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Phosphate fertilizers: top exporters and importers (2024)

In 2024, world trade in phosphate fertilizers totaled $3.4 billion (10.1 million tonnes). The top exporters were Morocco (41%), China (17%) and Israel (12%); the top importers were Brazil (31%), Bangladesh (15%) and the United States (11%). Compared with 2019, the value rose 66%.

Summary

World trade
$3.4billion
Tonnes
10.1million tonnes
Price per tonne
$336
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Morocco$1.4 billion · 41.1%
  2. China$596 million · 17.5%
  3. Israel$394 million · 11.6%
  4. Egypt$370 million · 10.9%
  5. Lebanon$65 million · 1.9%
  6. Tunisia$57 million · 1.7%
  7. Russia$55 million · 1.6%
  8. Australia$46 million · 1.4%
  9. Spain$43 million · 1.3%
  10. India$40 million · 1.2%
  11. Netherlands$34 million · 0.99%
    re-exports
  12. Vietnam$33 million · 0.98%
  13. Argentina$24 million · 0.7%
  14. Jordan$18 million · 0.54%
  15. Mexico$18 million · 0.52%
  16. Poland$17 million · 0.5%
  17. United States$15 million · 0.45%
  18. Uzbekistan$15 million · 0.44%
  19. Peru$14 million · 0.42%
  20. Germany$14 million · 0.4%

Top importers

  1. Brazil$1.1 billion · 31.1%
  2. Bangladesh$526 million · 15.4%
  3. United States$389 million · 11.4%
  4. Indonesia$174 million · 5.1%
  5. India$173 million · 5.1%
  6. France$116 million · 3.4%
  7. Australia$83 million · 2.4%
  8. Paraguay$71 million · 2.1%
  9. Argentina$52 million · 1.5%
  10. Romania$46 million · 1.4%
  11. Malaysia$41 million · 1.2%
  12. Turkey$40 million · 1.2%
  13. Côte d'Ivoire$37 million · 1.1%
  14. Uruguay$35 million · 1%
  15. Japan$33 million · 0.97%
  16. Cambodia$33 million · 0.96%
  17. United Kingdom$32 million · 0.94%
  18. Chile$27 million · 0.78%
  19. Ghana$26 million · 0.75%
  20. Germany$21 million · 0.63%

Trend

Who sells it

Morocco has been the top exporter since 2022

Value in USD billions. The five largest exporters in 2024.

  • Morocco 1.4
  • China 0.6
  • Israel 0.39
  • Egypt 0.37
  • Lebanon 0.07

Source: CEPII BACI

Show the numbers
Country19952024
Morocco0.241.4
China0.040.6
Israel0.090.39
Egypt0.020.37
Lebanon0.010.07

Price

Implied price

The price per tonne rose 114% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $336

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$157
1996$164
1997$157
1998$133
1999$147
2000$137
2001$135
2002$128
2003$51
2004$112
2005$181
2006$187
2007$261
2008$525
2009$293
2010$294
2011$388
2012$360
2013$324
2014$283
2015$291
2016$230
2017$219
2018$245
2019$220
2020$197
2021$322
2022$468
2023$295
2024$336

What it includes

  • 3103 · Phosphate fertilizers

Products in the same chapter

Sources and methodology

Sources and licenses

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.

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