Brazil Fertilizer Imports 2026 Market Overview & Trends

Brazil's fertilizer imports show a significant downward trend in both value and quantity since the 2022 peak of $26.7 billion. In 2024, import value reached $15.0 billion, a decrease from 2023 levels. This suggests a market correction following the extreme price volatility and high volumes observed between 2021 and 2023.

In 2024, Russia remains Brazil's primary supplier, with an export value of $4.17 billion. China follows as the second-largest partner at $2.11 billion. Together with Canada, Morocco, and the United States, these top five exporters represent the core of Brazil's strategic fertilizer supply chain, highlighting a heavy reliance on Eurasian and North American markets.

Egypt and Nigeria are emerging as high-growth partners for Brazil, with growth rates of 52.1% and 20.4% respectively in 2024. While Russia and China maintain the highest total volumes, the rapid expansion of North and West African suppliers suggests a strategic diversification of Brazil's fertilizer sourcing to mitigate geopolitical risks.

Potassium chloride leads Brazil's fertilizer imports with a total value of $4.24 billion in 2024. Other significant products include adblue ($2.95 billion) and monoammonium phosphate ($2.52 billion). These three categories represent the bulk of the import value, underscoring Brazil's specific nutritional requirements for its large-scale agricultural operations.