China's Synthetic Ammonia Import and Export Data for October 2023

According to customs data, in October 2023, China imported 31,300 tons of synthetic ammonia, an increase of 3.12 tons compared to the same period last year, representing a year-on-year increase of 31,200.00%; a decrease of 0.24 tons compared to the previous month, down 7.12% month-on-month; with an average import price of $520.87 per ton. From January to October 2023, the cumulative import volume was 622,300 tons, an increase of 427,600 tons compared to last year, up 219.55% year-on-year.

Furthermore, in October 2023, China exported 16,200 tons of synthetic ammonia, a decrease of 0.45 tons compared to the same period last year, down 21.84% year-on-year; a decrease of 0.81 tons compared to the previous month, up 99.75% month-on-month; with an average export price of $598.07 per ton. From January to October 2023, the cumulative export volume was 177,000 tons, an increase of 51,100 tons compared to last year, up 40.56% year-on-year.

In October 2023, the main importing country of China's synthetic ammonia was Indonesia, accounting for 100% of the total import volume. The main exporting countries for China's synthetic ammonia in October were Australia, South Korea, and Japan, accounting for 50%, 25%, and 23% of the total export volume, respectively.