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280920 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.93BRnk 618 / 4644
2023
Top Exporter | Top Importer $1.41B | $2.44BMorocco | India
2023
Product Complexity -0.65Rnk 3426 / 4656
2022 - 2023
Export Growth (CAGR) -32.2%Rnk 4299 / 4644
2023
Share of World Trade 0.026%Rnk 618 / 4644

About

Overview This page contains the latest trade data of Phosphoric acid and polyphosphoric acids. In 2023, Phosphoric acid and polyphosphoric acids were the world's 618th most traded product, with a total trade of $5.93B. Between 2022 and 2023 the exports of Phosphoric acid and polyphosphoric acids decreased by -32.2%, from $8.74B to $5.93B. Trade in Phosphoric acid and polyphosphoric acids represent 0.026% of total world trade.

Phosphoric acid and polyphosphoric acids are a part of Phosphoric Acid.

Exports In 2023 the top exporters of Phosphoric acid and polyphosphoric acids  were Morocco ($1.41B), Jordan ($706M), China ($682M), Senegal ($497M), and Israel ($388M).

Imports In 2023 the top importers of Phosphoric acid and polyphosphoric acids were India ($2.44B), United States ($444M), Pakistan ($300M), Netherlands ($286M), and Turkey ($252M).

Ranking Phosphoric acid and polyphosphoric acids ranks 3426th in the Product Complexity Index (PCI).

Description The common uses of phosphoric acid and polyphosphoric acids are for the production of fertilizers, and to produce fertilizers, plastics, and detergents.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phosphoric acid and polyphosphoric acids. 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 (2023)Morocco$1.41B
Top Destination (2023)India$2.44B

In 2023 Phosphoric acid and polyphosphoric acids were the world's 618th most traded product (out of 4,644).

In 2023, the top exporters of Phosphoric acid and polyphosphoric acids were Morocco ($1.41B), Jordan ($706M), China ($682M), Senegal ($497M), and Israel ($388M).

In 2023, the top importers of Phosphoric acid and polyphosphoric acids were India ($2.44B), United States ($444M), Pakistan ($300M), Netherlands ($286M), and Turkey ($252M).

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Exporters of Phosphoric acid and polyphosphoric acids (2023)
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Importers of Phosphoric acid and polyphosphoric acids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$45.1M
Top Destination Growth (2022 -  2023)Mexico$91.4M

Between 2022 and 2023, the exports of Phosphoric acid and polyphosphoric acids grew the fastest in Netherlands ($45.1M), Indonesia ($36.1M), Czechia ($13M), Vietnam ($6.46M), and Libya ($5.75M).

Between 2022 and 2023, the fastest growing importers of Phosphoric acid and polyphosphoric acids were Mexico ($91.4M), United States ($11.9M), Ireland ($10.3M), Trinidad and Tobago ($3.62M), and Eswatini ($2.45M).

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Exporters of Phosphoric acid and polyphosphoric acids (2022 - 2023)

Importers of Phosphoric acid and polyphosphoric acids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phosphoric acid and polyphosphoric acids.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Phosphoric acid and polyphosphoric acids are explained by 14 countries.

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Value of Exports in Phosphoric acid and polyphosphoric acids

Net Trade

TOP NET EXPORTER (2023)Morocco$1.4B
TOP NET IMPORTER (2023)India$2.43B

This map shows which countries export or import more of Phosphoric acid and polyphosphoric acids. Each country is colored based on the difference in exports and imports of Phosphoric acid and polyphosphoric acids during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Phosphoric acid and polyphosphoric acids were Morocco ($1.4B), Jordan ($706M), China ($645M), Senegal ($496M), and Israel ($386M).

In 2023, the countries that had a largest trade value in imports than in exports of Phosphoric acid and polyphosphoric acids were India ($2.43B), Pakistan ($300M), Turkey ($244M), Spain ($218M), and France ($179M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Phosphoric acid and polyphosphoric acids.
It is possible to select the main countries that export or import Phosphoric acid and polyphosphoric acids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Phosphoric acid and polyphosphoric acids 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 (2023)

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