As the results of the first quarter of this year showed, the volume of Russian fertilizer imports to the U.S. amounted to $596 million. The Roscongress study notes that this is 127.4% more than last year, when it was $262 million.
The document states that the US is among the top 3 major exporters of Russian fertilizers, and is second only to India and Brazil. At the same time, all three countries have increased their purchases.
However, deliveries to India have increased the most: if the country shipped $78 million worth of Russian fertilizers in the first quarter of 2021, it is already almost $708 million by the end of the first quarter of 2023.
At the same time, experts emphasize that Russia's share of the European market has significantly decreased over the past few years, with suppliers from Algeria, Egypt, Trinidad and Tobago and the US taking its place.