310520 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Nitrogen-phosphorus-potassium fertilizers, pack >10kg. In 2022, Nitrogen-phosphorus-potassium fertilizers, pack >10kg were the world's 344th most traded product, with a total trade of $11.3B. Between 2021 and 2022 the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg grew by 19%, from $9.47B to $11.3B. Trade in Nitrogen-phosphorus-potassium fertilizers, pack >10kg represent 0.048% of total world trade.

Nitrogen-phosphorus-potassium fertilizers, pack >10kg are a part of Mixed Mineral or Chemical Fertilizers.

Exports In 2022 the top exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg  were Russia ($2.9B), Norway ($1.64B), Finland ($857M), Belgium ($753M), and Morocco ($513M).

Imports In 2022 the top importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Brazil ($1.4B), India ($930M), China ($476M), Thailand ($429M), and Spain ($372M).

Ranking Nitrogen-phosphorus-potassium fertilizers, pack >10kg ranks 3904th in the Product Complexity Index (PCI).

Description Nitrogen (N) fertilizers are the most commonly used fertilizer. It is important for obtaining optimum plant growth and ensuring the soil has sufficient nitrogen. Fertilizers that have high levels of nitrogen can be used to produce rapid plant growth. Phosphorus (P) is also a key nutrient in plant growth, and is important for strong root development. It is also important for flowering and fruit production. Potassium (K) is necessary for plant development. It is important for leaves, flowers, stems, fruit, and seed production.

Latest Data

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The following visualization shows the latest trends on Nitrogen-phosphorus-potassium fertilizers, pack >10kg. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Russia$2.9B
Top Destination (2022)Brazil$1.4B

In 2022 Nitrogen-phosphorus-potassium fertilizers, pack >10kg were the world's 344th most traded product (out of 4,648).

In 2022, the top exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Russia ($2.9B), Norway ($1.64B), Finland ($857M), Belgium ($753M), and Morocco ($513M).

In 2022, the top importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Brazil ($1.4B), India ($930M), China ($476M), Thailand ($429M), and Spain ($372M).

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Exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2022)
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Importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Russia$653M
Top Destination Growth (2021 -  2022)Brazil$529M

Between 2021 and 2022, the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg grew the fastest in Russia ($653M), Norway ($581M), Finland ($224M), Spain ($105M), and United States ($86.7M).

Between 2021 and 2022, the fastest growing importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Brazil ($529M), India ($470M), Colombia ($149M), Thailand ($117M), and Benin ($114M).

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Exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2021 - 2022)

Importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg.

In 2022, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg are explained by 19 countries.

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Value of Exports in Nitrogen-phosphorus-potassium fertilizers, pack >10kg

Net Trade

TOP NET EXPORTER (2022)Russia$2.88B
TOP NET IMPORTER (2022)Brazil$1.29B

This map shows which countries export or import more of Nitrogen-phosphorus-potassium fertilizers, pack >10kg. Each country is colored based on the difference in exports and imports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Russia ($2.88B), Norway ($1.62B), Finland ($798M), Belgium ($667M), and Morocco ($497M).

In 2022, the countries that had a largest trade value in imports than in exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Brazil ($1.29B), India ($916M), Thailand ($348M), Romania ($275M), and Ukraine ($250M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Nitrogen-phosphorus-potassium fertilizers, pack >10kg.
It is possible to select the main countries that export or import Nitrogen-phosphorus-potassium fertilizers, pack >10kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nitrogen-phosphorus-potassium fertilizers, pack >10kg by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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