Product intelligence · HS 281410 · 2024 data

Ammonia: anhydrous

Global exports of ammonia: anhydrous totalled $7,462,640,656 in 2024, a -8.9% change from the previous year. Traded by 101 countries across 1,154 bilateral corridors, with demand from 178 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$7.5B

-8.9% YoY

3Y / 5Y CAGR

-8.8%

5Y: +5.4%

Supply structure

Diversified

HHI 0.092

Volatility

Low

Score 38/100

1.

Market movement

In 2024, ammonia: anhydrous trade exhibited significant decline, with global flows reaching $7,462,640,656 and a three-year compound annual growth rate of -8.8% (five-year: +5.4%). The all-time peak of $16,576,415,084 was recorded in 2022; the current level is 55% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-6.0% acceleration).

The World Trade Flows Characterization classifies ammonia: anhydrous as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.092). The three largest exporters — Trinidad and Tobago ($1.6B), Saudi Arabia ($1.4B), and Indonesia ($826.1M) — collectively dominate supply flows. The leading exporter has grown at -4.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.068). The three largest import markets are United States ($1.1B), Morocco ($1.1B), and India ($723.3M). The largest importing market sources from 14 different supplying countries.

Estimated substitution elasticity: -14.83. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Canada → United States at $716.7M, representing 63.2% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for ammonia: anhydrous is 38 out of 100, classified as low. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $16,576,415,084 in 2022. Currently 55% below peak.

YearGlobal trade (USD)YoY growth
2015$8,762,954,201-11.6%
2016$6,208,951,442-29.1%
2017$5,409,362,615-12.9%
2018$6,524,307,746+20.6%
2019$5,735,566,324-12.1%
2020$5,125,778,953-10.6%
2021$9,849,521,766+92.2%
2022$16,576,415,084+68.3%
2023$8,188,964,771-50.6%
2024$7,462,640,656-8.9%

Top exporting countries

Ranked by export value of ammonia: anhydrous in 2024.

View all 101 exporters →

Top importing markets

Largest import destinations for ammonia: anhydrous.

View all 178 markets →

Leading trade corridors

Largest bilateral export flows for ammonia: anhydrous, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1CanadaUnited States$716.7M+2.3%
2Trinidad and TobagoMorocco$397.0M+14.7%
3Trinidad and TobagoUnited States$363.0M-14.9%
4Saudi ArabiaIndia$294.8M-3.4%
5Saudi ArabiaMorocco$248.8M+221.9%
6OmanIndia$208.0M+53.1%
7IndonesiaSouth Korea$203.0M-10.8%
8Saudi ArabiaSouth Korea$167.5M+8.5%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.