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16 (Sputnik) -- Russia's fertilizer export revenues surged in 2022 due to rising prices, despite a decline
in sales, the Financial Times, citing data from the Food and Agriculture Organization of the United Nations.
In the first 10 months of last year, Russian fertilizer export revenues reportedly increased by 70% compared to the same period in 2021 to $16.
7 billion.
7 billion.
According to the analysis of the Food and Agriculture Organization of the United Nations, import statistics from Moscow's trading partners show that the volume of fertilizer exports fell by a total of 10%
compared to the previous year.
At the beginning of Russia's military operation in Ukraine, analysts predicted a decrease
in supply.
compared to the previous year.
At the beginning of Russia's military operation in Ukraine, analysts predicted a decrease
in supply.
The source noted that Moscow is increasing exports
to countries such as India, Turkey and Vietnam.
"It is clear that countries like India are the largest recipients [in terms of fertilizer imports]
," FAO said.
”
to countries such as India, Turkey and Vietnam.
"It is clear that countries like India are the largest recipients [in terms of fertilizer imports]
," FAO said.
”
Representatives of Russia, Turkey, Ukraine and the United Nations signed the grain agreement on July 22 last year as part of a package that provides for the lifting of
the embargo on Russian grain and fertilizer exports.
Moscow noted that this did not materialize
.
At the same time, the United Nations assured that restrictions on the export of food and fertilizers will be lifted
.
the embargo on Russian grain and fertilizer exports.
Moscow noted that this did not materialize
.
At the same time, the United Nations assured that restrictions on the export of food and fertilizers will be lifted
.
