Last year, China’s fertilizer imports decreased while exports increased

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Last year, China’s fertilizer imports decreased while exports increased. Author/Source: Sinochem News Network. Date: 2022-01-19. Clicks: 4. On January 14, the General Administration of Customs released preliminary data on fertilizer imports and exports for 2021. Last year, China’s total fertilizer exports increased by 13.1% compared to the previous year, while imports decreased by 14.3%. In terms of exports, in December 2021 China exported 1.669 million tons of various fertilizers, compared to 2.878 million tons in the same period of the previous year, representing a decline of 42% ； It decreased by 16.2% compared to November. Fertilizer exports generated $545 million in foreign exchange earnings that month, compared to $659 million in the same period of the previous year, representing a year-on-year decline of 17.3% and a month-on-month decline of 25.2% compared to November. In 2021, China’s total fertilizer exports reached 32.987 million tons, compared to 29.172 million tons in the same period of the previous year, representing a year-on-year increase of 13.1% ； In 2021, the total export value was 11.67 billion US dollars, compared to 6.737 billion US dollars in the same period of the previous year, representing a growth of 73.2%. In terms of imports, in December 2021 China imported 370,000 tons of various fertilizers, compared to 681,000 tons in the same period of the previous year, representing a year-on-year decline of 45.7% ； A 59.3% increase compared to November ； The amount of foreign exchange used for imports that month was 140 million dollars, compared to 176 million dollars in the same period of the previous year, representing a year-on-year increase of 20.5%, while it decreased by 57.7% compared to November of the previous year. In 2021, China’s total fertilizer imports amounted to 9.09 million tons, compared to 10.601 million tons in the same period of the previous year, representing a decline of 14.3% ； The cumulative amount of foreign exchange used for imports was 2.734 billion US dollars, compared to 2.881 billion US dollars in the same period of the previous year, representing a decrease of 5.1%.