Highlights:
India, one of the world's largest agricultural economies, plays a crucial role in the global fertilizer market. Although the nation's primary focus is on local fertilizer consumption, exports have been increasingly popular in recent years. India's fertilizer exports have countless growth prospects, from delivering essential nutrients to global markets to taking advantage of trade regulations and technical developments.
In this blog, we will explore insights on fertilizer export from India, top fertilizer exporting countries, and more. It will help fertilizer exporters in India achieve an effective and efficient export process.
Around 21.99 million metric tonnes (MT) of fertilizers, defined in terms of the nutrients phosphate (P2O5) and nitrogen (N), were produced in India during the fiscal year 2023–2024. In comparison to the prior year, this indicates a 6% increase.
Regarding particular fertilizer products, urea production increased by 10.2% from the previous year to 31.41 million MT. 9.55 million MT of NP/NPK complex fertilizers were produced, a 2.7% increase.
The fertilizer industry in India was estimated to be worth USD 41.2 billion in 2023 and is expected to reach USD 70.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1%.
Here are updated insights on fertilizer export from India:
|
Category |
Details |
|
Fertilizer export from India in 2023-24 |
USD 37.58 million |
|
Fertilizer export from India in 2022-23 |
USD 130.43 million |
|
Highest Export Value |
USD 130.43 million (2022) |
|
Lowest Export Value |
USD 2.56 million (1999) |
|
Export Period (TTM) |
March 2023 – February 2024 |
|
Number of Shipments |
2,334 |
|
Number of fertilizer exporters in India |
501 |
|
Number of Buyers |
771 |
|
Year-over-Year Growth Rate |
2% increase |
Fertilizer export from India dropped from 130.43 USD million in 2022-23 to 37.58 USD million in 2023-24, based on fertilizer export data.
From 1996 to 2023, India's fertilizer exports averaged 44.42 USD million; they peaked in 2022 at 130.43 USD million and fell to a record low of 2.56 USD million in 1999.
India shipped 2,334 shipments of fertilizer between March 2023 and February 2024 (TTM), according to fertilizer export data. These exports, which were made to 771 buyers by 501 fertilizer exporters in India, represented a 2% increase over the previous 12 months.
China recently decided to drastically reduce its fertilizer exports, which caused a shortage in the global market and forced India to prioritize domestic needs by reducing its exports in order to secure sufficient supplies for its farmers, particularly crucial fertilizers like urea and DAP. This is the main reason why fertilizer export from India have decreased in some instances.
Here is the list of top fertilizer HS codes.
|
Fertilizer HS codes |
Description |
|
3101 |
Fertilizers made from a combination of vegetable or animal sources, whether or not they are combined or processed chemically |
|
31010099 |
Other |
|
3104 |
Chemical or mineral fertilizers, potassium |
|
31043000 |
Potassium sulfate |
|
3102 |
Chemical or mineral fertilizers that include nitrogen |
|
31026000 |
Calcium nitrate and ammonium nitrate mixes and double salts |
|
3105 |
Chemical fertilizers or mineral fertilizers that contain two or three of the fertilizing elements—potassium, phosphorus, and nitrogen |
|
31056000 |
Fertilizers made of minerals or chemicals that contain potassium and phosphorus as fertilizers |
|
31052000 |
Fertilizers are made of minerals or chemicals that include the three fertilizing components: potassium, phosphorus, and nitrogen |
So, all these fertilizer HS codes assist in the smooth process of fertilizer export. To get more details on HS codes and shipment values of leading fertilizers, connect with our team on Eximpedia.app
Here is a list of major importers of fertilizer from India with the export percentage:
|
India’s fertilizer export markets |
Fertilizer export data (export value) |
|
Nepal |
US$ 2.64 million |
|
United States |
US$ 2.60 million |
|
Philippines |
US$ 1.34 million |
|
Kenya |
US$ 944k |
|
Bangladesh |
US$ 928k |
|
China |
US$ 776k |
|
Sri Lanka |
US$ 694k |
|
Vietnam |
US$ 597k |
|
Tanzania |
US$ 478k |
|
Indonesia |
US$ 314k |
So, all these nations have a high demand for Indian fertilizer. As per fertilizer export data, India exports its fertilizer to more than 50 countries, out of which the top 15 importers of fertilizers hold 80% of the total organic fertilizer export from India. To get the complete list of global fertilizer importers and fertilizer exporters in India with shipment value, fertilizer HS code, and other details, visit our prominent dashboard, Eximpedia.app
