According to the latest data released by the State Customs show that in 2012, China exported a total of 6.95 million tons of urea, a substantial increase of 95.23% compared with 3.56 million tons in 2011, with the 2010 record of 7.03 million tons a difference of less than 10 million tons, the second record a record high.
Urea exports increased significantly in 2012 and there are three main reasons. First, the international demand better. International prices of agricultural products rose sharply in the second half of last year, the price of corn, wheat, soybeans and other varieties rose more than 30%, improved fertilizer demand in India, the United States, Brazil and other major importer of urea are good demand. India has become a major exporter of urea. Second, the low tariff period enterprise focused development effort. In the high tariff period in the first half, coupled with the hot domestic demand, China's urea export volume. The sharp decline in the domestic price of urea in the second half of the year, while the domestic market to enter the off-season, demand decreased, the domestic enterprises to seize the opportunities of urea exports in the second half of the year to enter the low-tariff period, exports harder. September, our monthly export volume of more than 1.2 million tons in December, is up to 166 million tons, up by a substantial increase of 525.42%, a record monthly exports since 2011 to a new high.
In addition, the "deductible" effect is obvious. Urea export policy in 2012 and 2011 as a whole, as clear benchmark price excluding tax, tariffs according to a formula to be deducted is included in the base price tariffs, export tariffs significantly reduce, reduce export costs, improve of urea in the international market competitiveness. Of urea in 2012, the average export unit price of $ 379.78 / ton, compared with $ 435.89 in 2011 / ton down 12.87% increase in the price advantage of China's urea exports.