According to the publication, in January-May of this year, Russian companies increased fertilizer supplies to EU countries by 1.7 times on an annual basis, reaching 1.9 million tons. “Vedomosti” According to Eurostat data.
The largest buyers of Russian fertilizers in January-May were Poland with 467,700 tonnes (24% of all supplies), France – 228,500 tonnes (12%), Germany – 214,300 tonnes (11%) and Italy – 188,100 tonnes (10%). These countries accounted for 57% of Russia’s fertilizer supplies to the EU.
According to the Russian Fertilizer Producers Association (RAPU), fertilizer exports from Russia reached 40 million tons in 2023 (+25% compared to 2022), and production increased by 9% to 59.3 million tons.
In June, United Nations Conference on Trade and Development (UNCTAD) Secretary-General Rebekah Greenspan and Russian Deputy Foreign Minister Sergei Vershinin approved The importance of ensuring the export of Russian agricultural products.
Previously at the Ministry of Foreign Affairs statedHe said the sanctions would not prevent Russia from selling resources abroad.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.