Key Market Indicators
Venezuela's fertilizer imports, exports, and production have all declined since 2007. In 2021, Venezuela ranked 65th in fertilizer imports with 36,200 metric tons, a decrease of 28% from the year prior. Iceland ranked first with 36,200 metric tons. Brazil, Spain, and Thailand followed in second, third, and fourth place, respectively. In 2021, Venezuela ranked 86th in fertilizer exports with 77.73 metric tons, a decrease of 27.5% compared to 2020. Oman topped the list with 77.73 metric tons. Norway, Belgium, and Finland came in second, third, and fourth place, respectively. In 2015, Venezuela ranked 18th in fertilizer production with 163,230 metric tons, an increase from the prior year. Hungary led the rankings with 163,230 metric tons. India, Vietnam, and Indonesia came in second, third, and fourth place, respectively.
