The Russian Federation on April 28 extended its fertilizer export quotas for June 1 to Nov. 30, 2024. The announcement follows an initial proposal by the Ministry of Industry and Trade in March (GM March 29, p. 30).
The quota allows exports of 19.7 million mt of fertilizer, including 12.4 million mt of nitrogen and 7.3 million mt of phosphates. The nitrogen quota includes urea, UAN, and ammonium nitrate, the latter of which is further limited to a quota of 4.77 million mt.
Russia exported a total of 14.5 million mt of nitrogenous products in 2023, of which 3.15 million mt was ammonium nitrate. Ammonium nitrate is the more popular nitrogen fertilizer used domestically in Russia and it is seasonally subjected to export curbs meant to safeguard domestic supply and prices.
Russia first introduced the export quotas on fertilizers on Dec. 1, 2021 (GM Nov. 5, 2021) and has extended them several times. The export restrictions are aimed at keeping sufficient volumes of fertilizers available for supply to the domestic market.