Canadian contract helps strengthen global fertilizer supply through new potash agreement with Bangladesh
News release
September 10, 2026 - Ottawa, Ontario - Global Affairs Canada
Today, the Honourable Maninder Sidhu, Minister of International Trade, announced the Canadian Commercial Corporation’s (CCC’s) new government-to-government agreement with the Bangladesh Agricultural Development Corporation (BADC) for the supply of Canadian potash from Canpotex.
This new agreement will diversify Canada’s trade, secure long-term demand for Canadian potash and support Bangladesh’s food security while supporting Canadian workers.
Canada is among the world’s leading producers and exporters of potash, an essential ingredient in fertilizer production that helps support agricultural productivity and global food security. The world needs reliable suppliers of fertilizer, and Canada has what it takes to deliver. Canada’s fertilizer exports grew 13.2% last year, reaching $9 billion.
This agreement strengthens Canada’s role as a trusted supplier to global agriculture and creates new opportunities for Canadian exporters and workers. It also builds on a long-standing partnership between CCC, Canpotex and BADC. Since 2014, with the addition of this new agreement, CCC has facilitated 12 contracts between Canpotex and BADC, resulting in the delivery of more than 3.5 million metric tonnes of Canadian potash to Bangladesh.
Quotes
“Canada is the world’s largest producer of potash. 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. It supports good-paying jobs for Canadian workers, advances our trade diversification agenda and reinforces Canada’s position as a reliable trading partner.”
- Maninder Sidhu, Minister of International Trade
“In an increasingly uncertain global landscape, CCC’s government-to-government contracting model helps ensure Canada’s trading partners have reliable access to critical minerals like potash. By enabling direct, government-backed agreements, we create stable, predictable supply arrangements that benefit Canadian exporters and their government buyers.”
- Robert Kwon, President and Chief Executive Officer, Canadian Commercial Corporation
“This agreement is a strong example of how reliable access to Canadian potash can support food security and strengthen Canada’s long-standing overseas trade relationships. We’re proud to continue our partnership with CCC and BADC to deliver high-quality Canadian potash with the consistency and reliability that farmers depend on. Partnerships like this also underscore the importance of resilient infrastructure, trade corridors and supply chains that connect critical Canadian resources with customers in overseas markets.”
- Gordon McKenzie, President and Chief Executive Officer, Canpotex
Quick facts
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Potash is a critical mineral used primarily in fertilizer production and is essential for agricultural productivity and food security.
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The Canadian Commercial Corporation is Canada’s government-to-government contracting agency and helps Canadian companies secure international procurement opportunities.
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With the addition of the current contract, more than 3.5 million metric tonnes of Canadian potash have been delivered to Bangladesh through these agreements.
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Canada-Bangladesh bilateral merchandise trade grew from $600.5 million in 2004 to $4.1 billion in 2025.
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Canadian exports of potash (HS 310420) have grown 13.2% from 2024 to 2025 to reach $9.0 billion.
Associated links
Contacts
Mujtaba Hussain
Press Secretary
Office of the Minister of International Trade
819-230-8834
Mujtaba.Hussain@international.gc.ca
Media Relations Office
Global Affairs Canada
media@international.gc.ca
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