April 2024 China Urea Import and Export Data

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%.

Export Destinations:

In April 2024, the primary countries to which China exported urea were:

• Hong Kong: 52% of the total export volume
• Myanmar: 48% of the total export volume