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Briefing on Russia's Potassic Fertilizer Export in 2014-2018

Briefing on Russia's Potassic Fertilizer Export in 2014-20182019.06.11

According to the data from ITC, a total of 48,962,164 tons of potassic fertilizers (HS 3104 Mineral or chemical potassic fertilizers, excluding those in tablets or similar forms, or in packages with a gross weight of <=10kg) have been exported in 2018 around the world. Russia, as one of the top 3 potassium fertilizer producers, exported 8,832,795 tons of the potassic fertilizer in 2018, accounting for 15.8% in the world’s export value.

(Data Source: ITC) 


Russia is always the second largest exporter of potassic fertilizers, only second to Canada. But in 2018, the potassic fertilizers exported from Russia has a 19.9% YoY decrease, and takes the third place after Canada and Belarus. In the past five years, the potassic fertilizers exported from Russia have seen ups and downs. The export quantity is fluctuating above and below 10 million tons, but has dropped to 8,832,795 tons in 2018.


(Data Source: ITC) 



The export value in the past five years has shown a similar path as the export quantity, but it bottoms at 1,856,111 thousand USD in 2016. And in 2018, the export value is 2,032,892 thousand USD, seeing a 4.5% decrease from the previous year.



(Data Source: ITC) 



China is the second largest importer of potassium fertilizer from Russia following after Brazil. In 2018, China has imported 1,450,949 MT of potassic fertilizer from Russia, seeing a 35.8% decrease from the 2,258,485 MT in 2017.



(Data Source: ITC) 




(Data Source: ITC) 


Brazil, China, and United States are the top three potassium fertilizer importers from Russia, which account for more than 50% in the Russia's potassium fertilizer export value.



(Data Source: ITC) 

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