April 2024 China Urea Import and Export Data

June 12, 2024, 9:21 AM

Feidoodoo

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In April 2024, China exported 0.52 million tons of urea, showing a 23.31% month-on-month increase but a 93.15% year-on-year decrease. The average export price was $296.71 per ton. Cumulative exports from January to April 2024 totaled 3.09 million tons, a 94.88% year-on-year decline. On the import side, China imported 47.92 tons of urea in April 2024, marking an 87.23% month-on-month decrease but a 164.89% year-on-year increase. The average import price was $5713.85 per ton. From January to April 2024, cumulative imports reached 3724.44 tons, an 81.33% year-on-year increase. The primary export destinations in April 2024 were Hong Kong and Myanmar, accounting for 52% and 48% of the total export volume, respectively.

Export Data:

According to customs data:

In April 2024, China exported 0.52 million tons of urea, an increase of 0.10 million tons from the previous month, representing a month-on-month increase of 23.31%.
Compared to the same period last year, exports decreased by 7.06 million tons, a year-on-year decline of 93.15%.
The average export price for the month was $296.71 per ton.
From January to April 2024, the cumulative export volume was 3.09 million tons, a decrease of 57.18 million tons from the same period last year, representing a year-on-year decline of 94.88%.

Import Data:

According to customs data:

In April 2024, China imported 47.92 tons of urea, a decrease of 327.32 tons from the previous month, representing a month-on-month decline of 87.23%.
Compared to the same period last year, imports increased by 29.83 tons, a year-on-year increase of 164.89%.
The average import price for the month was $5713.85 per ton.
From January to April 2024, the cumulative import volume was 3724.44 tons, an increase of 1670.46 tons from the same period last year, representing a year-on-year increase of 81.33%.