Philippines ($675k).

The fastest growing export markets for Phosphatic Fertilizers of United States between 2022 and 2023 were Benin ($64.7M), Ethiopia ($2.21M), and Mexico ($1.71M).

Imports In 2023, United States imported $282M in Phosphatic Fertilizers, becoming the 2nd largest importer of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 660th most imported product in United States. United States imports Phosphatic Fertilizers primarily from: Israel ($135M), Morocco ($62.5M), Russia ($59M), Egypt ($13.2M), and Lebanon ($11.4M).

The fastest growing import markets in Phosphatic Fertilizers for United States between 2022 and 2023 were Morocco ($29.2M), Egypt ($6.79M), and France ($283k).

COMPANIES In 2023, leading companies such as Amazon (1) and Cinmar (1) were at the forefront of shipping Phosphatic Fertilizers to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Phosphatic Fertilizers exports accounted up to $640k and imports accounted up to $4.83M, resulting in a negative trade balance of $4.19M. Between November 2023 and November 2024 the exports of United States'   Phosphatic Fertilizers have decreased by $-4.3M (-87.1%) from $4.94M to $640k, while imports decreased by $-7.54M (-61%) from $12.4M to $4.83M.

Destinations In November 2024, Phosphatic Fertilizers were exported mostly to Canada ($210k), Mexico ($181k), China ($162k), South Africa ($64.6k), and Chinese Taipei ($18.3k), and were imported mostly from Russia ($3.55M), Israel ($1.13M), Germany ($123k), Mexico ($19.4k), and China ($2.46k).

Growth In November 2024, the decrease in Phosphatic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Phosphatic Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Israel ($-4.85M or -18.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-4.3M(-87.1%)
IMPORT GROWTH (November 2023 - November 2024)$-7.54M(-61%)
MAIN EXPORTER (November 2024)Louisiana$3.49M
MAIN DESTINATION (November 2024)Canada$210k

This section shows Phosphatic 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 Phosphatic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$78.7M
IMPORTS (2023)$282M
NET TRADE (2023)-$203M

In 2023, United States exported $78.7M in Phosphatic Fertilizers. The main destinations of United States exports on Phosphatic Fertilizers were Benin ($64.7M), Canada ($3.41M), Mexico ($2.72M), Ethiopia ($2.21M), and Philippines ($675k).

In 2023, United States imported $282M in Phosphatic Fertilizers, mainly from Israel ($135M), Morocco ($62.5M), Russia ($59M), Egypt ($13.2M), and Lebanon ($11.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphatic Fertilizers EXPORT MARKETS FOR United States WERE (2022 - 2023):
Benin$64.7M (1%)
Ethiopia$2.21M (1%)
Mexico$1.71M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphatic Fertilizers BY United States WERE (2022 - 2023):
Canada-$2.35M (-40.8%)
Peru-$472k (-81.1%)
Argentina-$300k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Phosphatic Fertilizers were:
Morocco $713M
China $453M
Egypt $428M
In 2023, United States's main importing competitors in Phosphatic Fertilizers were:
Brazil $948M
Bangladesh $249M

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Trade Value of Phosphatic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.39M
TOP IMPORT POTENTIALMorocco+ $13.5M

Phosphatic Fertilizers’s highest export potential is Brazil. With an export gap of $1.39M.   Phosphatic Fertilizers’s highest import potential is Morocco with an import gap of $13.5M.

See methodology.

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