--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20230125-russias-revenues-from-the-fertilizer-exports-grew-by-70/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Russia’s revenues from the fertilizer exports grew by 70% Publication Date: 2023-01-25T15:00:35-05:00 Last Updated: 2023-01-23T10:32:36-05:00 Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/) Categories: [Markets](https://www.fertilizerdaily.com/markets/) ![Russia’s revenues from the fertilizer exports grew by 70%](https://www.fertilizerdaily.com/wp-content/uploads/2023/01/cargo-container-ship-scaled-1.jpg) Problems brought decent revenue. During the ten months of 2022, the export of mineral fertilizers from Russia to the world market increased in monetary terms by 70% to $16.7 billion, the UN reports. At the same time, in physical terms, it decreased by 10%, thus showing the failure of Western analysts’ forecasts about the expected collapse in shipments of mineral fertilizers from Russia abroad: despite the imposition of Western sanctions against shareholders and managers of Russian fertilizer producers, they managed to increase sales to several countries of the world, in particular, to India, Vietnam, Turkey. “Despite the currently observed decline in prices for mineral fertilizers abroad, Russian producers can restore exports to the level of 2021 this year and thereby level out the change in the price situation,” commented the information and analytical service of Fertilizer Daily. Source: [Financial Times](https://www.ft.com/content/c10bcdb9-d01d-4a01-a4a1-38736e263a1e) Tags: [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/), [Russia](https://www.fertilizerdaily.com/tag/russia/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.