Potassium chloride, in packs >10 kg310420 (Harmonized System 1992 for 6-digit)
2020 World Trade: $13B, Rnk 208 / 4613
2020 Top Exporter | Top Importer: $4.81B | $2.38B, Canada | Brazil
2020 Product Complexity: -0.86, Rnk 3765 / 4783
2019 - 2020 Export Growth (CAGR): -10.8%, Rnk 2610 / 4613
2018 Mean Tariff: 1.26%, Rnk 6389 / 6538
2020 Share of World Trade: 0.078%, Rnk 208 / 4613
Overview This page contains the latest trade data of Potassium chloride, in packs >10 kg. In 2020, Potassium chloride, in packs >10 kg were the world's 208th most traded product, with a total trade of $13B. Between 2019 and 2020 the exports of Potassium chloride, in packs >10 kg decreased by -10.8%, from $14.6B to $13B. Trade in Potassium chloride, in packs >10 kg represent 0.078% of total world trade.
Potassium chloride, in packs >10 kg are a part of Potassic Fertilizers.
Exports In 2020 the top exporters of Potassium chloride, in packs >10 kg were Canada ($4.81B), Belarus ($2.41B), Russia ($1.93B), Germany ($890M), and United States ($775M).
Imports In 2020 the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.38B), United States ($2.38B), China ($1.68B), India ($1.19B), and Indonesia ($639M).
Tariffs In 2018 the average tariff for Potassium chloride, in packs >10 kg was 1.26%, making it the 6389th lowest tariff using the HS6 product classification.
Ranking Potassium chloride, in packs >10 kg ranks 3765th in the Product Complexity Index (PCI).
Description Potassium chloride is a salt that is often used as a food additive or as an electrolyte for IVs. It is also used in the manufacturing of other chemicals and as a fertilizer.
The following visualization shows the latest trends on Potassium chloride, in packs >10 kg. 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.
Trade By Country
Potassium chloride, in packs >10 kg are the world's 208th most traded product.
In 2020, the top exporters of Potassium chloride, in packs >10 kg were Canada ($4.81B), Belarus ($2.41B), Russia ($1.93B), Germany ($890M), and United States ($775M).
In 2020, the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.38B), United States ($2.38B), China ($1.68B), India ($1.19B), and Indonesia ($639M).
Trade by country
Between 2019 and 2020, the exports of Potassium chloride, in packs >10 kg grew the fastest in Jordan ($259M), Estonia ($15.6M), Chile ($11.3M), Saudi Arabia ($7.87M), and Belgium ($7.4M).
Between 2019 and 2020, the fastest growing importers of Potassium chloride, in packs >10 kg were Nigeria ($42.6M), Poland ($38.7M), Estonia ($38.1M), Ecuador ($24.5M), and Australia ($21.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Potassium chloride, in packs >10 kg.
In 2020, market concentration measured using Shannon Entropy, was 2.89. This means that most of the exports of Potassium chloride, in packs >10 kg are explained by 7 countries.
This map shows which countries export or import more of Potassium chloride, in packs >10 kg. Each country is colored based on the difference in exports and imports of Potassium chloride, in packs >10 kg during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Potassium chloride, in packs >10 kg were Canada ($4.8B), Belarus ($2.41B), Russia ($1.91B), Germany ($845M), and Israel ($758M).
In 2020, the countries that had a largest trade value in imports than in exports of Potassium chloride, in packs >10 kg were Brazil ($2.37B), China ($1.61B), United States ($1.6B), India ($1.18B), and Indonesia ($637M).
This visualization shows the countries that have an important ratio of their trade related to Potassium chloride, in packs >10 kg. It is possible to select the main countries that export or import Potassium chloride, in packs >10 kg in the world, or by continent, as well as select the measure of interest.
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.
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