Summary
- World trade
- $95.2billion
- Tonnes
- 250.5million tonnes
- Price per tonne
- $379
Top exporters
World supply
Russia went from 10.8% to 15.9% of world exports of fertilizers
In 2024, Russia accounted for 15.9% of recorded world exports and the three largest exporters together for 35.4%. HHI: 638 out of 10,000; equivalent to 16 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 15.9%
- Three largest 35.4%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 16.1% | 15.9% |
| Three largest | 35.4% | 35.4% |
Countries where Russia sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- Serbia: 63.7% of its purchases · Dependence of Serbia on Russia
- Kazakhstan: 79.7% of its purchases · Dependence of Kazakhstan on Russia
- Honduras: 56.1% of its purchases
- Togo: 72.2% of its purchases
- Tunisia: 56.5% of its purchases · Dependence of Tunisia on Russia
- Moldova: 55.6% of its purchases
- Azerbaijan: 70.6% of its purchases · Dependence of Azerbaijan on Russia
- Uzbekistan: 70.4% of its purchases · Dependence of Uzbekistan on Russia
- Armenia: 56.5% of its purchases · Dependence of Armenia on Russia
Top importers
Trend
Who sells it
Russia has been the top exporter since 2016
Value in USD billions. The five largest exporters in 2024.
- Russia 15.1
- China 9.7
- Morocco 8.9
- Canada 8.6
- Saudi Arabia 5
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| Russia | 2.3 | 15.1 |
| China | 0.16 | 9.7 |
| Morocco | 0.46 | 8.9 |
| Canada | 1.8 | 8.6 |
| Saudi Arabia | 0.51 | 5 |
Price
Implied price
The price per tonne rose 124% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $379
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $169 |
| 1996 | $166 |
| 1997 | $154 |
| 1998 | $141 |
| 1999 | $132 |
| 2000 | $137 |
| 2001 | $139 |
| 2002 | $140 |
| 2003 | $151 |
| 2004 | $181 |
| 2005 | $230 |
| 2006 | $228 |
| 2007 | $282 |
| 2008 | $530 |
| 2009 | $361 |
| 2010 | $331 |
| 2011 | $446 |
| 2012 | $443 |
| 2013 | $397 |
| 2014 | $368 |
| 2015 | $341 |
| 2016 | $277 |
| 2017 | $266 |
| 2018 | $308 |
| 2019 | $304 |
| 2020 | $268 |
| 2021 | $401 |
| 2022 | $667 |
| 2023 | $435 |
| 2024 | $379 |
What it includes
Nitrogen, phosphate, potash and compound fertilizers; includes urea, potash and DAP.
- 3102 · Nitrogen fertilizers
- 3103 · Phosphate fertilizers
- 3104 · Potash fertilizers
- 3105 · Mixed fertilizers
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.