Potassic Fertilizers in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $8.25M in Potassic Fertilizers, making it the 43rd largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 627th most exported product in Brazil. The main destination of Potassic Fertilizers exports from Brazil are: Uruguay ($3.53M), Paraguay ($1.52M), Mexico ($1.03M), Bolivia ($833k), and United States ($649k).

The fastest growing export markets for Potassic Fertilizers of Brazil between 2021 and 2022 were Uruguay ($3.41M), United States ($384k), and Mexico ($184k).

Imports In 2022, Brazil imported $7.59B in Potassic Fertilizers, becoming the 1st largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 4th most imported product in Brazil. Brazil imports Potassic Fertilizers primarily from: Canada ($2.31B), Russia ($2.25B), Israel ($786M), Germany ($768M), and United States ($411M).

The fastest growing import markets in Potassic Fertilizers for Brazil between 2021 and 2022 were Canada ($1.24B), Russia ($1.11B), and Israel ($515M).

COMPANIES In 2023, leading companies such as JBS USA FOOD COMPANY (84) were at the forefront of shipping Potassic Fertilizers from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Potassic Fertilizers exports accounted up to $1.3M and imports accounted up to $172M, resulting in a negative trade balance of $171M. Between February 2023 and February 2024 the exports of Brazil's Potassic Fertilizers have increased by $882k (210%) from $421k to $1.3M, while imports decreased by $-205M (-54.4%) from $377M to $172M.

Destinations In February 2024, Potassic Fertilizers were exported mostly to Paraguay ($899k), United States ($142k), Canada ($141k), Mexico ($59.2k), and Bolivia ($41k), and were imported mostly from Russia ($46.6M), Canada ($42.6M), Israel ($35.3M), Uzbekistan ($12.5M), and Germany ($10.6M).

Growth In February 2024, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to Paraguay ($193k or 236%), Bolivia ($157k or 7.85M%), and Mexico ($33.7k or 31.6%). In February 2024, the decrease in Potassic Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Russia ($-63.8M or -40.6%), Belarus ($-25.2M or -49.3%), and Chile ($-24.6M or -97.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$882k(210%)

IMPORT GROWTH (February 2023 - February 2024)$-205M(-54.4%)

MAIN EXPORTER (February 2024)Paraná$833k

MAIN DESTINATION (February 2024)Paraguay$899k

This section shows Potassic Fertilizers's exports and imports data at subnational level for Brazil. 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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.25M

IMPORTS (2022)$7.59B

NET TRADE (2022)-$7.59B

In 2022, Brazil exported $8.25M in Potassic Fertilizers. The main destinations of Brazil exports on Potassic Fertilizers were Uruguay ($3.53M), Paraguay ($1.52M), Mexico ($1.03M), Bolivia ($833k), and United States ($649k).

In 2022, Brazil imported $7.59B in Potassic Fertilizers, mainly from Canada ($2.31B), Russia ($2.25B), Israel ($786M), Germany ($768M), and United States ($411M).

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