Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

U.S., Saudi Arabia, Bahrain, Qatar Condemn Iran’s ‘Reckless’ Missile, Drone Attacks

March 3, 2026

Trump Orders Navy Escorts Through Strait of Hormuz, Unlocks Federal War-Risk Insurance for Tankers

March 3, 2026

House Democrats introduce alternative war powers resolution

March 3, 2026
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Tuesday, March 3
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»Russia’s fertilizer exports to BRICS soaring – industry
Business

Russia’s fertilizer exports to BRICS soaring – industry

Press RoomBy Press RoomJuly 7, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Bloc members, especially Brazil, have replaced the EU as Moscow’s top buyers, according to the fertilizer producers’ union

Russian fertilizer exports to BRICS nations have surged over 60% in the past three years and the country is ready to further expand production to meet growing demand across the bloc, Andrey Guryev, President of the Russian Association of Fertilizer Producers (RAFP), told the BRICS Business Forum in Rio de Janeiro on Saturday.

Until 2022, the European Union was Russia’s top fertilizer buyer, accounting for about 28% of its exports. But following the escalation in Ukraine and the resulting wave of EU and US sanctions, Russia has redirected much of its fertilizer trade toward BRICS and African nations.

”BRICS accounts for half of Russia’s fertilizer exports,” Guryev said. The largest share, nearly a quarter, goes to Brazil, he added.

”Environmentally friendly Russian mineral fertilizers give Brazilian farmers a key competitive advantage on the global market: the safety and quality of their agricultural products,” Guryev stressed.


Brazil’s agriculture feeds nearly one billion people, and it relies on a stable fertilizer supply from Russia, Brazil’s Deputy Foreign Minister for Trade Laudemar Gonсalves de Aguiar Neto told the forum.

In 2024, Russia produced over 63 million tonnes of mineral fertilizers, a 6–7% increase from the previous year and the country’s highest output since mid-1980s production peaks.

”In the past five years, we have invested over 1.8 trillion rubles (nearly $23 billion) in new production facilities and capacities,” Guryev said. “We are ready to continue increasing volumes and strengthening our export position,” he added.

Last week Brussels imposed new tariffs on Russian fertilizers, targeting nitrogen-based products, such as urea and ammonium nitrate. The measure comes amid a broader push by the EU to reduce its dependence on Russian imports.

The European Commission argues that the levies would support domestic production and the EU’s fertilizer industry, which has been hard-hit by high energy prices.

The levies – starting at €40–€45 ($47 – $53) per tonne and rising to €430 ($506) by 2028 – have triggered concern among European farmers, who warn the added costs could drive up food prices and hurt agricultural output.

Copa-Cogeca, the EU’s leading agricultural lobby, noted that fertilizer costs in Europe jumped by more than 140% between 2021 and 2023, adding that Russian fertilizers remain the most competitive due to well-established logistics networks.

READ MORE:
West using conflicts to disrupt BRICS rise – Bolivian leader

The BRICS economic group accounts for almost half the planet’s population and 40% of the global economy. It comprises Brazil, Russia, India, and China, South Africa, Egypt, Ethiopia, Iran, the United Arab Emirates, and Indonesia. At last year’s summit in Kazan in Russia, it introduced a partner country status after receiving over 30 membership applications.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Iran war may push EU towards Russian gas – key supplier

March 3, 2026
Business

Gas prices spike amid fears of Middle East supply shock

March 2, 2026
Business

Oil prices spike over US-Israeli strikes on Iran

March 2, 2026
Business

OpenAI strikes deal with Pentagon

February 28, 2026
Business

Meta and Google strike chip deal amid regulatory pressure – media

February 27, 2026
Business

IMF issues national debt warning to US

February 26, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Trump Orders Navy Escorts Through Strait of Hormuz, Unlocks Federal War-Risk Insurance for Tankers

March 3, 2026

House Democrats introduce alternative war powers resolution

March 3, 2026

Iran war may push EU towards Russian gas – key supplier

March 3, 2026

How We Got Here: Moral Flexibility Leads to Moral Decay

March 3, 2026
Latest News

Video: ‘Sinners’ Star Wunmi Mosaku Slams ICE as ‘Atrocious’ on Hollywood Award Show Red Carpet

March 3, 2026

REPORT: Israel Debuts ‘Iron Beam’ Laser Defense After Hezbollah’s ‘Revenge’ Strike from Lebanon Opens New War Front

March 3, 2026

Lutnick agrees to testify in House Oversight's Epstein probe

March 3, 2026

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

U.S., Saudi Arabia, Bahrain, Qatar Condemn Iran’s ‘Reckless’ Missile, Drone Attacks

March 3, 2026

Trump Orders Navy Escorts Through Strait of Hormuz, Unlocks Federal War-Risk Insurance for Tankers

March 3, 2026

House Democrats introduce alternative war powers resolution

March 3, 2026

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2026 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.