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2022
Exports $1.5BWorld Rnk 7 / 130
Flag Rnk 206 / 1217
2022
Destination $195M Brazil
2021 - 2022
FASTEST GROWING MARKET $195MBrazil
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers-0.82Rnk 785 / 1025
2022
Imports $6.3BWorld Rnk 2 / 189
Flag Rnk 100 / 1216
2022
Origin $2.03B Canada
2021 - 2022
FASTEST GROWING ORIGIN $2.03BCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.5B in Potassic Fertilizers, making it the 7th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 206th most exported product in United States. The main destination of Potassic Fertilizers exports from United States are: Brazil ($411M), China ($246M), South Korea ($132M), Belgium ($83.6M), and Australia ($75.7M).

The fastest growing export markets for Potassic Fertilizers of United States between 2021 and 2022 were Brazil ($195M), China ($121M), and Belgium ($72.4M).

Imports In 2022, United States imported $6.3B in Potassic Fertilizers, becoming the 2nd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 100th most imported product in United States. United States imports Potassic Fertilizers primarily from: Canada ($5.03B), Russia ($750M), Israel ($227M), Belarus ($109M), and Germany ($81.9M).

The fastest growing import markets in Potassic Fertilizers for United States between 2021 and 2022 were Canada ($2.03B), Russia ($452M), and Israel ($74.4M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (14), JBS Foods (7), and NOURYON FUNCTIONAL CHEMICALS LLC (4) were at the forefront of shipping Potassic Fertilizers to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Potassic Fertilizers exports accounted up to $171M and imports accounted up to $285M, resulting in a negative trade balance of $114M. Between June 2023 and June 2024 the exports of United States'   Potassic Fertilizers have increased by $126M (277%) from $45.4M to $171M, while imports increased by $4.63M (1.65%) from $280M to $285M.

Destinations In June 2024, Potassic Fertilizers were exported mostly to Brazil ($102M), China ($20.7M), South Korea ($16.3M), Australia ($5.94M), and India ($4.81M), and were imported mostly from N/A.

Growth In June 2024, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to Brazil ($30.8M or 125%), China ($5.6M or 22.1%), and Colombia ($5.35M or 82.7%). In June 2024, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Canada ($118M or 42.8%), India ($1.77M or 316%), and Germany ($1.1M or 22.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$126M(277%)
IMPORT GROWTH (June 2023 - June 2024)$4.63M(1.65%)
MAIN EXPORTER (June 2024)Oregon$178M
MAIN DESTINATION (June 2024)Brazil$102M

This section shows Potassic 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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.5B
IMPORTS (2022)$6.3B
NET TRADE (2022)-$4.8B

In 2022, United States exported $1.5B in Potassic Fertilizers. The main destinations of United States exports on Potassic Fertilizers were Brazil ($411M), China ($246M), South Korea ($132M), Belgium ($83.6M), and Australia ($75.7M).

In 2022, United States imported $6.3B in Potassic Fertilizers, mainly from Canada ($5.03B), Russia ($750M), Israel ($227M), Belarus ($109M), and Germany ($81.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Brazil$195M (90.1%)
China$121M (97.5%)
Belgium$72.4M (646%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY United States WERE (2021 - 2022):
Japan-$38.3M (-43.2%)
Thailand-$10.4M (-45.7%)
Bangladesh-$8.3M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, United States's main importing competitors in Potassic Fertilizers were:
Brazil $7.59B
China $4.13B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $53.7M
TOP IMPORT POTENTIALCanada+ $387M

Potassic Fertilizers’s highest export potential is China. With an export gap of $53.7M.   Potassic Fertilizers’s highest import potential is Canada with an import gap of $387M.

See methodology.

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