HS Icon Monoammonium phosphate & mix with diammonium, <=10 kg

310540 (Harmonized System 1992 for 6-digit)

World Trade (2018): $5.03B, Rnk 626 / 4726

Top Exporter (2018): $1.08B, Russia

Top Importer (2018): $1.34B, Brazil

Export Growth (CAGR)(2017 - 2018): 28.6%, Rnk 863 / 4726

Mean Tariff (2018): 2.57%, Rnk 5941 / 6538

Share of World Trade (2018): 0.027%, Rnk 626 / 4726

Overview:  This page contains the latest trade data of Monoammonium phosphate & mix with diammonium, <=10 kg. In 2018, Monoammonium phosphate & mix with diammonium, <=10 kg were the world's 626th most traded product, with a total trade of $5.03B. Between 2017 and 2018 the exports of Monoammonium phosphate & mix with diammonium, <=10 kg grew by 28.6%, from  $3.91B to $5.03B. Trade in Monoammonium phosphate & mix with diammonium, <=10 kg represent 0.027% of total world trade.

Exports: In 2018 the top exporters of Monoammonium phosphate & mix with diammonium, <=10 kg  were Russia ($1.08B), Morocco ($1.03B), United States ($943M), China ($907M), and Saudi Arabia ($351M).

Imports: In 2018 the top importers of Monoammonium phosphate & mix with diammonium, <=10 kg were Brazil ($1.34B), United States ($727M), Canada ($461M), Australia ($352M), and Argentina ($312M).

Tariffs: In 2018 the average tariff for Monoammonium phosphate & mix with diammonium, <=10 kg was 2.57%, been the 5941 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Monoammonium phosphate & mix with diammonium, <=10 kg are Uzbekistan (9.58%), Romania (8.59%), Cyprus (6.5%), Armenia (6.21%), and Kazakhstan (6.21%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Egypt (0%), Ethiopia (0%), and Ghana (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $1.08B

Top Destination (2018): Brazil, $1.34B

Monoammonium phosphate & mix with diammonium, <=10 kg are the world's 626th most traded product.

In 2018, the top exporters of Monoammonium phosphate & mix with diammonium, <=10 kg were Russia ($1.08B), Morocco ($1.03B), United States ($943M), China ($907M), and Saudi Arabia ($351M).

In 2018, the top importers of Monoammonium phosphate & mix with diammonium, <=10 kg were Brazil ($1.34B), United States ($727M), Canada ($461M), Australia ($352M), and Argentina ($312M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Russia, $258M

Top Destination Growth (2017 - 2018): United States, $361M

Between 2017 and 2018, the exports of Monoammonium phosphate & mix with diammonium, <=10 kg grew the fastest in Russia ($258M), Morocco ($254M), China ($156M), Saudi Arabia ($127M), and United States ($77.1M).

Between 2017 and 2018, the fastest growing importers of Monoammonium phosphate & mix with diammonium, <=10 kg were United States ($361M), Brazil ($152M), Estonia ($149M), Canada ($103M), and Argentina ($73.6M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Monoammonium phosphate & mix with diammonium, <=10 kg.

In 2018,  market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Monoammonium phosphate & mix with diammonium, <=10 kg are explained by 8 countries.

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TOP NET EXPORTER (2018): Russia, $1.08B

TOP NET IMPORTER (2018): Brazil, $1.34B

This map shows which countries export or import more of Monoammonium phosphate & mix with diammonium, <=10 kg. Each country is colored based on the difference in exports and imports of Monoammonium phosphate & mix with diammonium, <=10 kg during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Monoammonium phosphate & mix with diammonium, <=10 kg were Russia ($1.08B), Morocco ($1.03B), China ($904M), Saudi Arabia ($345M), and United States ($215M).

In 2018, the countries that had a largest trade value in imports than in exports of Monoammonium phosphate & mix with diammonium, <=10 kg were Brazil ($1.34B), Canada ($459M), Australia ($312M), Argentina ($311M), and Estonia ($196M).

Trade Forecasts

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This section shows forecasts for total trade for Monoammonium phosphate & mix with diammonium, <=10 kg. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Monoammonium phosphate & mix with diammonium, <=10 kg was 2.57%.  The countries with the highest tariffs for importing Monoammonium phosphate & mix with diammonium, <=10 kg were Uzbekistan (9.58%), Romania (8.59%), Cyprus (6.5%), Armenia (6.21%), and Kazakhstan (6.21%).

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Product Complexity

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Diversification Frontier

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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.