Fertilizers; mineral or chemical, potassic

3104 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Potassic Fertilizers. In 2021, Potassic Fertilizers were the world's 222nd most traded product, with a total trade of $19.1B. Between 2020 and 2021 the exports of Potassic Fertilizers grew by 26.1%, from $15.2B to $19.1B. Trade in Potassic Fertilizers represent 0.091% of total world trade.

Potassic Fertilizers are a part of Fertilizers.

Exports In 2021 the top exporters of Potassic Fertilizers  were Canada ($6.03B), Russia ($3.53B), Belarus ($2.63B), Germany ($1.53B), and Jordan ($1.2B).

Imports In 2021 the top importers of Potassic Fertilizers were Brazil ($4.1B), United States ($3.83B), China ($1.87B), Indonesia ($1.21B), and India ($919M).

Ranking Potassic Fertilizers ranks 792nd in the Product Complexity Index (PCI).

Description Potassic fertilisers are used in agriculture to increase soil pH and to reduce soil acidity. They are also used as a source of potassium.

Latest Data

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

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

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

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Historical Data

Exporters and Importers

Top Origin (2021)Canada$6.03B
Top Destination (2021)Brazil$4.1B

In 2021 Potassic Fertilizers were the world's 222nd most traded product (out of 1,217).

In 2021, the top exporters of Potassic Fertilizers were Canada ($6.03B), Russia ($3.53B), Belarus ($2.63B), Germany ($1.53B), and Jordan ($1.2B).

In 2021, the top importers of Potassic Fertilizers were Brazil ($4.1B), United States ($3.83B), China ($1.87B), Indonesia ($1.21B), and India ($919M).

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Exporters of Potassic Fertilizers (2021)
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Importers of Potassic Fertilizers (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Russia$1.46B
Top Destination Growth (2020 -  2021)Brazil$1.62B

Between 2020 and 2021, the exports of Potassic Fertilizers grew the fastest in Russia ($1.46B), Canada ($1.18B), Germany ($305M), Jordan ($218M), and Belarus ($175M).

Between 2020 and 2021, the fastest growing importers of Potassic Fertilizers were Brazil ($1.62B), United States ($1.32B), Indonesia ($520M), Malaysia ($154M), and Colombia ($101M).

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Exporters of Potassic Fertilizers (2020 - 2021)

Importers of Potassic Fertilizers (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Potassic Fertilizers.

In 2021, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Potassic Fertilizers are explained by 9 countries.

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Value of Exports in Potassic Fertilizers

Net Trade

TOP NET EXPORTER (2021)Canada$5.99B
TOP NET IMPORTER (2021)Brazil$4.09B

This map shows which countries export or import more of Potassic Fertilizers. Each country is colored based on the difference in exports and imports of Potassic Fertilizers during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Potassic Fertilizers were Canada ($5.99B), Russia ($3.48B), Belarus ($2.62B), Germany ($1.47B), and Jordan ($1.2B).

In 2021, the countries that had a largest trade value in imports than in exports of Potassic Fertilizers were Brazil ($4.09B), United States ($2.91B), China ($1.64B), Indonesia ($1.2B), and India ($910M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Potassic Fertilizers, disaggragated by their HS6 level were Potassium chloride, in packs >10 kg ($16.7B), Potassic fertilizers, mixes, nes, pack >10... ($1.24B), and Potassium sulphate, in packs >10 kg ($1.14B)

HS6 Disaggregation for Potassic Fertilizers (2021)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Potassic Fertilizers 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 (2021)

Country by Relatedness

The following visualization shows the relatedness of Potassic Fertilizers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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