HS Icon Phosphatic Fertilizers

3103 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.87B, Rnk 745 / 1217

2019
Top Exporter | Top Importer
: $496M | $506M, China | Brazil

2019
Product Complexity
: -1.3, Rnk 848 / 961

2018 - 2019
Export Growth (CAGR)
: -7%, Rnk 849 / 1217

2018
Mean Tariff
: 2.42%, Rnk 1185 / 1259

 2019
Share of World Trade
: 0.01%, Rnk 745 / 1217

Overview:  This page contains the latest trade data of Phosphatic Fertilizers. In 2019, Phosphatic Fertilizers were the world's 745th most traded product, with a total trade of $1.87B. Between 2018 and 2019 the exports of Phosphatic Fertilizers decreased by -7%, from  $2.01B to $1.87B. Trade in Phosphatic Fertilizers represent 0.01% of total world trade.

Exports: In 2019 the top exporters of Phosphatic Fertilizers  were China ($496M), Morocco ($380M), Israel ($244M), Egypt ($218M), and Tunisia ($108M).

Imports: In 2019 the top importers of Phosphatic Fertilizers were Brazil ($506M), Bangladesh ($204M), Indonesia ($151M), France ($100M), and Iran ($100M).

Tariffs: In 2018 the average tariff for Phosphatic Fertilizers was 2.42%, making it the 1185th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Phosphatic Fertilizers are Algeria (12.9%), Uzbekistan (9.58%), Romania (8.58%), Bulgaria (8.24%), and Israel (6.81%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Egypt (0%), Ethiopia (0%), and Ghana (0%).

Ranking: Phosphatic Fertilizers ranks 848th in the Product Complexity Index (PCI).

Description: Phosphatic fertilisers are used to increase the availability of phosphorus in the soil. This is important for the plant's growth and development.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $496M

Top Destination (2019): Brazil, $506M

Phosphatic Fertilizers are the world's 745th most traded product.

In 2019, the top exporters of Phosphatic Fertilizers were China ($496M), Morocco ($380M), Israel ($244M), Egypt ($218M), and Tunisia ($108M).

In 2019, the top importers of Phosphatic Fertilizers were Brazil ($506M), Bangladesh ($204M), Indonesia ($151M), France ($100M), and Iran ($100M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Egypt, $30.8M

Top Destination Growth (2018 - 2019): Brazil, $75.1M

Between 2018 and 2019, the exports of Phosphatic Fertilizers grew the fastest in Egypt ($30.8M), Jordan ($23.5M), Morocco ($12.3M), Tunisia ($6.82M), and Qatar ($4.86M).

Between 2018 and 2019, the fastest growing importers of Phosphatic Fertilizers were Brazil ($75.1M), Iran ($44.2M), Bangladesh ($20.5M), Djibouti ($19.3M), and Germany ($19.2M).

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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 Phosphatic Fertilizers.

In 2019,  market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Phosphatic Fertilizers are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $495M

TOP NET IMPORTER (2019): Brazil, $501M

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

In 2019, the countries that had a largest trade value in exports than in imports of Phosphatic Fertilizers were China ($495M), Morocco ($379M), Israel ($244M), Egypt ($218M), and Tunisia ($108M).

In 2019, the countries that had a largest trade value in imports than in exports of Phosphatic Fertilizers were Brazil ($501M), Indonesia ($144M), Iran ($100M), France ($94.6M), and United States ($56.6M).

Disaggregation

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Value

In 2019, the world most traded Phosphatic Fertilizers, disaggragated by their HS6 level were Superphosphates, in packs >10 kg ($1.57B) and Phosphatic fertilizers, mixes, nes, pack >10kg ($294M)

Import Tariffs

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In 2018, the average tariff for importing Phosphatic Fertilizers was 2.42%.  The countries with the highest tariffs for importing Phosphatic Fertilizers were Algeria (12.9%), Uzbekistan (9.58%), Romania (8.58%), Bulgaria (8.24%), and Israel (6.81%).

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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.