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Development of Russia’s Mineral Fertilizer Industry under Sanctions

Author

Listed:
  • Grigorij Mihajlovich KOROLEV

    (Institute of Latin America of the Russian Academy of Sciences (ILA RAS), Moscow, Russia)

Abstract

The article analyzes the current state and prospects for Russia’s mineral fertilizer industry under international sanctions amid the ongoing Ukraine conflict. The author examines the existing overseas infrastructure projects of domestic companies that allow them to expand into the Latin American and Caribbean market. The peculiarities of the Russian market are also considered. Special attention is paid to Brazil’s role for Russian exports of mineral fertilizers, since the share of Russia in its imports is extremely high. In conclusion, the author suggests the ways that could facilitate the development of Russia’s mineral fertilizer industry and have a positive impact on the domestic rural industries

Suggested Citation

  • Grigorij Mihajlovich KOROLEV, 2024. "Development of Russia’s Mineral Fertilizer Industry under Sanctions," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 7, pages 122-134, July.
    • Handle: RePEc:alq:rufejo:rfej_2024_07_122-134
    DOI: 10.24412/2072-8042-2024-7-122-134
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    More about this item

    Keywords

    mineral fertilizers; Latin America; Brazil; foreign trade; agriculture; agro-industry; chemical industry; exports; sanctions;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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