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Key words of the passage: fertilizer; export; country
In 2020, global fertilizer exports amounted to 204M tonnes, increasing by 2% from the previous year's figure. In value terms, exports dropped to $52.7B (IndexBox estimates) The largest fertilizer supplying countries worldwide were Russia ($7B), China ($6.3B) and Canada ($5.1B), together comprising 35% of global exports. These countries were followed by the U.S., Morocco, Saudi Arabia, Belarus, Germany, the Netherlands, Belgium, Israel, Oman and Algeria, which together accounted for a further 38%. The shipments of the three major exporters of fertilizers, namely Russia, China and Canada, represented more than a third of total export in physical terms.
Source: IndexBox Platform