HS Icon Fertilizers, mixes, nes

310590 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $2.19B, Rnk 1227 / 4648

2019
Top Exporter | Top Importer
: $604M | $338M, Israel | Brazil

2019
Product Complexity
: -1.23, Rnk 4193 / 4826

2018 - 2019
Export Growth (CAGR)
: 6.75%, Rnk 631 / 4648

2018
Mean Tariff
: 3.5%, Rnk 5404 / 6538

 2019
Share of World Trade
: 0.012%, Rnk 1227 / 4648

Overview:  This page contains the latest trade data of Fertilizers, mixes, nes. In 2019, Fertilizers, mixes, nes were the world's 1227th most traded product, with a total trade of $2.19B. Between 2018 and 2019 the exports of Fertilizers, mixes, nes grew by 6.75%, from  $2.06B to $2.19B. Trade in Fertilizers, mixes, nes represent 0.012% of total world trade.

Exports: In 2019 the top exporters of Fertilizers, mixes, nes  were Israel ($604M), Spain ($244M), Chile ($191M), United States ($175M), and China ($116M).

Imports: In 2019 the top importers of Fertilizers, mixes, nes were Brazil ($338M), China ($223M), Mexico ($166M), United States ($114M), and Italy ($62.8M).

Tariffs: In 2018 the average tariff for Fertilizers, mixes, nes was 3.5%, making it the 5404th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fertilizers, mixes, nes are Algeria (12.5%), Uzbekistan (9.58%), Iran (9.5%), Romania (8.58%), and Bulgaria (7.09%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Ethiopia (0%), Kenya (0%), and Madagascar (0%).

Ranking: Fertilizers, mixes, nes ranks 4193rd in the Product Complexity Index (PCI).

Description: Fertilizers are used to add nutrients to the soil so that the plant can grow healthy and produce a bountiful yield. Fertilizers contain nitrogen, potassium, phosphorus, and other minerals that are important to the plant's health. Some fertilizers also contain other additives that can improve the quality of the soil. Mixs are the combination of fertilizer and other materials. They are often used for specific crops like vegetables, orchards, and vineyards.

Exporters and Importers

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Trade By Country

Top Origin (2019): Israel, $604M

Top Destination (2019): Brazil, $338M

Fertilizers, mixes, nes are the world's 1227th most traded product.

In 2019, the top exporters of Fertilizers, mixes, nes were Israel ($604M), Spain ($244M), Chile ($191M), United States ($175M), and China ($116M).

In 2019, the top importers of Fertilizers, mixes, nes were Brazil ($338M), China ($223M), Mexico ($166M), United States ($114M), and Italy ($62.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Israel, $234M

Top Destination Growth (2018 - 2019): Brazil, $247M

Between 2018 and 2019, the exports of Fertilizers, mixes, nes grew the fastest in Israel ($234M), Norway ($23.2M), Russia ($22.3M), United States ($20.3M), and Netherlands ($11M).

Between 2018 and 2019, the fastest growing importers of Fertilizers, mixes, nes were Brazil ($247M), Italy ($33.1M), Mexico ($24M), United Kingdom ($19.1M), and Canada ($17M).

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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 Fertilizers, mixes, nes.

In 2019,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Fertilizers, mixes, nes are explained by 19 countries.

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TOP NET EXPORTER (2019): Israel, $600M

TOP NET IMPORTER (2019): Brazil, $327M

This map shows which countries export or import more of Fertilizers, mixes, nes. Each country is colored based on the difference in exports and imports of Fertilizers, mixes, nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fertilizers, mixes, nes were Israel ($600M), Spain ($215M), Chile ($153M), United States ($60.9M), and Norway ($39.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Fertilizers, mixes, nes were Brazil ($327M), Mexico ($149M), China ($107M), Vietnam ($35.2M), and Egypt ($35.2M).

Import Tariffs

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In 2018, the average tariff for importing Fertilizers, mixes, nes was 3.5%.  The countries with the highest tariffs for importing Fertilizers, mixes, nes were Algeria (12.5%), Uzbekistan (9.58%), Iran (9.5%), Romania (8.58%), and Bulgaria (7.09%).

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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.