# Fertilisers (HS2 31) Sector Trade Overview | Yugalinks

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Fertilisers at HS2 31, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/31

## Answer

The fertilisers sector recorded $89.9B in reported global trade in 2024, with -0.8% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $89.9B |
| Latest annual change | -0.8% |
| Active exporters | 175 |
| Active importers | 200 |
| Active HS6 products | 24 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $17.8B | 3,510 | 24 |
| 1996 | $18.3B | 3,516 | 24 |
| 1997 | $16.6B | 3,614 | 24 |
| 1998 | $15.8B | 3,659 | 24 |
| 1999 | $16.3B | 3,863 | 24 |
| 2000 | $16.7B | 4,230 | 24 |
| 2001 | $16.5B | 4,395 | 24 |
| 2002 | $16.8B | 4,513 | 24 |
| 2003 | $20.6B | 4,413 | 24 |
| 2004 | $25.9B | 4,663 | 24 |
| 2005 | $30.3B | 4,752 | 24 |
| 2006 | $31.0B | 4,882 | 24 |
| 2007 | $43.4B | 4,918 | 24 |
| 2008 | $80.2B | 5,270 | 24 |
| 2009 | $42.5B | 5,367 | 24 |
| 2010 | $55.5B | 5,683 | 24 |
| 2011 | $79.0B | 5,928 | 24 |
| 2012 | $76.8B | 5,955 | 24 |
| 2013 | $69.7B | 5,981 | 24 |
| 2014 | $69.0B | 6,128 | 24 |
| 2015 | $67.2B | 6,128 | 24 |
| 2016 | $54.2B | 6,312 | 24 |
| 2017 | $57.7B | 6,394 | 24 |
| 2018 | $64.2B | 6,521 | 24 |
| 2019 | $64.6B | 6,505 | 24 |
| 2020 | $59.6B | 6,618 | 24 |
| 2021 | $91.6B | 6,673 | 24 |
| 2022 | $140.0B | 7,114 | 24 |
| 2023 | $95.1B | 7,055 | 24 |
| 2024 | $89.9B | 6,987 | 24 |

## Growth and market structure

- Trend: Stable
- Three-year CAGR: -0.6%
- Five-year CAGR: +6.8%
- Historical peak: $140.0B in 2,022
- Positive-growth years: 62.1%
- Exporter concentration HHI: 1,592.3
- Importer concentration HHI: 950.3
- Trade volatility coefficient: 0.6

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | Russia | Brazil | $3.7B | +1.2% | 13 | 11,791 km | No |
| 2 | Canada | USA, Puerto Rico and US Virgin Islands | $3.5B | -0.1% | 22 | 556 km | Yes |
| 3 | China | Brazil | $1.9B | -4.3% | 21 | 18,570 km | No |
| 4 | USA, Puerto Rico and US Virgin Islands | Canada | $1.8B | +8.8% | 24 | 556 km | Yes |
| 5 | Russia | India | $1.4B | +46.8% | 13 | 4,341 km | No |
| 6 | Saudi Arabia | India | $1.3B | +3.7% | 6 | 3,060 km | No |
| 7 | Russia | China | $1.3B | +17.8% | 10 | 6,831 km | No |
| 8 | Morocco | Brazil | $1.3B | -8.2% | 6 | 7,555 km | No |
| 9 | Russia | USA, Puerto Rico and US Virgin Islands | $1.1B | +2% | 13 | 7,531 km | No |
| 10 | Canada | Brazil | $1.1B | -5.1% | 7 | 8,164 km | No |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Russia | $14.1B | 111 | 24 |
| 2 | China | $9.0B | 178 | 24 |
| 3 | Canada | $7.1B | 109 | 24 |
| 4 | Morocco | $7.1B | 118 | 24 |
| 5 | Saudi Arabia | $4.9B | 72 | 24 |
| 6 | USA, Puerto Rico and US Virgin Islands | $4.4B | 162 | 24 |
| 7 | Germany | $2.8B | 165 | 24 |
| 8 | Egypt | $2.5B | 120 | 24 |
| 9 | Netherlands | $2.3B | 157 | 24 |
| 10 | Qatar | $2.3B | 41 | 23 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Brazil | $13.2B | 74 | 24 |
| 2 | USA, Puerto Rico and US Virgin Islands | $8.6B | 87 | 24 |
| 3 | India | $7.2B | 71 | 24 |
| 4 | China | $4.2B | 69 | 24 |
| 5 | Australia | $2.8B | 65 | 24 |
| 6 | Canada | $2.5B | 79 | 24 |
| 7 | France | $2.5B | 103 | 24 |
| 8 | Mexico | $2.3B | 56 | 24 |
| 9 | Thailand | $2.2B | 61 | 24 |
| 10 | Bangladesh | $2.0B | 25 | 18 |

## HS6 products

- Fertilizers, animal or vegetable: whether or not mixed together or chemically treated: fertilizers, produced by the mixing or chemical treatment of animal or vegetable products (HS6 310100)
- Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution (HS6 310210)
- Fertilizers, mineral or chemical: nitrogenous, ammonium sulphate (HS6 310221)
- Fertilizers, mineral or chemical: nitrogenous, other than ammonium sulphate (HS6 310229)
- Fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution (HS6 310230)
- Fertilizers, mineral or chemical: ammonium nitrate with calcium carbonate or other inorganic non-fertilizing substances, mixtures thereof (HS6 310240)
- Fertilizers, mineral or chemical: nitrogenous, sodium nitrate (HS6 310250)
- Fertilizers, mineral or chemical: nitrogenous, double salts and mixtures of calcium nitrate and ammonium nitrate (HS6 310260)
- Fertilizers, mineral or chemical: nitrogenous, calcium cyanamide (HS6 310270)
- Fertilizers, mineral or chemical: nitrogenous, mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (HS6 310280)
- Fertilizers, mineral or chemical: nitrogenous, other kinds including mixtures not specified in the foregoing subheadings (HS6 310290)
- Fertilizers, mineral or chemical: phosphatic, superphosphates (HS6 310310)
- Fertilizers, mineral or chemical: phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (P2O5) (HS6 310311)
- Fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (P2O5) (HS6 310319)
- Fertilizers, mineral or chemical: phosphatic, basic slag (HS6 310320)
- Fertilizers, mineral or chemical: phosphatic, n.e.s. in heading no. 3103 (HS6 310390)
- Fertilizers, mineral or chemical: potassic, carnallite, sylvite and other crude natural potassium salts (HS6 310410)
- Fertilizers, mineral or chemical: potassic, potassium chloride (HS6 310420)
- Fertilizers, mineral or chemical: potassic, potassium sulphate (HS6 310430)
- Fertilizers, mineral or chemical: potassic, n.e.c. in heading no. 3104 (HS6 310490)
- Fertilizers, mineral or chemical: in tablets or similar forms or in packages of a gross weight not exceeding 10kg (HS6 310510)
- Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium (HS6 310520)
- Fertilizers, mineral or chemical: diammonium hydrogenorthophosphate (diammonium phosphate) (HS6 310530)
- Fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) (HS6 310540)
- Fertilizers, mineral or chemical: containing nitrates and phosphates (HS6 310551)
- Fertilizers, mineral or chemical: containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (HS6 310559)
- Fertilizers, mineral or chemical: containing the two fertilizing elements phosphorus and potassium (HS6 310560)
- Fertilizers, mineral or chemical: n.e.s. in heading no. 3105 (HS6 310590)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

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