# Moroccan Phosphate Exports Nearly Double, Reach $2.46 Billion in March

> Moroccan exports of phosphates and derivatives reached about MAD 24.6 billion ($2.5 billion) by the end of March, nearly double the year-earlier level, according to Foreign Exchange Office data. The increase is attributed to higher sales of natural and chemical fertilizers as Russian supply was disrupted.

- Date: 2022-05-05 · published 2022-05-05T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/41743-moroccan-phosphate-exports-nearly-double-reach-2-46-billion-in-march
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Strong export values reflect high phosphate prices and firm global demand, which keeps fertilizer input costs elevated for grain and feed producers.

## Read by commodity

- DAP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-07-07 | [Morocco’s Phosphate Sales Doubled To Reach $4.70 Billion in May](https://feedsoft.ai/events/40816-morocco-s-phosphate-sales-doubled-to-reach-4-70-billion-in-may.md) | +5.0% | +0.3% |
| DAP | 2023-09-01 | [Moroccan Phosphate Exports See Steep Decline to $4 Billion in 2023](https://feedsoft.ai/events/34432-moroccan-phosphate-exports-see-steep-decline-to-4-billion-in-2023.md) | -0.7% | +0.3% |
| DAP | 2022-11-24 | [Morocco’s Phosphate and Derivative Exports Hit $8.63 Billion in September](https://feedsoft.ai/events/39008-morocco-s-phosphate-and-derivative-exports-hit-8-63-billion-in-september.md) | -3.8% | -8.3% |
| DAP | 2022-10-05 | [Phosphate Exports in Morocco Rose by A Record 68% in 2022](https://feedsoft.ai/events/39464-phosphate-exports-in-morocco-rose-by-a-record-68-in-2022.md) | -1.7% | -6.2% |
| DAP | 2020-09-22 | [US Phosphates Giant Mosaic Eyes Monopoly, Threatens Moroccan Exports](https://feedsoft.ai/events/51428-us-phosphates-giant-mosaic-eyes-monopoly-threatens-moroccan-exports.md) | -2.2% | -0.4% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2022/05/46528/moroccan-phosphate-exports-nearly-double-reach-2-46-billion-in-march/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.