Brazil is in solidarity with everyone but on its own a country with a vengeance resumed purchases of Russian fertilizers
- May 14
Brazil is one of the largest buyers of Russian mineral fertilizers. After the temporary suspension of fertilizer imports from Russia, Brazilian companies continued purchases, with a vengeance. In the near future, the government of the country even wants to increase them by 2 times.
According to the American publication, New York Times, the supply of Russian mineral fertilizers to the Brazilian market doubled. This year, the publication reports, hundreds of thousands of tons of fertilizers arrived in Brazil. An even larger batch of cargo is expected.
Recall that Brazil is the largest country-importer of Russian fertilizers. It purchases about 27% of the exports of this product. Russia, in turn, satisfies up to 70% of Brazil's needs for mineral fertilizers.
At the same time, the export of Russian fertilizers in Brazil is growing every year significant pace. According to the results of last year, Russia put 10 million tons of fertilizers in Brazil. This is 40% higher than 2020.
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Despite the significant amount of supply of Russian fertilizers to Brazil, President Zhair Bolsonarus hopes for its increase by 2 times. In February of this year, he met with the head of the Russian Federation Vladimir Putin. Zhir Bolsonaru announced his intention to purchase not 10, but 20 million tons of fertilizers. The parties agreed to doubling the volume of supplies.
However, Russian manufacturers are ready to increase supply only after satisfying the needs of the domestic agro -industrial complex. After all, Russia during the time of sowing limits the export of fertilizers in order to restrain the increase in prices within the country.
It is curious that Brazil intends to increase the import of Russian fertilizers, despite the fact that she had previously joint with the EU and the USA. But still, Joe Biden failed to attract the Brazilian government to participate in anti -Russian sanctions. Zhir Bolsonaro was able to resist the pressure of these countries. And their support remained only in words.
After a decrease in fertilizers from Russia in March this year, in mid -April they had already increased significantly. Now it may happen that as a result of this year, Brazil will redeem 60% of all mineral fertilizers imported by Russia to the external market.
To avoid possible sanctions measures by the US government, Brazil is used by the American bank Citigroup as an intermediary. At the same time, Brazilian companies are working with Gazprombank for transferring payment for purchased Russian goods.
In addition, Brazilian partners agreed with several large operators to organize the transportation of various types of mineral fertilizers from Russia.
It is interesting that despite all the anti -Russian measures introduced, the USA and the EU would like to purchase mineral fertilizers in Russia.
Due to the growth in gas and electricity prices in these countries, fertilizer production reduced by half. But the Russian government introduced restrictions on fertilizers before the completion of sowing work in the country. And as it has recently been known, the Russian government intends to introduce a total embargo to export goods from the country.
And again, the same conclusion suggests itself: those countries that accept them suffer from anti -Russian sanctions.
Do you think everything will turn out the way Brazil wants?
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