April 2024 China Urea Import and Export Data

June 12, 2024, 9:21 AM

Feidoodoo

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Guide

Highlights at a glance

In April 2024, China's urea exports rose to 0.52 million tons, a 23.31% month-on-month increase, but dropped 93.15% year-on-year. The average export price was $296.71 per ton. From January to April, cumulative exports totaled 3.09 million tons, down 94.88% year-on-year. Meanwhile, urea imports in April reached 47.92 tons, down 87.23% from the previous month but up 164.89% annually, with an average import price of $5,713.85 per ton. Cumulative imports for the first four months were 3,724.44 tons, an 81.33% year-on-year rise. The main export destinations were Hong Kong (52%) and Myanmar (48%).

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%.