The latest statistics released by the national customs, in 2016 the annual Chinese total exports of 26 million 720 thousand tons of chemical fertilizer, down 22.5%; total exports amounted to $6 billion 513 million, down 40%. at the same time, Chinese chemical fertilizer imports also fell last year.

Export

Total exports of 8 million 860 thousand tons of urea, down 35.6%, which is nearly three years of urea exports for the first time in less than 10 million tons; total exports of diammonium phosphate 6 million 800 thousand tons, down 15.3%; a decrease of three yuan compound fertilizer of potassium sulfate and potassium more nitrogen and phosphorus, total exports were 27 thousand tons and 7711 tons, year-on-year although the 2016 88.4%. fell 64.6% and export tariffs remain relatively preferential policies, but exports have decreased substantially, there are three main reasons:

One is the international market downturn, agricultural fertilizer demand flat, it is difficult to maintain the growth of export Chinese fertilizer;

The two is with the new international capacity increase, the international fertilizer market competition is becoming increasingly fierce, and the Chinese fertilizer production cost is high, the decline of international market competitiveness;

Is the three since October last year, the domestic market demand, urea prices rose sharply, enterprises focus on maintaining domestic demand, exports.

The year 2016 China total imports of 8 million 320 thousand tons of chemical fertilizer, down 25.4%; total imports amounted to $2 billion 406 million, which fell 38.7%. potassium chloride, total imports of 6 million 820 thousand tons, down 27.6%; NPK compound fertilizer three yuan total imports of 1 million 130 thousand tons, down into the main reason for the 22.6%. export volume decline, with China fertilizer production increase the self-sufficiency rate of domestic fertilizer, improve, replace some of the imported.