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Phosphate rock: top exporters and importers (2024)

In 2024, world trade in phosphate rock totaled $5.1 billion (35.9 million tonnes). The top exporters were Morocco (25%), Jordan (20%) and Peru (12%); the top importers were India (36%), the United States (7%) and China (4%). Compared with 2019, the value rose 46%.

Summary

World trade
$5.1billion
Tonnes
35.9million tonnes
Price per tonne
$143
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Morocco$1.3 billion · 25.4%
  2. Jordan$1 billion · 20.2%
  3. Peru$589 million · 11.5%
  4. Egypt$489 million · 9.6%
  5. Togo$361 million · 7%
  6. Algeria$225 million · 4.4%
  7. Russia$202 million · 3.9%
  8. South Africa$189 million · 3.7%
  9. Senegal$169 million · 3.3%
  10. Netherlands$127 million · 2.5%
    re-exports
  11. Syria$87 million · 1.7%
  12. Kazakhstan$85 million · 1.7%
  13. Lebanon$73 million · 1.4%
  14. Australia$52 million · 1%
  15. China$24 million · 0.47%
  16. Nauru$23 million · 0.44%
  17. Finland$22 million · 0.43%
  18. Tunisia$18 million · 0.36%
  19. Pakistan$8 million · 0.15%
  20. Uzbekistan$7 million · 0.14%

Top importers

  1. India$1.8 billion · 35.6%
    see sources
  2. United States$369 million · 7.2%
  3. China$215 million · 4.2%
  4. Turkey$211 million · 4.1%
  5. Belgium$210 million · 4.1%
    re-exports
  6. Indonesia$205 million · 4%
  7. Netherlands$192 million · 3.8%
    re-exports
  8. Mexico$182 million · 3.6%
  9. Brazil$172 million · 3.4%
  10. Lithuania$168 million · 3.3%
  11. South Korea$99 million · 1.9%
  12. Norway$93 million · 1.8%
  13. Bulgaria$93 million · 1.8%
  14. New Zealand$80 million · 1.6%
  15. Pakistan$79 million · 1.6%
  16. Lebanon$76 million · 1.5%
  17. Russia$73 million · 1.4%
  18. Philippines$71 million · 1.4%
  19. Japan$66 million · 1.3%
  20. Malaysia$53 million · 1%

Trend

Who sells it

Morocco has been the top exporter since 2024

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

  • Morocco 1.3
  • Jordan 1
  • Peru 0.59
  • Egypt 0.49
  • Togo 0.36

Source: CEPII BACI

Show the numbers
Country19952024
Morocco0.361.3
Jordan0.211
Peru< 0.010.59
Egypt< 0.010.49
Togo0.080.36

Price

Implied price

The price per tonne rose 211% since 1995

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

  • 2024: $143

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$46
1996$48
1997$51
1998$50
1999$51
2000$46
2001$46
2002$46
2003$47
2004$53
2005$59
2006$61
2007$70
2008$195
2009$136
2010$119
2011$160
2012$170
2013$140
2014$116
2015$122
2016$106
2017$93
2018$100
2019$100
2020$90
2021$112
2022$193
2023$164
2024$143

What it includes

  • 2510 · Natural phosphates

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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