China Urea Export 2026 Market Overview & Trends

China's export value peaked in 2021 at $2.14 billion, followed by a period of relative stability through 2023. However, data for 2024 shows a significant drop to $94.38 million. Total quantities also reached their highest point in 2020 and 2021, suggesting a substantial cooling of export activity in the current period compared to previous years.

In 2024, South Korea stands as the primary destination for exports, with an import value of $32.99 million. Japan follows as the second-largest market at $11.18 million. Other significant importers include Brazil, Hong Kong, and Australia, indicating a strong concentration of trade within the Asia-Pacific and South American regions.

Major markets are experiencing significant downward pressure. Hong Kong showed the most relative stability with a -30.9% growth rate. In contrast, Brazil and South Korea saw drastic declines of -87.2% and -80.4% respectively. This widespread negative growth across top destinations indicates broad systemic challenges in the current export environment.

Trade activity is currently concentrated in adblue (HSCode 310210), which recorded a total value of $94.38 million in 2024. This specific product category represents the entirety of the tracked export value for the period, marking it as the essential driver of current sector performance.