Russia remains a major exporter of fertilisers which have not been sanctioned. Exports of potash were up 70% year on year in the first half of this year, reports Vedomosti on August 7.
Potash fertiliser exports from Russia surged in the first half of this year, reaching 6.7mn tonnes, a 1.7-fold increase compared to the same period last year, according to data from the Metals & Mining Intelligence (MMI) agency reviewed by Vedomosti – the strongest growth in six months.
Urea, the main nitrogen fertiliser, followed with a 23% y/y increase, totalling 4.6mn tonnes. Phosphorus fertiliser exports slightly declined by 3% to 2.5mn tonnes. Data on ammonium nitrate exports was not available.
The MMI data suggests overall the total export volume for all fertiliser types was 13.7mn tonnes in 1H24, a 34% increase. But a source familiar with customs statistics told Vedomosti the actual export volume was higher, approximately 21mn tonnes in the first half of the year, or 20% more than last year's figures.
The main customers include: Brazil, China and the US, according to MMI. Significant volumes of nitrogen fertilisers were supplied to the USA, Brazil, India and Mexico.