According to customs data,In July 2024, China's urea exports were 79,400 tons, an increase of 0.52 from the previous month and a month-on-month increase of 7.01%; a decrease of 24.41 from the same period last year, a year-on-year decrease of 75.45%; the average export price this month was US$354.32/ton. The cumulative total export volume from January to July 2024 was 219,100 tons, a decrease of 1.1139 million tons from the same period last year and a year-on-year decrease of 83.56%.

According to customs data,In July 2024, China's urea imports were 44.29 tons, an increase of 1.42 from the previous month and a month-on-month increase of 3.31%; an increase of 24.42 from the same period last year, a year-on-year increase of 122.92%; the average import price this month was US$2,567.57/ton. The cumulative total import volume from January to July 2024 was 3,835.38 tons, an increase of 1,701.45 tons from last year and a year-on-year increase of 79.73%.

In July 2024, the top eleven urea exporting countries in China are: South Korea, Japan, Brazil, India, Australia, China Hong Kong, China Taiwan, Mexico, Myanmar, Vietnam, and Chile, accounting for 30%, 12%, 9%, 6%, 5%, 4%, 3%, 3%, and 2%.