Collapse of fertilizer shipments through Hormuz

24/03/2026

Fertilizer-related outbound shipments through the Strait of Hormuz dropped to their lowest level since January 2026 following Iran's announcement of the strait's closure on 2 March 2026.

AXSMarine (Signal Group) & World Trade Organization. (2026). Strait of Hormuz Trade Tracker. WTO Data Lab.