Key Market Indicators
Canadian exports of phosphate are set to reach $583,490 by 2026, up 2.4% each year on average. Since 1994, exports have increased by 14.2% annually. In 2021, Canada was the 24th largest exporter of the commodity, with India in the top spot at $506,320. The next three biggest exporters were Jordan, Russia, and Peru. Imports of phosphate into Canada dropped to $6,980 in 2019 from $132,610 the year before, a decrease of 94.7%. Since 1994, imports have gone down by 85.3% each year. Canada ranked 88th in 2019, with Ethiopia ahead at $6,980. The other big importers of the commodity were the United States, Indonesia, and Lithuania.
