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2022
Exports $13.4BWorld Rnk 1 / 130
Flag Rnk 6 / 1210
2022
Destination $2.03B United States
2021 - 2022
FASTEST GROWING MARKET $2.03BUnited States
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers-0.82Rnk 785 / 1025
2022
Imports $79.1MWorld Rnk 37 / 189
Flag Rnk 616 / 1213
2022
Origin $32.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $32.2MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $13.4B in Potassic Fertilizers, making it the 1st largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 6th most exported product in Canada. The main destination of Potassic Fertilizers exports from Canada are: United States ($5.03B), Brazil ($2.31B), China ($1.19B), Indonesia ($1.03B), and India ($733M).

The fastest growing export markets for Potassic Fertilizers of Canada between 2021 and 2022 were United States ($2.03B), Brazil ($1.24B), and China ($861M).

Imports In 2022, Canada imported $79.1M in Potassic Fertilizers, becoming the 37th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 616th most imported product in Canada. Canada imports Potassic Fertilizers primarily from: United States ($67.1M), Germany ($6.89M), Israel ($828k), China ($793k), and Sweden ($722k).

The fastest growing import markets in Potassic Fertilizers for Canada between 2021 and 2022 were United States ($32.2M), Germany ($6.37M), and Israel ($526k).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Potassic Fertilizers exports accounted up to C$720M and imports accounted up to C$2.64M, resulting in a positive trade balance of C$717M. Between July 2023 and July 2024 the exports of Canada's   Potassic Fertilizers have increased by C$68.7M (10.5%) from C$651M to C$720M, while imports decreased by C$-1.39M (-34.5%) from C$4.03M to C$2.64M.

Destinations In July 2024, Potassic Fertilizers were exported mostly to United States (C$350M), Brazil (C$130M), Indonesia (C$45.1M), China (C$36.2M), and India (C$35.5M), and were imported mostly from United States (C$2.21M), Germany (C$221k), Sweden (C$54.8k), France (C$50.3k), and Belgium (C$50.1k).

Growth In July 2024, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to United States (C$181M or 50.9%), Brazil (C$118M or 163%), and Belgium (C$48.8M or 185%). In July 2024, the decrease in Potassic Fertilizers's year-by-year imports was explained primarily by a decrease in imports from United States (C$-314k or -5.03%), Canada (C$-18.9k or -92.7%), and Spain (C$-14.5k or -95.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$68.7M(10.5%)
IMPORT GROWTH (July 2023 - July 2024)C$-1.39M(-34.5%)
MAIN EXPORTER (July 2024)SaskatchewanC$763M
MAIN DESTINATION (July 2024)United StatesC$350M

This section shows Potassic Fertilizers's exports and imports data at subnational level for Canada. 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 (2022)$13.4B
IMPORTS (2022)$79.1M
NET TRADE (2022)$13.3B

In 2022, Canada exported $13.4B in Potassic Fertilizers. The main destinations of Canada exports on Potassic Fertilizers were United States ($5.03B), Brazil ($2.31B), China ($1.19B), Indonesia ($1.03B), and India ($733M).

In 2022, Canada imported $79.1M in Potassic Fertilizers, mainly from United States ($67.1M), Germany ($6.89M), Israel ($828k), China ($793k), and Sweden ($722k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.03B (67.6%)
Brazil$1.24B (116%)
China$861M (265%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Canada WERE (2021 - 2022):
Australia-$30.7M (-67.1%)
Honduras-$10.5M (-58.2%)
Burma-$7.78M (-95.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Potassic Fertilizers were:
Russia $4.93B
Germany $2.73B
In 2022, Canada's main importing competitors in Potassic Fertilizers were:
Brazil $7.59B
United States $6.3B
China $4.13B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $387M
TOP IMPORT POTENTIALUnited States+ $11.6M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $387M.   Potassic Fertilizers’s highest import potential is United States with an import gap of $11.6M.

See methodology.

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