This holds a very important role in crop yielding as used to eliminate pathogens and other harmful insects that can be hazardous for the plant. The use of fertilizers in the yielding of crops provides certain necessary nutrients for the proper growth of plants. The globally increasing demands of fertilizers across the globe have recorded an import trade value of 200 billion US dollars in 2023 followed by the import trade rate of 2022 and 2021 worth 150 billion US dollars and 130 billion US dollars. The trade of fertilizers is supported by the trade value of top importers like China, India, the United States, Brazil, and Indonesia worth value of 25 billion US dollars, 12 billion US dollars, 7 billion US dollars, 6 billion US dollars, and 5 billion US dollars.

Along with the import trade rate of fertilizers, the export trade rate of this highly sought commodity is also expanding at a massive rate. The total export trade rate of this commodity in 2023 is recorded as 417 billion US dollars followed by the export trade rate of 2022 and 2021 worth 300 billion US dollars and 280 billion US dollars. The export trade rate is supported by top traders like China, Russia, Netherlands, Saudi Arabia, and the United States worth 38 billion US dollars, 27 billion US dollars, 18 billion US dollars, 15 billion US dollars, and 10 billion US dollars.

Top Importers of Fertilizers 2023

The high global demand for fertilizers across the globe is promoting the import trade rate of fertilizers at a global rate. As per the Global Fertilizer Import Data, the top importers of fertilizers in 2023 are discussed below,

• China – According to the China Customs Data, the import trade value of fertilizers in 2023 is 25 billion US dollars.

• India – According to the India Customs Data, the import trade value of fertilizers in 2023 is 12 billion US dollars.

• United States – According to the USA Customs Data, the import trade value of fertilizers in 2023 is 7 billion US dollars.

• Brazil – According to the Brazil Customs Data, the import trade value of fertilizers in 2023 is 6 billion US dollars.

• Indonesia – According to the Indonesia Customs Data, the import trade value of fertilizers in 2023 is 5 billion US dollars.

• Vietnam – According to the Vietnam Customs Data, the import trade value of fertilizers in 2023 is 4.5 billion US dollars.

• Turkey – According to the Turkey Customs Data, the import trade value of fertilizers in 2023 is 4 billion US dollars.

• Thailand – According to the Thailand Customs Data, the import trade value of fertilizers in 2023 is 3 billion US dollars.

• France – According to the France Customs Data, the import trade value of fertilizers in 2023 is 2 billion US dollars.

• Germany – According to the Germany Customs Data, the import trade value of fertilizers in 2023 is 1 billion US dollars.

Top Exporters of Fertilizers 2023

Fertilizer exports are increasing at a global rate because of high domestic demands across the globe. As per the Global Fertilizer Export Data, the top exporter of this globally sought commodity in 2023 with its trade values are discussed below,

• China – As per the China Export Data, the export trade value of fertilizers in 2023 is 38 billion US dollars.

• Russia – As per the Russia Export Data, the export trade value of fertilizers in 2023 is 27 billion US dollars.

• Netherlands – As per the Netherlands Export Data, the export trade value of fertilizers in 2023 is 18 billion US dollars.

• Saudi Arabia – As per the Saudi Arabia Export Data, the export trade value of fertilizers in 2023 is 15 billion US dollars.

• United States – As per the USA Export Data, the export trade value of fertilizers in 2023 is 10 billion US dollars.

• Canada – As per the Canada Export Data, the export trade value of fertilizers in 2023 is 8 billion US dollars.

• Germany – As per the Germany Export Data, the export trade value of fertilizers in 2023 is 7 billion US dollars.

• Belarus – As per the Belarus Export Data, the export trade value of fertilizers in 2023 is 6 billion US dollars.

• Norway – As per the Norway Export Data, the export trade value of fertilizers in 2023 is 5 billion US dollars.

• Morocco – As per the Morocco Export Data, the export trade value of fertilizers in 2023 is 4 billion US dollars.

Top Leading Companies of Fertilizers 2023

The leading companies of fertilizer manufacturers are increasing their production rates because of the high global demands in the agricultural industry. As per the Global Fertilizers Customs Shipment Data, the trade value of the top producing companies in 2023 are discussed below,

• Yara International ASA – The trade value of fertilizers in Yara International ASA 2023 is 13 billion US dollars.

• Nutrien Ltd – The trade value of fertilizers in Nutrien Ltd 2023 is 9-10 billion US dollars.

• Mosaic Company – The trade value of fertilizers in Mosaic Company 2023 is 7 - 8 billion US dollars.

• CF Industries Holdings Inc – The trade value of fertilizers in CF Industries Holdings Inc 2023 is 6 -7 billion US dollars.

• EuroChem Group AG – The trade value of fertilizers in EuroChem Group AG 2023 is 5 - 6 billion US dollars.

• Uralkali PJSC – The trade value of fertilizers in Uralkali PJSC 2023 is 4 – 5 billion US dollars.

• PhosAgro OJSC – The trade value of fertilizers in PhosAgro OJSC 2023 is 3 - 4 billion US dollars.

• The Mosaic Company India PVT Ltd – The trade value of fertilizers in The Mosaic Company India PVT Ltd 2023 is 2 - 3 billion US dollars.

• Israel Chemicals Ltd – The trade value of fertilizers in Israel Chemicals Ltd 2023 is 2 billion US dollars.

• Coromandel International Limited – The trade value of fertilizers in Coromandel International Limited 2023 is 1 billion US dollars.

FAQ’s

Que. What is the import trade value of fertilizers in 2023?
Ans. The import trade value of fertilizers in 2023 is 200 billion US dollars.

Que. Who is the top producer of fertilizers in 2023?
Ans. Yara International ASA is the top producer of fertilizers in 2023.

Que. Where can you get the detailed trade analysis of fertilizers in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of fertilizers in 2023.

www.importglobals.com ; info@importglobals.com