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Potash fertilizers: top exporters and importers (2024)

In 2024, world trade in potash fertilizers totaled $20.8 billion (66.5 million tonnes). The top exporters were Canada (38%), Russia (23%) and Germany (7%); the top importers were Brazil (20%), China (19%) and the United States (18%). Compared with 2019, the value rose 19%.

Summary

World trade
$20.8billion
Tonnes
66.5million tonnes
Price per tonne
$311
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Canada$7.8 billion · 37.7%
  2. Russia$4.7 billion · 22.7%
  3. Germany$1.4 billion · 6.9%
  4. Belarus$1.1 billion · 5.1%
  5. Israel$993 million · 4.8%
  6. Laos$826 million · 4%
  7. Jordan$742 million · 3.6%
  8. Uzbekistan$539 million · 2.6%
  9. United States$418 million · 2%
  10. Belgium$270 million · 1.3%
    re-exports
  11. Turkmenistan$259 million · 1.3%
  12. Spain$258 million · 1.2%
  13. China$181 million · 0.87%
  14. United Kingdom$158 million · 0.76%
  15. Chile$147 million · 0.71%
  16. Taiwan$136 million · 0.66%
  17. Egypt$127 million · 0.61%
  18. Sweden$71 million · 0.34%
  19. Netherlands$70 million · 0.34%
    re-exports
  20. South Africa$41 million · 0.2%

Top importers

  1. Brazil$4.2 billion · 20.3%
  2. China$3.9 billion · 18.5%
  3. United States$3.8 billion · 18.3%
  4. India$1.2 billion · 5.6%
  5. Indonesia$895 million · 4.3%
  6. Malaysia$571 million · 2.7%
  7. Poland$376 million · 1.8%
  8. Belgium$358 million · 1.7%
    re-exports
  9. Thailand$339 million · 1.6%
  10. Australia$271 million · 1.3%
  11. South Korea$268 million · 1.3%
  12. Colombia$230 million · 1.1%
  13. France$221 million · 1.1%
  14. Morocco$205 million · 0.99%
  15. Japan$197 million · 0.95%
  16. South Africa$192 million · 0.92%
  17. Netherlands$187 million · 0.9%
    re-exports
  18. Mexico$155 million · 0.75%
  19. Paraguay$143 million · 0.69%
  20. Taiwan$143 million · 0.69%

Trend

Who sells it

Canada was the top exporter throughout the period

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

  • Canada 7.8
  • Russia 4.7
  • Germany 1.4
  • Belarus 1.1
  • Israel 0.99

Source: CEPII BACI

Show the numbers
Country19952024
Canada1.47.8
Russia0.494.7
Germany0.691.4
Belarus0.111.1
Israel0.240.99

Price

Implied price

The price per tonne rose 156% since 1995

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

  • 2024: $311

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$122
1996$117
1997$119
1998$118
1999$119
2000$130
2001$123
2002$124
2003$150
2004$171
2005$205
2006$196
2007$218
2008$476
2009$541
2010$364
2011$443
2012$462
2013$403
2014$340
2015$322
2016$258
2017$230
2018$276
2019$298
2020$246
2021$320
2022$622
2023$400
2024$311

What it includes

  • 3104 · Potash 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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