World Trade Profile of Nitrogenous Fertilizers
Fertilizers are any organic or inorganic material added to soil to supply nutrients to plants which is essential for them to grow. 40 to 60% of crop yield can be attributed to commercial fertilizer. The most heavily used fertilizer is Nitrogenous Fertilizer (N Fertilizer), known by Harmonized Standardized Code (HS) as 3102 and Standardized Industry Code (SID) 2873. N fertilizer is a huge business. It has been estimated that just under half the people on the Earth are currently fed as a result of the use of synthetic nitrogen fertilizer. Read the story.
World Use Trend of Nitrogenous Fertilizers
Another interesting aspect of nitrogenous fertilizer is the increase in worldwide use. Discovered in the early 1900s, nitrogenous fertilizer has exploded in use and has been a formable component of the world population growth.
We can see how in recent years the worldwide use of Nitrogenous fertilizer has expanded. It had grown from 40 million metric tons used annually worldwide to 100 million metric tons used around early 2000. Some of the biggest users are the developing Eastern Asia countries. In 2006 the Far East consumed 58% of the world’s N fertilizer while North America consumed 13%.
World’s Top Importers and Exporters of Nitrogenous Fertilizer
Today we can look at top world exporters and importers of Nitrogenous Fertilizer. We see that Russia is the top exporter by value, exporting 19% of the world’s share of N fertilizer and producing 4.5 billion dollars worth in 2009. The Netherlands, Egypt, China, Canada, Saudi Arabia, and Ukraine all exported beyond 1.5 billion dollars worth in 2009.
United States is the largest importer of N fertilizer by value, spending an estimated 2.9 billion dollars in 2009. India, France, and then Brazil all follow United States importing over 1 billion dollars apiece annually.
United State’s Trade Deficit in Nitrogenous Fertilizers 2010
An interesting tool we can use is the U.S. trade balance chart from StatsPlus, a PIERS product (see below for discount). This chart documents the most recent trade balance according to the U.S. Census. Total imports were 2 billion dollars more than United States exports. Since it gives us the dollar value by country that the U.S. exports to and imports from, we can see the trade deficit by country. The largest trade deficit is with Canada represented in yellow on the histogram. This deficit is followed by China and then Trinidad and Tobago. The U.S. spent almost 700 million dollars on Canadian nitrogenous fertilizer. In China and Trinidad and Tobago the U.S. spent about 300 million dollars in deficit per country. If you would like to read more about HELM, the main company importing nitrogenous fertilizer from Trinidad and Tobago to the United States, the information is available here.
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