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310210 (Harmonized System 1992 for 6-digit)

2023
World Trade $23.6BRnk 136 / 4644
2023
Top Exporter | Top Importer $3.1B | $3.39BRussia | India
2023
Product Complexity -1.51Rnk 4279 / 4656
2022 - 2023
Export Growth (CAGR) -43.3%Rnk 4483 / 4644
2023
Share of World Trade 0.1%Rnk 136 / 4644

About

Overview This page contains the latest trade data of Urea, including aqueous solution in packs >10 kg. In 2023, Urea, including aqueous solution in packs >10 kg were the world's 136th most traded product, with a total trade of $23.6B. Between 2022 and 2023 the exports of Urea, including aqueous solution in packs >10 kg decreased by -43.3%, from $41.6B to $23.6B. Trade in Urea, including aqueous solution in packs >10 kg represent 0.1% of total world trade.

Urea, including aqueous solution in packs >10 kg are a part of Nitrogenous Fertilizers.

Exports In 2023 the top exporters of Urea, including aqueous solution in packs >10 kg  were Russia ($3.1B), Oman ($2.51B), Egypt ($2.41B), China ($1.9B), and Qatar ($1.82B).

Imports In 2023 the top importers of Urea, including aqueous solution in packs >10 kg were India ($3.39B), Brazil ($2.77B), United States ($2.01B), Turkey ($1.26B), and Australia ($1.18B).

Ranking Urea, including aqueous solution in packs >10 kg ranks 4279th in the Product Complexity Index (PCI).

Description Urea is a natural byproduct of protein metabolism and is excreted by the kidneys. It provides some solute for the urine, which is then diluted and voided from the body. It can also be used as a fertilizer. A 10 kg bag of urea is intended for use as a personal, non-commercial fertilizer.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Urea, including aqueous solution 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)Russia$3.1B
Top Destination (2023)India$3.39B

In 2023 Urea, including aqueous solution in packs >10 kg were the world's 136th most traded product (out of 4,644).

In 2023, the top exporters of Urea, including aqueous solution in packs >10 kg were Russia ($3.1B), Oman ($2.51B), Egypt ($2.41B), China ($1.9B), and Qatar ($1.82B).

In 2023, the top importers of Urea, including aqueous solution in packs >10 kg were India ($3.39B), Brazil ($2.77B), United States ($2.01B), Turkey ($1.26B), and Australia ($1.18B).

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Exporters of Urea, including aqueous solution in packs >10 kg (2023)
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Importers of Urea, including aqueous solution in packs >10 kg (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$116M
Top Destination Growth (2022 -  2023)Ukraine$149M

Between 2022 and 2023, the exports of Urea, including aqueous solution in packs >10 kg grew the fastest in China ($116M), Venezuela ($92.9M), Brunei ($90.1M), India ($30.8M), and Tanzania ($19.1M).

Between 2022 and 2023, the fastest growing importers of Urea, including aqueous solution in packs >10 kg were Ukraine ($149M), Vietnam ($74.9M), Malawi ($42.3M), Zambia ($40.1M), and Cambodia ($37.4M).

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Exporters of Urea, including aqueous solution in packs >10 kg (2022 - 2023)

Importers of Urea, including aqueous solution in packs >10 kg (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Urea, including aqueous solution in packs >10 kg.

In 2023, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Urea, including aqueous solution in packs >10 kg are explained by 22 countries.

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Value of Exports in Urea, including aqueous solution in packs >10 kg

Net Trade

TOP NET EXPORTER (2023)Russia$3.1B
TOP NET IMPORTER (2023)India$3.35B

This map shows which countries export or import more of Urea, including aqueous solution in packs >10 kg. Each country is colored based on the difference in exports and imports of Urea, including aqueous solution in packs >10 kg during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Urea, including aqueous solution in packs >10 kg were Russia ($3.1B), Oman ($2.51B), Egypt ($2.41B), China ($1.9B), and Qatar ($1.82B).

In 2023, the countries that had a largest trade value in imports than in exports of Urea, including aqueous solution in packs >10 kg were India ($3.35B), Brazil ($2.76B), United States ($1.48B), Australia ($1.17B), and Turkey ($1.17B).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Urea, including aqueous solution in packs >10 kg.
It is possible to select the main countries that export or import Urea, including aqueous solution in packs >10 kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Urea, including aqueous solution 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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