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Fertilizers; mineral or chemical, potassic

3104 (Harmonized System 1992 for 4-digit)

2022
World Trade $32.7BRnk 146 / 1218
2022
Top Exporter | Top Importer $13.4B | $7.59BCanada | Brazil
2022
Product Complexity -1.17Rnk 888 / 1033
2021 - 2022
Export Growth (CAGR) 68.4%Rnk 19 / 1218
2022
Share of World Trade 0.14%Rnk 146 / 1218

About

Overview This page contains the latest trade data of Potassic Fertilizers. In 2022, Potassic Fertilizers were the world's 146th most traded product, with a total trade of $32.7B. Between 2021 and 2022 the exports of Potassic Fertilizers grew by 68.4%, from $19.4B to $32.7B. Trade in Potassic Fertilizers represent 0.14% of total world trade.

Potassic Fertilizers are a part of Fertilizers. They include Potassium chloride, in packs >10 kg, Potassic fertilizers, mixes, nes, pack >10 kg, Potassium sulphate, in packs >10 kg, and Carnallite, sylvite, crude potassium salts nes, >10kg.

Exports In 2022 the top exporters of Potassic Fertilizers  were Canada ($13.4B), Russia ($4.93B), Germany ($2.73B), Israel ($2.31B), and Jordan ($2.13B).

Imports In 2022 the top importers of Potassic Fertilizers were Brazil ($7.59B), United States ($6.3B), China ($4.13B), Indonesia ($2.11B), and India ($1.75B).

Ranking Potassic Fertilizers ranks 888th 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 Trends

Latest Data

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Y-AXIS SCALE

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.

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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)Canada$13.4B
Top Destination (2022)Brazil$7.59B

In 2022 Potassic Fertilizers were the world's 146th most traded product (out of 1,218).

In 2022, the top exporters of Potassic Fertilizers were Canada ($13.4B), Russia ($4.93B), Germany ($2.73B), Israel ($2.31B), and Jordan ($2.13B).

In 2022, the top importers of Potassic Fertilizers were Brazil ($7.59B), United States ($6.3B), China ($4.13B), Indonesia ($2.11B), and India ($1.75B).

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Exporters of Potassic Fertilizers (2022)
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Importers of Potassic Fertilizers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$7.29B
Top Destination Growth (2021 -  2022)Brazil$3.48B

Between 2021 and 2022, the exports of Potassic Fertilizers grew the fastest in Canada ($7.29B), Israel ($1.44B), Russia ($1.38B), Germany ($1.2B), and Jordan ($878M).

Between 2021 and 2022, the fastest growing importers of Potassic Fertilizers were Brazil ($3.48B), United States ($2.36B), China ($2.26B), Indonesia ($895M), and India ($745M).

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Exporters of Potassic Fertilizers (2021 - 2022)

Importers of Potassic Fertilizers (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Potassic Fertilizers are explained by 8 countries.

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Value of Exports in Potassic Fertilizers

Net Trade

TOP NET EXPORTER (2022)Canada$13.3B
TOP NET IMPORTER (2022)Brazil$7.59B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Potassic Fertilizers were Canada ($13.3B), Russia ($4.93B), Germany ($2.68B), Israel ($2.3B), and Jordan ($2.13B).

In 2022, the countries that had a largest trade value in imports than in exports of Potassic Fertilizers were Brazil ($7.59B), United States ($4.8B), China ($4B), Indonesia ($2.08B), and India ($1.73B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Potassic Fertilizers, disaggragated by their HS6 level were Potassium chloride, in packs >10 kg ($28.9B), Potassic fertilizers, mixes, nes, pack >10... ($2.27B), and Potassium sulphate, in packs >10 kg ($1.5B)

HS6 Disaggregation for Potassic Fertilizers (2022)
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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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $387M
TOP IMPORT POTENTIALUnited States+ $11.6M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $387M.  Potassic Fertilizers’s highest import potential is United States with an import gap of $11.6M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Potassic Fertilizers.

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 (2022)

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