2022
Exports
$4.93BWorld Rnk 2 / 130
Flag Rnk 13 / 1200
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$1.19MWorld Rnk 123 / 189
Flag Rnk 1033 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $4.93B in Potassic Fertilizers, making it the 2nd largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 13th most exported product in Russia. The main destination of Potassic Fertilizers exports from Russia are: Brazil ($2.25B), China ($790M), United States ($750M), Indonesia ($566M), and Malaysia ($131M).

The fastest growing export markets for Potassic Fertilizers of Russia between 2021 and 2022 were Brazil ($1.11B), United States ($452M), and Indonesia ($349M).

Imports In 2022, Russia imported $1.19M in Potassic Fertilizers, becoming the 123rd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 1033rd most imported product in Russia. Russia imports Potassic Fertilizers primarily from: Kazakhstan ($216k), Lithuania ($212k), Czechia ($137k), Sweden ($133k), and China ($119k).

The fastest growing import markets in Potassic Fertilizers for Russia between 2021 and 2022 were Kazakhstan ($205k), Lithuania ($200k), and Netherlands ($41.3k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Potassic Fertilizers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.93B
IMPORTS (2022)$1.19M
NET TRADE (2022)$4.93B

In 2022, Russia exported $4.93B in Potassic Fertilizers. The main destinations of Russia exports on Potassic Fertilizers were Brazil ($2.25B), China ($790M), United States ($750M), Indonesia ($566M), and Malaysia ($131M).

In 2022, Russia imported $1.19M in Potassic Fertilizers, mainly from Kazakhstan ($216k), Lithuania ($212k), Czechia ($137k), Sweden ($133k), and China ($119k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Brazil$1.11B (96.7%)
United States$452M (152%)
Indonesia$349M (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Russia WERE (2021 - 2022):
Estonia-$162M (-100%)
Finland-$120M (-100%)
Nigeria-$57.2M (-80%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Germany $2.73B
In 2022, Russia's main importing competitors in Potassic Fertilizers were:

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $281M
TOP IMPORT POTENTIALChina+ $197k

Potassic Fertilizers’s highest export potential is China. With an export gap of $281M.   Potassic Fertilizers’s highest import potential is China with an import gap of $197k.

See methodology.

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