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Canada signs a new government-to-government potash supply deal with Bangladesh

Announced by trade minister Maninder Sidhu, the agreement routes Canpotex potash to the Bangladesh Agricultural Development Corporation through the Canadian Commercial Corporation; twelve such contracts since 2014 have delivered more than 3.5 million tonnes, and Canada's fertiliser exports rose 13.2

Agribusiness

Canada and Bangladesh have signed a new government-to-government agreement for the supply of Canadian potash, International Trade Minister Maninder Sidhu announced. The fertiliser will go to the Bangladesh Agricultural Development Corporation (BADC) under a contract arranged by the Canadian Commercial Corporation (CCC) and supplied by Canpotex, the export arm of Saskatchewan's potash producers.

"Canada is the world's largest producer of potash," Sidhu said. "This agreement to supply Bangladesh with more high-quality potash builds on a trading relationship that saw our exports grow by over 25% this past year." He said the deal supports Canadian jobs, advances Ottawa's trade diversification agenda and confirms Canada as a reliable partner.

The arrangement is the latest in a long series. Since 2014, twelve agreements between CCC, Canpotex and BADC have delivered more than 3.5 million tonnes of Canadian potash to Bangladesh.

Robert Kwon, CCC's president and chief executive, said the government-to-government model gives trading partners stable, predictable access to critical minerals such as potash in an uncertain world. Canpotex chief executive Gordon McKenzie said the partnership shows how reliable Canadian supply supports food security, and underlined the need for resilient rail, port and shipping corridors to carry it.

The trade behind the deal is growing on both sides. Canadian fertiliser exports rose 13.2 percent between 2024 and 2025 to roughly C$9 billion, and bilateral merchandise trade between Canada and Bangladesh has climbed from about C$600.5 million in 2004 to C$4.1 billion in 2025.

Photo: SriMesh / Wikimedia Commons (CC BY 2.5)

Source: Farms.com

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