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310420 (Harmonized System 1992 for 6-digit)

2023
World Trade $22.7BRnk 142 / 4644
2023
Top Exporter | Top Importer $9.33B | $5.49BCanada | Brazil
2023
Product Complexity -1.28Rnk 4078 / 4656
2022 - 2023
Export Growth (CAGR) -25%Rnk 4005 / 4644
2023
Share of World Trade 0.1%Rnk 142 / 4644

About

Overview This page contains the latest trade data of Potassium chloride, in packs >10 kg. In 2023, Potassium chloride, in packs >10 kg were the world's 142nd most traded product, with a total trade of $22.7B. Between 2022 and 2023 the exports of Potassium chloride, in packs >10 kg decreased by -25%, from $30.3B to $22.7B. Trade in Potassium chloride, in packs >10 kg represent 0.1% of total world trade.

Potassium chloride, in packs >10 kg are a part of Potassic Fertilizers.

Exports In 2023 the top exporters of Potassium chloride, in packs >10 kg  were Canada ($9.33B), Russia ($4.23B), Belarus ($2.01B), Germany ($1.55B), and Israel ($1.41B).

Imports In 2023 the top importers of Potassium chloride, in packs >10 kg were Brazil ($5.49B), China ($4.69B), United States ($4.18B), India ($1.25B), and Indonesia ($957M).

Ranking Potassium chloride, in packs >10 kg ranks 4078th 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.

Latest Trends

Latest Data

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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.

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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)Canada$9.33B
Top Destination (2023)Brazil$5.49B

In 2023 Potassium chloride, in packs >10 kg were the world's 142nd most traded product (out of 4,644).

In 2023, the top exporters of Potassium chloride, in packs >10 kg were Canada ($9.33B), Russia ($4.23B), Belarus ($2.01B), Germany ($1.55B), and Israel ($1.41B).

In 2023, the top importers of Potassium chloride, in packs >10 kg were Brazil ($5.49B), China ($4.69B), United States ($4.18B), India ($1.25B), and Indonesia ($957M).

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Exporters of Potassium chloride, in packs >10 kg (2023)
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Importers of Potassium chloride, in packs >10 kg (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$384M
Top Destination Growth (2022 -  2023)China$571M

Between 2022 and 2023, the exports of Potassium chloride, in packs >10 kg grew the fastest in Uzbekistan ($384M), Turkmenistan ($168M), Laos ($167M), China ($138M), and Kazakhstan ($38.9M).

Between 2022 and 2023, the fastest growing importers of Potassium chloride, in packs >10 kg were China ($571M), Egypt ($40.2M), Ukraine ($35.6M), Germany ($21.1M), and Guatemala ($20.9M).

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Exporters of Potassium chloride, in packs >10 kg (2022 - 2023)

Importers of Potassium chloride, in packs >10 kg (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Potassium chloride, in packs >10 kg.

In 2023, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Potassium chloride, in packs >10 kg are explained by 7 countries.

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Value of Exports in Potassium chloride, in packs >10 kg

Net Trade

TOP NET EXPORTER (2023)Canada$9.33B
TOP NET IMPORTER (2023)Brazil$5.48B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Potassium chloride, in packs >10 kg were Canada ($9.33B), Russia ($4.23B), Belarus ($2.01B), Germany ($1.5B), and Israel ($1.41B).

In 2023, the countries that had a largest trade value in imports than in exports of Potassium chloride, in packs >10 kg were Brazil ($5.48B), China ($4.52B), United States ($3.8B), India ($1.23B), and Indonesia ($956M).

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 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.

Top 10 Exporters Countries of Potassium chloride, in packs >10 kg 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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