Urea, including aqueous solution in packs >10 kg310210 (Harmonized System 1992 for 6-digit)
2020 World Trade: $13.7B, Rnk 199 / 4613
2020 Top Exporter | Top Importer: $1.55B | $2.53B, Russia | India
2020 Product Complexity: -1.65, Rnk 4502 / 4783
2019 - 2020 Export Growth (CAGR): -6.4%, Rnk 2028 / 4613
2018 Mean Tariff: 4.84%, Rnk 4317 / 6538
2020 Share of World Trade: 0.082%, Rnk 199 / 4613
Overview This page contains the latest trade data of Urea, including aqueous solution in packs >10 kg. In 2020, Urea, including aqueous solution in packs >10 kg were the world's 199th most traded product, with a total trade of $13.7B. Between 2019 and 2020 the exports of Urea, including aqueous solution in packs >10 kg decreased by -6.4%, from $14.7B to $13.7B. Trade in Urea, including aqueous solution in packs >10 kg represent 0.082% of total world trade.
Urea, including aqueous solution in packs >10 kg are a part of Nitrogenous Fertilizers.
Exports In 2020 the top exporters of Urea, including aqueous solution in packs >10 kg were Russia ($1.55B), China ($1.5B), Saudi Arabia ($1.21B), Qatar ($1.15B), and Egypt ($1.11B).
Imports In 2020 the top importers of Urea, including aqueous solution in packs >10 kg were India ($2.53B), Brazil ($1.63B), United States ($991M), Australia ($615M), and Thailand ($568M).
Tariffs In 2018 the average tariff for Urea, including aqueous solution in packs >10 kg was 4.84%, making it the 4317th lowest tariff using the HS6 product classification.
Ranking Urea, including aqueous solution in packs >10 kg ranks 4502nd 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.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Urea, including aqueous solution in packs >10 kg are the world's 199th most traded product.
In 2020, the top exporters of Urea, including aqueous solution in packs >10 kg were Russia ($1.55B), China ($1.5B), Saudi Arabia ($1.21B), Qatar ($1.15B), and Egypt ($1.11B).
In 2020, the top importers of Urea, including aqueous solution in packs >10 kg were India ($2.53B), Brazil ($1.63B), United States ($991M), Australia ($615M), and Thailand ($568M).
Trade by country
Top Origin Growth (2019 - 2020): Ukraine, $149M
Top Destination Growth (2019 - 2020): Switzerland, $99.8M
Between 2019 and 2020, the exports of Urea, including aqueous solution in packs >10 kg grew the fastest in Ukraine ($149M), Indonesia ($77.2M), United States ($70.6M), Saudi Arabia ($59.2M), and Turkmenistan ($50.3M).
Between 2019 and 2020, the fastest growing importers of Urea, including aqueous solution in packs >10 kg were Switzerland ($99.8M), Mexico ($54.3M), Australia ($48.5M), Argentina ($45.2M), and Canada ($42.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Urea, including aqueous solution in packs >10 kg.
In 2020, market concentration measured using Shannon Entropy, was 4.53. This means that most of the exports of Urea, including aqueous solution in packs >10 kg are explained by 23 countries.
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Urea, including aqueous solution in packs >10 kg were Russia ($1.55B), China ($1.49B), Saudi Arabia ($1.21B), Qatar ($1.15B), and Egypt ($1.11B).
In 2020, the countries that had a largest trade value in imports than in exports of Urea, including aqueous solution in packs >10 kg were India ($2.5B), Brazil ($1.62B), United States ($727M), Australia ($610M), and Thailand ($525M).
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.
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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