In June, the volume of imports from Russia exceeded $275 million, which is the second highest figure in Mexico’s history (the country purchased more from Russia only in May 2021: $283.9 million).
In the first half of 2022, Mexico’s volume of imports from Russia amounted to $1.193 billion, according to the Bank of Mexico. This is 20.85% more than last year's figure ($987.6 million).
Russia is the main international supplier of fertilizers to Mexico with a share of about a quarter of all imports of nitrogen and mixed nitrogen, phosphorus and potash fertilizers. Other important imports from Russia include rolled steel, aluminum and synthetic rubber.