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Phosphoric acid: top exporters and importers (2024)

In 2024, world trade in phosphoric acid totaled $5.6 billion (7.3 million tonnes). The top exporters were Morocco (30%), China (13%) and Jordan (12%); the top importers were India (36%), Pakistan (8%) and the United States (7%). Compared with 2019, the value rose 23%.

Summary

World trade
$5.6billion
Tonnes
7.3million tonnes
Price per tonne
$777
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Morocco$1.7 billion · 30%
  2. China$725 million · 12.9%
  3. Jordan$657 million · 11.7%
  4. Senegal$453 million · 8%
  5. Israel$387 million · 6.9%
  6. Belgium$324 million · 5.7%
    re-exports
  7. United States$249 million · 4.4%
  8. Mexico$221 million · 3.9%
  9. Tunisia$168 million · 3%
  10. Netherlands$113 million · 2%
    re-exports
  11. South Africa$105 million · 1.9%
  12. Vietnam$79 million · 1.4%
  13. Philippines$55 million · 0.98%
  14. Serbia$46 million · 0.81%
  15. Lebanon$40 million · 0.71%
  16. Czechia$38 million · 0.67%
  17. Japan$35 million · 0.62%
  18. Taiwan$30 million · 0.54%
  19. South Korea$27 million · 0.48%
  20. Germany$24 million · 0.43%

Top importers

  1. India$2 billion · 36.3%
  2. Pakistan$472 million · 8.4%
  3. United States$380 million · 6.7%
  4. Netherlands$376 million · 6.7%
    re-exports
  5. Turkey$227 million · 4%
  6. Spain$221 million · 3.9%
  7. Belgium$176 million · 3.1%
    re-exports
  8. France$173 million · 3.1%
  9. Mexico$151 million · 2.7%
  10. Brazil$134 million · 2.4%
  11. Canada$124 million · 2.2%
  12. Germany$103 million · 1.8%
  13. Italy$87 million · 1.6%
  14. United Kingdom$87 million · 1.5%
  15. Thailand$81 million · 1.4%
  16. South Korea$78 million · 1.4%
  17. Ireland$63 million · 1.1%
  18. Bangladesh$54 million · 0.95%
  19. Taiwan$51 million · 0.9%
  20. Indonesia$46 million · 0.81%

Trend

Who sells it

Morocco was the top exporter throughout the period

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

  • Morocco 1.7
  • China 0.73
  • Jordan 0.66
  • Senegal 0.45
  • Israel 0.39

Source: CEPII BACI

Show the numbers
Country19952024
Morocco0.581.7
China0.050.73
Jordan< 0.010.66
Senegal< 0.010.45
Israel0.070.39

Price

Implied price

The price per tonne rose 203% since 1995

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

  • 2024: $777

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$256
1996$306
1997$299
1998$310
1999$295
2000$279
2001$275
2002$259
2003$283
2004$319
2005$388
2006$409
2007$436
2008$1,191
2009$600
2010$656
2011$816
2012$842
2013$751
2014$731
2015$749
2016$649
2017$614
2018$752
2019$720
2020$642
2021$931
2022$1,289
2023$897
2024$777

What it includes

  • 2809 · Phosphoric acid

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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