US Increases Imports of Russian Fertilizers in July

06.09.2024 11:16

The United States has increased purchases of one of the key Russian goods.

After three months of declining demand, Russian fertilizer exports grew by 16%.

This conclusion was made by RIA Novosti experts who studied statistical data on US exports.

Sales of nitrogen fertilizers showed a noticeable increase: the US purchased 1.7 times more of them in the second month of summer.

The total amount spent on fertilizers is estimated at $62.4 million. In June, the United States purchased fertilizers for $53.8 million.

fertilizers
Photo: Pixabay

In March, however, the total amount of exported products was significantly higher. The US spent $174.2 million that month.

Over the next three months, exports declined, but now they are growing again.

Thanks to this, Russia took second place among fertilizer suppliers to the United States: its share increased to 12%. The largest amount of fertilizer comes from Canada: in July alone, the United States spent $295.9 million on it.

It is noted that in addition to Russia and Canada, fertilizers are supplied to the United States by Israel, Jordan and Lebanon.

Author: Irina Tint Editor of Internet resources