Potassium chloride, in packs >10 kg310420 (Harmonized System 1992 for 6-digit)
2019 World Trade: $14.4B, Rnk 199 / 4648
2019 Top Exporter | Top Importer: $5.24B | $2.9B, Canada | Brazil
2019 Product Complexity: -1.05, Rnk 4012 / 4826
2018 - 2019 Export Growth (CAGR): 0.57%, Rnk 1400 / 4648
2018 Mean Tariff: 1.27%, Rnk 6343 / 6538
2019 Share of World Trade: 0.079%, Rnk 199 / 4648
Overview: This page contains the latest trade data of Potassium chloride, in packs >10 kg. In 2019, Potassium chloride, in packs >10 kg were the world's 199th most traded product, with a total trade of $14.4B. Between 2018 and 2019 the exports of Potassium chloride, in packs >10 kg grew by 0.57%, from $14.3B to $14.4B. Trade in Potassium chloride, in packs >10 kg represent 0.079% of total world trade.
Exports: In 2019 the top exporters of Potassium chloride, in packs >10 kg were Canada ($5.24B), Belarus ($2.77B), Russia ($2.37B), Germany ($969M), and Israel ($881M).
Imports: In 2019 the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.9B), United States ($2.72B), China ($2.09B), India ($1.21B), and Indonesia ($674M).
Tariffs: In 2018 the average tariff for Potassium chloride, in packs >10 kg was 1.27%, making it the 6343rd lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Potassium chloride, in packs >10 kg are India (6.25%), Armenia (6.21%), Kazakhstan (6.21%), Kyrgyzstan (6.21%), and Belarus (6.21%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Egypt (0%), Ethiopia (0%), and Ghana (0%).
Ranking: Potassium chloride, in packs >10 kg ranks 4012th in the Product Complexity Index (PCI).
Description: Potassium chloride is a salt that is often used as a food additive or as an electrolyte for IVs. It is also used in the manufacturing of other chemicals and as a fertilizer.
Trade By Country
Potassium chloride, in packs >10 kg are the world's 199th most traded product.
In 2019, the top exporters of Potassium chloride, in packs >10 kg were Canada ($5.24B), Belarus ($2.77B), Russia ($2.37B), Germany ($969M), and Israel ($881M).
In 2019, the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.9B), United States ($2.72B), China ($2.09B), India ($1.21B), and Indonesia ($674M).
Trade by country
Between 2018 and 2019, the exports of Potassium chloride, in packs >10 kg grew the fastest in Russia ($299M), Lithuania ($115M), Belarus ($44.3M), Canada ($25.1M), and Uruguay ($20.3M).
Between 2018 and 2019, the fastest growing importers of Potassium chloride, in packs >10 kg were China ($381M), Brazil ($184M), India ($122M), Estonia ($88.6M), and United Kingdom ($43.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Potassium chloride, in packs >10 kg.
In 2019, market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Potassium chloride, in packs >10 kg are explained by 7 countries.
This map shows which countries export or import more of Potassium chloride, in packs >10 kg. Each country is colored based on the difference in exports and imports of Potassium chloride, in packs >10 kg during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Potassium chloride, in packs >10 kg were Canada ($5.24B), Belarus ($2.77B), Russia ($2.33B), Germany ($924M), and Israel ($881M).
In 2019, the countries that had a largest trade value in imports than in exports of Potassium chloride, in packs >10 kg were Brazil ($2.9B), United States ($2.07B), China ($2.03B), India ($1.21B), and Indonesia ($673M).
In 2018, the average tariff for importing Potassium chloride, in packs >10 kg was 1.27%. The countries with the highest tariffs for importing Potassium chloride, in packs >10 kg were India (6.25%), Armenia (6.21%), Kazakhstan (6.21%), Kyrgyzstan (6.21%), and Belarus (6.21%).
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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