China Fertilizer Imports 2026 Market Overview & Trends

China's fertilizer imports show a significant volume surge, reaching over 14.2 billion units in 2024. While import value peaked in 2023 at $5.6 billion, the 2024 data indicates a price softening, as total value decreased to $4.6 billion despite record-high quantities, suggesting lower unit costs for importers compared to previous years.

In 2024, Russia emerged as China's leading fertilizer supplier with an export value of $1.43 billion. Belarus and Canada follow as key partners, contributing $842 million and $743 million respectively. This highlights China's heavy reliance on these major global producers to meet its domestic agricultural demands.

Russia demonstrates strong momentum with a 9.6% growth rate in 2024, solidifying its market position. In contrast, traditional partners like Norway and Canada saw significant declines of 10.5% and 8.1% respectively, suggesting a strategic shift in China's sourcing preferences toward Russian and Finnish supplies.

Potassium chloride (HS 310420) dominates the sector, accounting for over $3.76 billion in import value for 2024. Mineral fertilizers containing nitrogen, phosphorus, and potassium (HS 310520) follow as the second largest category, though at a significantly lower value of $692 million.