Russia becomes India's largest supplier of fertilizers

Russia becomes India's largest supplier of fertilizers

Daily Current Affairs / Russia becomes India's largest supplier of fertilizers

Change Language English Hindi

Category : International Published on: November 24 2022

Share on facebook

Russia has emerged as the biggest supplier of fertilizers to India in the first half of the 2022-23 financial year replacing China.
India's fertilizer imports from Russia increased by 371% to a record 2.15 million tonnes in the first six months of the year (April-September 2022).
The increase in Russian supply have led to the decline in India’s import from traditional sources like China Jordan, Egypt and the United Arab Emirates.
In the 2021/22 financial year Russia's share in Indian imports was around 6%, while China was around 24%.
India, which is a major importer of Urea, aims to become self-sufficient by 2024 and is trying to improve its domestic production.
Russia and Belarus are a major exporter of fertilizers in the world. They both accounted for more than 40% of global exports of potash last year.

Recent Post's

PM Narendra Modi chaired a high-level deliberation session focusing on key national policy and governance priorities.
Read More....
Nagaland celebrates its Statehood Day on 1st December, marking its 1963 formation and the start of the Hornbill Festival.
Read More....
India releases Basic Animal Husbandry Statistics 2025, showing record growth in milk, eggs, meat, and wool production.
Read More....
PM Modi unveils 77-foot Lord Ram statue at Partagali Math, celebrating 550 years of the spiritual institution.
Read More....
India strengthens Afghanistan’s healthcare by delivering 73 tonnes of medicines, vaccines, and essential supplies.
Read More....
India launches Operation Sagar Bandhu, sending 27 tonnes of relief material and NDRF teams to aid Sri Lanka after Cyclone Ditwah.
Read More....
Jay Shah named “Indian of the Year 2025” for transforming Indian and global cricket, including WPL and gender pay parity reforms.
Read More....
Vivek Chaturvedi appointed CBIC Chairman, succeeding Sanjay Kumar Agarwal after his retirement on November 28, 2025.
Read More....
IMF retains C-grade for India’s GDP data as MoSPI reports 8.2% growth and prepares a new 2022–23 base year.
Read More....
India has been re-elected to the International Maritime Organisation (IMO) Council for 2025–26, securing the highest votes (154) in Category-B.
Read More....