According to preliminary statistics from China Customs, the country’s total fertilizer exports for the first two months of 2026 reached 5.063 million tons, representing a year-on-year increase of 8.3%. The export value amounted to US$1.08 billion, up 12.9% compared to the same period last year.
In February alone, China exported 2.486 million tons of various fertilizers, a modest year-on-year increase of 2.3%, with export value reaching US$514 million, also up 2.5% year-on-year.
Import Surge Marks Strong Domestic Demand
On the import side, China’s total fertilizer imports for January-February 2026 reached 3.321 million tons, surging 32.6% compared to the same period in 2025. The cumulative import value stood at US$1.232 billion, showing a substantial year-on-year increase of 60.2%.
February imports totaled 1.673 million tons, valued at US$619 million. The average landed customs price for February imports was US$369.97 per ton.
Market Implications
The strong import growth—significantly outpacing export gains—reflects robust domestic demand for fertilizers as China enters the critical spring plowing season. The 60.2% surge in import value, nearly double the volume increase percentage, indicates higher global fertilizer prices compared to the previous year.
The export-import dynamics suggest that while China maintains its role as a significant fertilizer supplier to global markets, domestic consumption requirements are driving substantial inbound shipments, particularly for potassium-based fertilizers where China traditionally relies on imports.
Industry analysts note that the first-quarter trade patterns will likely set the tone for full-year fertilizer flows, with global food security concerns and regional planting decisions influencing subsequent monthly trade data.
