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2023
Exports $12.3MWorld Rnk 35 / 128
Flag Rnk 563 / 1207
2023
Destination $7.07M Paraguay
2022 - 2023
FASTEST GROWING MARKET $7.07MParaguay
2023
PRODUCT COMPLEXITY IN Potassic Fertilizers-1.12Rnk 857 / 1025
2023
Imports $5.65BWorld Rnk 1 / 191
Flag Rnk 6 / 1200
2023
Origin $391M Canada
2022 - 2023
FASTEST GROWING ORIGIN $391MUzbekistan
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $12.3M in Potassic Fertilizers, making it the 35th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 563rd most exported product in Brazil. The main destination of Potassic Fertilizers exports from Brazil are: Paraguay ($8.47M), Mexico ($1.07M), Bolivia ($914k), Uruguay ($774k), and Colombia ($223k).

The fastest growing export markets for Potassic Fertilizers of Brazil between 2022 and 2023 were Paraguay ($7.07M), Bolivia ($324k), and Colombia ($191k).

Imports In 2023, Brazil imported $5.65B in Potassic Fertilizers, becoming the 1st largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 6th most imported product in Brazil. Brazil imports Potassic Fertilizers primarily from: Canada ($2.09B), Russia ($1.62B), Israel ($461M), Belarus ($392M), and Uzbekistan ($391M).

The fastest growing import markets in Potassic Fertilizers for Brazil between 2022 and 2023 were Uzbekistan ($391M), Canada ($120M), and Chinese Taipei ($1.15M).

COMPANIES In 2024, leading companies such as JBS Foods (17) were at the forefront of shipping Potassic Fertilizers from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Potassic Fertilizers exports accounted up to $365k and imports accounted up to $215M, resulting in a negative trade balance of $215M. Between December 2023 and December 2024 the exports of Brazil's   Potassic Fertilizers have decreased by $-272k (-42.7%) from $637k to $365k, while imports decreased by $-121M (-35.9%) from $336M to $215M.

Destinations In December 2024, Potassic Fertilizers were exported mostly to Paraguay ($134k), Uruguay ($120k), Mexico ($70.7k), Guyana ($28.8k), and Colombia ($5.67k), and were imported mostly from Russia ($122M), Canada ($55.1M), Israel ($17.2M), Germany ($15.3M), and Chile ($2.24M).

Growth In December 2024, the decrease in Potassic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Paraguay ($-68.1k or -24.8%), Mexico ($-66.9k or -47.6%), and Bolivia ($-33.8k or -21.5%). In December 2024, the decrease in Potassic Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Russia ($-24.5M or -26.3%), Israel ($-20.5M or -81.6%), and Belarus ($-9.63M or -37.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-272k(-42.7%)
IMPORT GROWTH (December 2023 - December 2024)$-121M(-35.9%)
MAIN EXPORTER (December 2024)Paraná$3.59M
MAIN DESTINATION (December 2024)Paraguay$134k

This section shows Potassic Fertilizers's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.3M
IMPORTS (2023)$5.65B
NET TRADE (2023)-$5.64B

In 2023, Brazil exported $12.3M in Potassic Fertilizers. The main destinations of Brazil exports on Potassic Fertilizers were Paraguay ($8.47M), Mexico ($1.07M), Bolivia ($914k), Uruguay ($774k), and Colombia ($223k).

In 2023, Brazil imported $5.65B in Potassic Fertilizers, mainly from Canada ($2.09B), Russia ($1.62B), Israel ($461M), Belarus ($392M), and Uzbekistan ($391M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Paraguay$7.07M (505%)
Bolivia$324k (55%)
Colombia$191k (583%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Brazil WERE (2022 - 2023):
Uruguay-$1.44M (-65.1%)
United States-$456k (-72.3%)
Angola-$256k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Potassic Fertilizers were:
Canada $9.44B
Russia $4.3B
Belarus $2.01B
In 2023, Brazil's main importing competitors in Potassic Fertilizers were:
China $4.94B
United States $4.28B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.55M
TOP IMPORT POTENTIALJordan+ $43.8M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $1.55M.   Potassic Fertilizers’s highest import potential is Jordan with an import gap of $43.8M.

See methodology.

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