310520 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Nitrogen-phosphorus-potassium fertilizers, pack >10kg. In 2023, Nitrogen-phosphorus-potassium fertilizers, pack >10kg were the world's 436th most traded product, with a total trade of $8.48B. Between 2022 and 2023 the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg decreased by -27.3%, from $11.7B to $8.48B. Trade in Nitrogen-phosphorus-potassium fertilizers, pack >10kg represent 0.037% of total world trade.

Nitrogen-phosphorus-potassium fertilizers, pack >10kg are a part of Mixed Mineral or Chemical Fertilizers.

Exports In 2023 the top exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg  were Russia ($2.23B), Norway ($1.07B), Belgium ($610M), Finland ($528M), and China ($409M).

Imports In 2023 the top importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were India ($812M), China ($741M), Brazil ($563M), Thailand ($403M), and Ukraine ($320M).

Ranking Nitrogen-phosphorus-potassium fertilizers, pack >10kg ranks 3748th in the Product Complexity Index (PCI).

Description Nitrogen (N) fertilizers are the most commonly used fertilizer. It is important for obtaining optimum plant growth and ensuring the soil has sufficient nitrogen. Fertilizers that have high levels of nitrogen can be used to produce rapid plant growth. Phosphorus (P) is also a key nutrient in plant growth, and is important for strong root development. It is also important for flowering and fruit production. Potassium (K) is necessary for plant development. It is important for leaves, flowers, stems, fruit, and seed production.

Latest Data

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The following visualization shows the latest trends on Nitrogen-phosphorus-potassium fertilizers, pack >10kg. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Russia$2.23B
Top Destination (2023)India$812M

In 2023 Nitrogen-phosphorus-potassium fertilizers, pack >10kg were the world's 436th most traded product (out of 4,644).

In 2023, the top exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Russia ($2.23B), Norway ($1.07B), Belgium ($610M), Finland ($528M), and China ($409M).

In 2023, the top importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were India ($812M), China ($741M), Brazil ($563M), Thailand ($403M), and Ukraine ($320M).

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Exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2023)
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Importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$77.4M
Top Destination Growth (2022 -  2023)China$235M

Between 2022 and 2023, the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg grew the fastest in China ($77.4M), Greece ($44.7M), Zambia ($36.1M), Senegal ($21M), and Uzbekistan ($17.3M).

Between 2022 and 2023, the fastest growing importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were China ($235M), Malawi ($89.2M), Ukraine ($68.3M), Indonesia ($50.8M), and Algeria ($39.1M).

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Exporters of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2022 - 2023)

Importers of Nitrogen-phosphorus-potassium fertilizers, pack >10kg (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg.

In 2023, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg are explained by 21 countries.

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Value of Exports in Nitrogen-phosphorus-potassium fertilizers, pack >10kg

Net Trade

TOP NET EXPORTER (2023)Russia$2.22B
TOP NET IMPORTER (2023)India$786M

This map shows which countries export or import more of Nitrogen-phosphorus-potassium fertilizers, pack >10kg. Each country is colored based on the difference in exports and imports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were Russia ($2.22B), Norway ($1.06B), Belgium ($562M), Finland ($509M), and Morocco ($341M).

In 2023, the countries that had a largest trade value in imports than in exports of Nitrogen-phosphorus-potassium fertilizers, pack >10kg were India ($786M), Brazil ($458M), Thailand ($333M), China ($332M), and Ukraine ($320M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Nitrogen-phosphorus-potassium fertilizers, pack >10kg.
It is possible to select the main countries that export or import Nitrogen-phosphorus-potassium fertilizers, pack >10kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nitrogen-phosphorus-potassium fertilizers, pack >10kg by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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