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# Russia&#8217;s fertilizer exports in first nine months of 2023 increase by 9.4%

Publication Date: 2023-11-28T19:00:07-05:00
Last Updated: 2023-11-28T15:31:31-05:00

Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Chemical fertilizer Urea Stock pile jumbo-bag in warehouse waiting for shipment.](https://www.fertilizerdaily.com/wp-content/uploads/2023/11/chemical-fertilizer-urea-stock-pile-jumbo-bag-in-warehouse-waiting-for-shipment-stockpack-istock-scaled-e1701185454688.jpg)

Russia's exports of potash and urea rose significantly in the first nine months of this year.

Russia’s total fertilizer exports in the first three quarters of 2023 increased by 9.4% year on year, to 25.3 million tonnes, local media have been reporting, citing research from Gazprombank’s Center for Economic Forecasting.

The increase is said to be attributable to a 9.7% growth in potash exports and an 8.6% rise in urea exports. According to the bank’s data, while exports to Europe have decreased by 13% – exports to Turkey and India have increased by 200%.

The Center for Economic Forecasting also reportedly found that Brazil remained the single largest consumer of Russian fertilizer exports, accounting for 24% of all international deliveries. Next was India (14%), ‘European countries’ (13%), the US (12%), and China (9%).

Despite the year-on-year growth, exports have not yet returned to the levels recorded in 2021.

Tags: [export](https://www.fertilizerdaily.com/tag/export/), [Gazprombank](https://www.fertilizerdaily.com/tag/gazprombank/), [potash](https://www.fertilizerdaily.com/tag/potash/), [Russia](https://www.fertilizerdaily.com/tag/russia/), [urea](https://www.fertilizerdaily.com/tag/urea/)

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