Poland sharply increases imports of Russian fertilizers – media
Poland more than tripled purchases of Russian potash in July in annual terms, RIA Novosti reports

The move comes despite Warsaw’s intention to sever economic ties with Moscow

Imports of Russian fertilizers by Poland jumped 3.3 times in July 2023 compared to last year, a RIA Novosti analysis of official data has shown.

According to the outlet, Polish companies purchased $20.2 million worth of fertilizer compared to just $6.2 million last July. As a result, Russia ranked second among Poland’s largest suppliers, while in July 2022, it was only sixth.

Data showed that Germany was the leading supplier of fertilizers to Poland in July, delivering $22.6 million worth of the commodity, while Lithuania came in third with $13.5 million. Finland and the Netherlands were in the top five, exporting $8.3 million and $8.1 million worth of fertilizers, respectively.

Warsaw began sharply reducing purchases of Russian fertilizers in April 2022 as part of a drive to cut economic ties with Moscow. As a result, imports from Russia decreased by 21 times in just one month. However, by June, these shipments started growing again, and by the end of last year, Poland had purchased $225.1 million worth of Russian fertilizers, compared to $360 million in 2021.

Meanwhile, statistics show that over seven months of this year, from January until July, Poland imported $97.6 million worth of fertilizers from Russia, 25% less than during the same period in 2022.

READ MORE: Russia seeks more control over fertilizer sales – Bloomberg

Russia is the world’s largest fertilizer producer, covering roughly 15% of global consumption. Western sanctions have not directly targeted Russian fertilizer exports, however, restrictions have still affected deliveries, which plunged 15% year-on-year in 2022.

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https://www.rt.com/business/583393-poland-russian-fertilizers-import/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

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