HS Icon Potassium chloride, in packs >10 kg

310420 (Harmonized System 1992 for 6-digit)

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).

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.

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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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Canada, $4.81B

Top Destination (2020): Brazil, $2.38B

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).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Jordan, $259M

Top Destination Growth (2019 - 2020): Nigeria, $42.6M

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).

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Market Concentration

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Cumulative market share

Value

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.

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TOP NET EXPORTER (2020): Canada, $4.8B

TOP NET IMPORTER (2020): Brazil, $2.37B

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).

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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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.