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Fertilizers; mineral or chemical, phosphatic

3103 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.95BRnk 671 / 1217
2023
Top Exporter | Top Importer $713M | $948MMorocco | Brazil
2023
Product Complexity -1.06Rnk 868 / 1044
2022 - 2023
Export Growth (CAGR) -32.3%Rnk 1169 / 1217
2023
Share of World Trade 0.013%Rnk 671 / 1217

About

Overview This page contains the latest trade data of Phosphatic Fertilizers. In 2023, Phosphatic Fertilizers were the world's 671st most traded product, with a total trade of $2.95B. Between 2022 and 2023 the exports of Phosphatic Fertilizers decreased by -32.3%, from $4.35B to $2.95B. Trade in Phosphatic Fertilizers represent 0.013% of total world trade.

Phosphatic Fertilizers are a part of Fertilizers. They include Superphosphates, in packs >10 kg, Phosphatic fertilizers, mixes, nes, pack >10kg, and Basic slag, in packs >10 kg.

Exports In 2023 the top exporters of Phosphatic Fertilizers  were Morocco ($713M), China ($453M), Egypt ($428M), Israel ($423M), and Spain ($84.1M).

Imports In 2023 the top importers of Phosphatic Fertilizers were Brazil ($948M), United States ($282M), Bangladesh ($249M), Indonesia ($162M), and France ($114M).

Ranking Phosphatic Fertilizers ranks 868th in the Product Complexity Index (PCI).

Description Phosphatic fertilisers are used to increase the availability of phosphorus in the soil. This is important for the plant's growth and development.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phosphatic Fertilizers. 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)Morocco$713M
Top Destination (2023)Brazil$948M

In 2023 Phosphatic Fertilizers were the world's 671st most traded product (out of 1,217).

In 2023, the top exporters of Phosphatic Fertilizers were Morocco ($713M), China ($453M), Egypt ($428M), Israel ($423M), and Spain ($84.1M).

In 2023, the top importers of Phosphatic Fertilizers were Brazil ($948M), United States ($282M), Bangladesh ($249M), Indonesia ($162M), and France ($114M).

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Exporters of Phosphatic Fertilizers (2023)
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Importers of Phosphatic Fertilizers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$65.7M
Top Destination Growth (2022 -  2023)Benin$78.7M

Between 2022 and 2023, the exports of Phosphatic Fertilizers grew the fastest in United States ($65.7M), Serbia ($62.1M), Vietnam ($57.4M), Netherlands ($30.7M), and Germany ($22.3M).

Between 2022 and 2023, the fastest growing importers of Phosphatic Fertilizers were Benin ($78.7M), Pakistan ($53.3M), Cambodia ($44.1M), United Kingdom ($41M), and Serbia ($35.7M).

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Exporters of Phosphatic Fertilizers (2022 - 2023)

Importers of Phosphatic Fertilizers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phosphatic Fertilizers.

In 2023, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Phosphatic Fertilizers are explained by 12 countries.

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Value of Exports in Phosphatic Fertilizers

Net Trade

TOP NET EXPORTER (2023)Morocco$713M
TOP NET IMPORTER (2023)Brazil$944M

This map shows which countries export or import more of Phosphatic Fertilizers. Each country is colored based on the difference in exports and imports of Phosphatic Fertilizers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Phosphatic Fertilizers were Morocco ($713M), China ($452M), Egypt ($428M), Israel ($423M), and Vietnam ($76.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Phosphatic Fertilizers were Brazil ($944M), United States ($203M), Indonesia ($156M), France ($108M), and Cambodia ($77.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Phosphatic Fertilizers, disaggragated by their HS6 level were Superphosphates, in packs >10 kg ($2.22B) and Phosphatic fertilizers, mixes, nes, pack >10kg ($729M)

HS6 Disaggregation for Phosphatic Fertilizers (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Phosphatic Fertilizers.
It is possible to select the main countries that export or import Phosphatic Fertilizers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Phosphatic Fertilizers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALJordan+ $31.7k

Phosphatic Fertilizers’s highest export potential is United States. With an export gap of $13.5M.  Phosphatic Fertilizers’s highest import potential is Jordan with an import gap of $31.7k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Phosphatic Fertilizers.

Country by Relatedness

The following visualization shows the relatedness of Phosphatic Fertilizers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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