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This domestic and international market analysis forum is in response to the recent policy needs of the country to promote the "dual circulation of domestic and international markets" in the new situation. It explores the urgent issues that need to be solved in the fertilizer industry, such as production and sales layout, trade opportunities, and integration with other industries, from a larger, broader, and deeper perspective. 

From January to September 2024, the cumulative total export volume of various fertilizers in China was 21.78 million tons, a year-on-year decrease of 1.7%. The cumulative export amount was 6.03 billion US dollars, a year-on-year decrease of 15.1%, and the average export unit price was 277.1 US dollars/ton, a year-on-year decrease of 13.7%.

In September of this year, 1.3 million tons of various fertilizers were imported, a year-on-year increase of 13%; From January to September this year, a total of 10.38 million tons of various fertilizers were imported, a year-on-year increase of 12.2%.   

In October 2024, Shandong Shangyi International Trade Co., Ltd.'s South American Trade Division embarked on a significant journey to South America, aiming to deepen communication and cooperation with customers in Chile, Argentina, and Brazil, and jointly explore broader business opportunities. This follow-up visit not only reflects Shangyi International's high attention to the South American market, but also an important action to implement its globalization strategy and deeply cultivate regional markets.

According to Chinese customs statistics, in August 2024, China exported a total of 4.04 million tons of various fertilizers; Among them, there are 30000 tons of urea, 2.09 million tons of ammonium sulfate, 610000 tons of diammonium phosphate, and 270000 tons of monoammonium phosphate.

Mr. Gao Shan, Vice Chairman and General Manager of Shandong Shangyi International Trade Co., Ltd., completed a six day friendly visit to Senegal and Negeria in September. This trip further consolidated the deep friendship bond between Shangyi International and its African partners, demonstrating the determination and effectiveness of Chinese enterprises to deeply cultivate in the African market.