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Global Market Spread

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Global Chemical Market Overview

Top Product Categories by Market Share

  • Fertilizers$16B69.7%
  • Inorganic Chemicals$6.9B30.3%

Top Countries by Market Share

  • Morocco$13.2B45.4%
  • USA$2.9B11%
  • Egypt$2B8.9%
  • Japan$201.8M7.1%
  • Rep. of Korea$475.2M6.6%
  • Netherlands$1.1B5.9%

Regional Market Spread

Global Chemical Trade Flow

USD ValueAnnual

Trade Flow Volume

  • > 66% of max flow
  • 33–66% of max flow
  • < 33% of max flow

2025 · 50 pairs

Importers

2025 data
  • 1🇺🇸USA12.58M MT
    30.4%
  • 2🇲🇦Morocco6.54M MT
    15.8%
  • 3🇨🇱Chile5.10M MT
    12.3%
  • 4🇵🇭Philippines2.49M MT
    6%
  • 5🇧🇪Belgium2.08M MT
    5%
Total tracked imports41.37M MT

Exporters

2025 data
  • 1🇲🇦Morocco20.20M MT
    45.4%
  • 2🇺🇸USA4.90M MT
    11%
  • 3🇪🇬Egypt3.97M MT
    8.9%
  • 4🇯🇵Japan3.17M MT
    7.1%
  • 5🇰🇷Rep. of Korea2.94M MT
    6.6%
Total tracked exports44.51M MT

Trade Insights

Rising Route

Japan → Philippines

-5.8%

1.26M MT vs 1.34M MT

Top product: Nitric Acid

Market Opportunity

Phosphoric Acid · HS 280920

+25.5%

5.53M MT vs 4.41M MT

Price Variance

Urea

$219/MT spread

High: USA ($519.6/MT)

Low: Belgium ($300.6/MT)

Top Net Exporter

Morocco

+$10.9B

Exports $13.2B · Imports $2.3B

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Top Traded Chemicals

Ranked by Total Trade Value

2025 data
#ChemicalTrade VolumeAvg Unit Price
🥇

Urea

HS 310210

20.75M MT
~$431.7/MT
🥈

MAP

HS 310530

11.29M MT
~$622.8/MT
🥉

Phosphoric Acid

HS 280920

7.50M MT
~$842.5/MT
4

DAP

HS 310540

8.43M MT
~$698.3/MT
5

Anhydrous Ammonia

HS 281410

11.06M MT
~$503.6/MT
6

Nitric Acid

HS 280700

20.31M MT
~$112.6/MT
7

Ammonium Nitrate

HS 310230

3.50M MT
~$398/MT
8

Caustic Potash

HS 281520

1.12M MT
~$736/MT

Avg unit price is Comtrade trade value ÷ weight for the period — not a live market price.

Top Trade Lanes

OriginDestinationChemicalVolume / Value
🇲🇦Morocco→🇮🇳India

MAP

HS 310530

3.33M MT
$2.1B
🇲🇦Morocco→🇵🇰Pakistan

Phosphoric Acid

HS 280920

1.51M MT
$1.2B
🇲🇦Morocco→🌐Areas, nes

MAP

HS 310530

1.46M MT
$883.1M
🇲🇦Morocco→🇮🇳India

Phosphoric Acid

HS 280920

1.45M MT
$1.1B
🇲🇦Morocco→🇧🇩Bangladesh

MAP

HS 310530

1.35M MT
$836.5M
🇲🇦Morocco→🇧🇷Brazil

DAP

HS 310540

1.33M MT
$806.3M
🇯🇵Japan→🇵🇭Philippines

Nitric Acid

HS 280700

1.26M MT
$35.3M
🇺🇸USA→🇨🇦Canada

DAP

HS 310540

1.01M MT
$1B

2025 · Exports

85.9M MT

Total Trade Volume

-15.5% vs 2024

$38.7B

Total Trade Value

-15.5% vs 2024

$22.9B

Total Exports Value

-15.5% vs 2024

$15.8B

Total Imports Value

-15.5% vs 2024

599+

Active Trade Routes

10

Total Tracked Chemicals