Here is the list of the biggest exporter of fertilizer in the world:
|
Rank |
Top fertilizer exporting countries |
Fertilizer export data (export value) |
|
1 |
Russia |
US$ 15.24 billion |
|
2 |
China |
US$ 9.71 billion |
|
3 |
Canada |
US$ 9.55 billion |
|
4 |
United States |
US$ 5.48 billion |
|
5 |
Morroco |
US$ 5.46 billion |
|
6 |
South Arabia |
US$ 4.36 billion |
|
7 |
Belgium |
US$ 2.78 billion |
|
8 |
Netherlands |
US$ 2.59 billion |
|
9 |
Oman |
US$ 2.58 billion |
|
10 |
Eqypt |
US$ 2.46 billion |
So, as per fertilizer export data, Russia is the largest exporter of fertilizer in the world, with a fertilizer export value of US$ 74 billion in 2023–24. The demand for fertilizer and fertilizer products is rising globally, and many countries are helping to match the rising demand by exporting fertilizers in huge quantities. If you want to do organic fertilizer export from India, connect with Eximpedia and bring your business to new heights.
Here is a list of the top 10 fertilizer exporters in India:
So, these are the biggest exporter of fertilizer in India who export fertilizer products from India worldwide. If you want access to a complete list of fertilizer exporters in India or a fertilizer HS code, explore fertilizer export data with just one click.
Fertilizer export from India can be highly lucrative if it is done effectively and efficiently. Maximizing profit margins requires striking a balance between factors like trade policy and world economic conditions.
Another effective strategy is to identify a market niche, which can be achieved by choosing relevant product categories. Fertilizer exporters in India can position themselves for long-term success in this fast-paced business by embracing sustainability and continuously innovating with design and production practices.
Our dashboard, the Eximpedia.app, is the best way to locate global buyers for fertilizers. Fertilizer export data on our platform offers an authentic list of fertilizer importers and fertilizer exporters in India, fertilizer export prices, and fertilizer HS codes.
Additionally, providing you with market information about your product and market will help you make critical business decisions for organic fertilizer export from India.
Every business related to non-organic fertilizer export from India needs to observe market trends, competitor strategies, and policies to expand and grow. In the export business, research becomes challenging as the overseas market is huge. So, Eximpedia.app assists international traders by providing export-import data for 100+ countries. Fertilizer export data offers vast information about fertilizer exporters in India, fertilizer HS codes, top fertilizer exporting countries, and more. So clear your doubts and make informed decisions just by connecting with our dashboard. Click here to get our service now.
India's primary export of fertilizer is urea. Superphosphates, NPK fertilizers, and potash are among the other top fertilizers that India exports.
India's fertilizer export markets include Nepal, the United States, the Philippines, Kenya, Bangladesh, China, and Sri Lanka.
Yes, you can export fertilizer from India, but you need to comply with the export regulations of the domestic country and the targeted destination. Moreover, you need to collect all the required documents and certificates, such as GST registration, commercial Invoice, certificate of origin, bill of lading, and FSSAI certificate.
As per fertilizer export data, Russia is the largest exporter of fertilizer in the world, with a fertilizer export value of US$ 15.24 billion in 2023–24.
The top fertilizer exporters in India are Agile India Exports, Vani International Trade LLP, Joshi Agrochem, Gujarat State Fertilizers & Chemicals Ltd, and Chambal Fertilisers.
Gujurat is the leading fertilizer producer in India, producing one-fourth of the country's phosphatic and nitrogenous fertilizers.
The top fertilizer exporting countries in the world are Russia, China, Canada, the United States, Morroco, South Arabia, and Belgium.
Russia is the largest exporter of fertilizer in the world, with a fertilizer export value of US$ 15.24 billion in 2023–24. Other top urea fertilizer exporters are China, Canada, the United States, and Morocco.
Export of fertilizer from India
Fertilizer export from India to the United States
Fertilizer export from India to the Philippines
Fertilizer export from India to Kenya
Fertilizer HS Code
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