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2022
Exports $98.2MWorld Rnk 4 / 80
Flag Rnk 2356 / 4606
2022
Destination $16M India
2021 - 2022
FASTEST GROWING MARKET $16MIndia
2022
Imports $2.28MWorld Rnk 50 / 163
Flag Rnk 3644 / 4539
2022
Origin $354k Belarus
2021 - 2022
FASTEST GROWING ORIGIN $354kBelarus
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $98.2M in Potassium nitrate, making it the 4th largest exporter of Potassium nitrate in the world. At the same year, Potassium nitrate was the 2356th most exported product in China. The main destination of Potassium nitrate exports from China are: India ($19.7M), Japan ($12.9M), Australia ($11.4M), Peru ($8.86M), and Malaysia ($6.33M).

The fastest growing export markets for Potassium nitrate of China between 2021 and 2022 were India ($16M), Peru ($8.86M), and Australia ($8.1M).

Imports In 2022, China imported $2.28M in Potassium nitrate, becoming the 50th largest importer of Potassium nitrate in the world. At the same year, Potassium nitrate was the 3644th most imported product in China. China imports Potassium nitrate primarily from: Belarus ($1.62M), Singapore ($223k), Italy ($104k), South Korea ($95.8k), and India ($71.2k).

The fastest growing import markets in Potassium nitrate for China between 2021 and 2022 were Belarus ($354k), India ($34.2k), and United States ($21.7k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Potassium nitrate from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Potassium nitrate exports accounted up to $7.91M and imports accounted up to $41k, resulting in a positive trade balance of $7.87M. Between July 2023 and July 2024 the exports of China's   Potassium nitrate have increased by $5.1M (182%) from $2.81M to $7.91M, while imports increased by $6.08k (17.4%) from $35k to $41k.

Destinations In July 2024, Potassium nitrate were exported mostly to India ($2.04M), Australia ($1.7M), Japan ($770k), Malaysia ($493k), and South Korea ($416k), and were imported mostly from Italy ($21.8k), United States ($18.7k), Spain ($351), Switzerland ($172), and India ($13).

Growth In July 2024, the increase in Potassium nitrate's year-by-year exports was explained primarily by an increase in exports to Peru ($346k or 109%), Japan ($320k or 28.5%), and Nigeria ($83.7k or 66.3%). In July 2024, the increase in Potassium nitrate's year-by-year imports was explained primarily by an increase in imports from United States ($447 or 3.65%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$5.1M(182%)
IMPORT GROWTH (July 2023 - July 2024)$6.08k(17.4%)
MAIN DESTINATION (July 2024)India$2.04M

This section shows Potassium nitrate's exports and imports data at subnational level for China. 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 Potassium nitrate over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Potassium nitrate throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.2M
IMPORTS (2022)$2.28M
NET TRADE (2022)$95.9M

In 2022, China exported $98.2M in Potassium nitrate. The main destinations of China exports on Potassium nitrate were India ($19.7M), Japan ($12.9M), Australia ($11.4M), Peru ($8.86M), and Malaysia ($6.33M).

In 2022, China imported $2.28M in Potassium nitrate, mainly from Belarus ($1.62M), Singapore ($223k), Italy ($104k), South Korea ($95.8k), and India ($71.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassium nitrate EXPORT MARKETS FOR China WERE (2021 - 2022):
India$16M (431%)
Peru$8.86M (1%)
Australia$8.1M (242%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassium nitrate BY China WERE (2021 - 2022):
Tanzania-$469k (-84.3%)
United States-$203k (-76.8%)
Singapore-$162k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Potassium nitrate were:
Chile $586M
Israel $187M
Netherlands $114M
In 2022, China's main importing competitors in Potassium nitrate were:
Netherlands $242M
Spain $187M
United States $110M

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Trade Value of Potassium nitrate by Exporters

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