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283524 (Harmonized System 1992 for 6-digit)

2023
World Trade $492MRnk 2877 / 4644
2023
Top Exporter | Top Importer $172M | $61.7MChina | United States
2023
Product Complexity 0.96Rnk 838 / 4656
2022 - 2023
Export Growth (CAGR) -28%Rnk 4147 / 4644
2023
Share of World Trade 0.0022%Rnk 2877 / 4644

About

Overview This page contains the latest trade data of Potassium phosphates. In 2023, Potassium phosphates were the world's 2877th most traded product, with a total trade of $492M. Between 2022 and 2023 the exports of Potassium phosphates decreased by -28%, from $683M to $492M. Trade in Potassium phosphates represent 0.0022% of total world trade.

Potassium phosphates are a part of Phosphinates (hypophosphites) and phosphonates (phosphites).

Exports In 2023 the top exporters of Potassium phosphates  were China ($172M), Israel ($107M), Germany ($46.4M), Belgium ($36.7M), and United States ($29.7M).

Imports In 2023 the top importers of Potassium phosphates were United States ($61.7M), Netherlands ($29.6M), Mexico ($28.8M), Spain ($22.7M), and Singapore ($21.2M).

Ranking Potassium phosphates ranks 838th in the Product Complexity Index (PCI).

Description Potassium phosphates are used in fertilizers to help plants grow. They are also used as a laxative and in the production of soap.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Potassium phosphates. 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)China$172M
Top Destination (2023)United States$61.7M

In 2023 Potassium phosphates were the world's 2877th most traded product (out of 4,644).

In 2023, the top exporters of Potassium phosphates were China ($172M), Israel ($107M), Germany ($46.4M), Belgium ($36.7M), and United States ($29.7M).

In 2023, the top importers of Potassium phosphates were United States ($61.7M), Netherlands ($29.6M), Mexico ($28.8M), Spain ($22.7M), and Singapore ($21.2M).

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Exporters of Potassium phosphates (2023)
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Importers of Potassium phosphates (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$7.13M
Top Destination Growth (2022 -  2023)Vietnam$7.77M

Between 2022 and 2023, the exports of Potassium phosphates grew the fastest in United States ($7.13M), Mexico ($4.49M), Djibouti ($1.71M), Spain ($733k), and Hungary ($727k).

Between 2022 and 2023, the fastest growing importers of Potassium phosphates were Vietnam ($7.77M), Romania ($3.64M), Singapore ($3.08M), Laos ($2.69M), and Brunei ($2.33M).

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Exporters of Potassium phosphates (2022 - 2023)

Importers of Potassium phosphates (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Potassium phosphates.

In 2023, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Potassium phosphates are explained by 8 countries.

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Value of Exports in Potassium phosphates

Net Trade

TOP NET EXPORTER (2023)China$168M
TOP NET IMPORTER (2023)United States$32M

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

In 2023, the countries that had a largest trade value in exports than in imports of Potassium phosphates were China ($168M), Israel ($106M), Germany ($31.7M), Belgium ($29.9M), and France ($9.78M).

In 2023, the countries that had a largest trade value in imports than in exports of Potassium phosphates were United States ($32M), Netherlands ($22.4M), Spain ($19.8M), Singapore ($19.6M), and Indonesia ($19.2M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Potassium phosphates 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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