Record-breaking U.S. Purchases of Russian Fertilizer Reach $944 Million: Census Bureau Data

U.S. Census Bureau Data Shows Record Purchases of Russian Fertilizer

U.S. Census Bureau data showed U.S. purchases of Russian fertilizer reached a record $944 million between January and July.

Exceeding the Previous High

This exceeded the previous high recorded last year, when the value of purchases in 7 months reached $900 million.

July Purchases Decrease

Meanwhile, purchases in July last year fell threefold compared with June and by about 40% year on year to $54.4 million.

Russia in Second Place

Russia took second place in fertilizer supplies to the United States this year, and Canada was in first place, exporting $2.8 billion of fertilizers over 7 months.

Other Top Suppliers

The top five also includes Saudi Arabia ($484.4 million), Israel ($216 million) and Qatar ($214.2 million).

Overall Reduction in Imports

Overall, the United States cut fertilizer imports by 22% from January to July this year, to just $6 billion.

Source: News

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