Economy

US Imports of Russian Fertilizer Hit Record $944Mln

The previous record of Russian fertilizers imported by the US was reached last year, with the total value of purchases over seven months totaling $900Mln.
Sputnik
The United States achieved a new record by buying $944Mln of Russian fertilizers between January and July, according to data from the US statistical service.
Purchases in July fell three times as much as in June and nearly 40% year-on-year to $54.4Mln - the lowest level since August 2021.
Russia was the US' second-largest supplier of fertilizer this year, the largest supplier being Canada, which exported $2.8Bln of fertilizers in seven months. Saudi Arabia, Israel, and Qatar make up the other top five countries from which the US imports fertilizer.
Economy
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From January to July, the US reduced its fertilizer imports by 22%, totaling $6Bln. Exporting to this category also declined by 36%, reaching $3.4Bln during the same period.
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