Uzbekistan hits a historic milestone in 2025 — exports reach $33.8 billion! 🔥

Since 1991, the figure has grown 18.8× — from just $1.8 billion, adding nearly $32 billion in export value. 📈

The country is активно expanding into markets across Asia, the Middle East, and Europe, while increasing the share of higher value-added goods: textiles, agro-processing, chemicals, and machinery. 🌍

Exports have become a powerful engine of economic growth — nearly 19× expansion over 34 years of independence. 🚀🇺🇿

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EU imports of Russian fertilizers hit a historic low in January 2026 📉

The EU purchased just 44.1K tons worth €14.2M — the lowest level since 1999.

📊 Decline scale:
• ↓ 12.5× month-on-month (volume)
• ↓ 15× month-on-month (value)
• ↓ ~11× year-on-year

🧪 Supply structure:
• Potash — 35.4K tons (€10M)
• Nitrogen — 5.3K tons (€1.8M)
• Blended — 3.3K tons (€2.2M)

🇪🇺 Top buyers: Poland, Lithuania, Bulgaria, Romania & Italy

Russia has now dropped to 5th place among EU suppliers — down from 1st a year ago.
Leaders: Canada, Egypt, Norway, China.

⚠️ Key drivers: tighter tariffs, CBAM, and shifting global market dynamics.

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#Fertilizers #EU #Russia #GlobalTrade #Commoditie::

🇷🇺🇻🇳 Russia–Vietnam fish trade shows mixed dynamics in 2025

Bilateral trade reached 70K tons (+10%), but declined 5% in value to $330M.

📊 Key trends:
• Russian exports to Vietnam ↓ 40% in volume, but stable at $115M
• Imports from Vietnam to Russia ↑ 20% in volume, but ↓ 5% in value to $215M

👉 Growth in volume alongside falling value signals price pressure in the market.

📈 Early 2026 trend accelerating:
• Total trade: +10% in both volume and value (10K tons, $45M)
• Russian exports: +60% volume, +40% value ($15M)
• Imports from Vietnam: +10% volume, value stable at $30M

⚖️ The market is rebalancing, with stronger momentum on both sides in 2026.

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#Russia #Vietnam #Seafood #GlobalTrade #Exports #Impor:::

🇪🇺🫒 Olive Oil Imports from Europe to Russia Hit a 2.5-Year Low

In January 2026, olive oil imports from EU countries to Russia dropped to their lowest level in 2.5 years, totaling €4.5 million, according to calculations by RIA Novosti based on Eurostat data. This marks a 4.3% decrease compared to January 2025 and the weakest figure since July 2023.

🇮🇹 Italy remains the leading supplier with €2.7 million, followed by 🇪🇸 Spain (€1.2 million) and 🇬🇷 Greece (€352.9K).

📉 The decline reflects Russia’s ongoing shift toward alternative suppliers and the development of domestic production.

📊 Source: RIA Novosti (based on Eurostat data)

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#Trade #Russia #EU #OliveOil #Imports #GlobalTr

🌍📦 Russia strengthens its position in Turkey’s fertilizer market

Russian urea exports to Turkey tripled in 2025, reaching 0.3–0.4 million tons — amid declining shipments from key competitors:

📉 Oman: −20%
📉 Egypt: −13%

⚡️ Key driver: Turkey eliminated its 6.5% import duty on urea in March 2026 to curb rising domestic prices.

📊 Meanwhile, the Middle East conflict has pushed urea prices up by ~40%.

👉 At this pace, Russia could become the 2nd largest fertilizer supplier to Turkey.

📈 Overall, Russia’s urea exports rose 11% YoY to 10.8 million tons in 2025, supported by strong demand from the US, India, and Turkey.

#fertilizers #trade #Turkey #Russia

🌏📦 Vietnam boosts imports of Russian coal

In the first two months of the year, Vietnam increased coal imports from Russia by 35.5% YoY to 1.28 million tons.

📊 In value terms, growth was more modest:
• +14.9% to $161M
• Average price fell by 15.2% to $125.8/ton

⚡️ Russia showed the strongest growth among key suppliers, raising its share in Vietnam’s coal imports to 11.5%.

🌍 Total imports (Jan–Feb):
• 11.16 million tons worth $1.21B
• Main suppliers: Indonesia, Australia, Russia

📉 Indonesia (largest supplier):
• 4.26 Mt (−4.9% YoY)
• $353.8M (−5.7%)

📈 Australia increased shipments to 3.88 Mt

👉 For Russian exporters, the trend is positive: higher volumes despite lower prices. Momentum may continue — in 2025, Russian coal exports to Vietnam reached 7.0 Mt (+30% YoY).

#coal #trade #Vietnam #Russia

🇨🇳📦 China boosts food exports to 🇷🇺 Russia

• Tea imports +40% (premium green segment)
• Poultry: 110K tons (30% of imports)
• Grapes tripled to 47.7K tons
• Beer +39.7%, Fish +34%

📉 Total exports ↓10.4% to $103.3B — but China remains Russia’s top trade partner (39% of imports)

❗️Caviar imports face growing scrutiny (origin & quality concerns)

#Russia #China #Trade

📄 Russia restricts ammonium nitrate exports

Russia has suspended exports of ammonium nitrate from March 21 to April 21, 2026 to secure supply for the domestic agricultural season.

🚜 The decision prioritizes local farmers amid strong global demand for nitrogen fertilizers.

⚠️ Key points:
• Export licenses temporarily suspended
• Exceptions apply for intergovernmental agreements
• Measure aims to ensure uninterrupted spring fieldwork

📊 Reminder:
Fertilizer export quotas are already in place until May 31, 2026.

📉 A clear signal: domestic supply comes first.:

🇷🇺➡️🇮🇳 Russian coking coal heads to India

Russia may boost metallurgical coal exports to India to 23.8 mln tons this fiscal year, keeping its position as the second-largest supplier after Australia (≈39.6 mln tons).

💡 Rising demand in India offsets falling Chinese imports. Total coking coal imports to India could rise 9% YoY to 83.2 mln tons, with steel production expected to grow 11% to 168 mln tons.

🔥 India still relies on imports: domestic coal is too high in ash for blast furnaces. For Russian miners, growth depends on reduced supply from Australia, the US, and Canada.

🌏 Other promising markets: Vietnam, Malaysia, Pakistan, Taiwan, Turkey. Despite high transport costs and sanctions, Russian coal remains competitive due to strong Asian demand.

#RussianCoal #CokingCoal #IndiaImports #SteelIndustry #Metallurgy #CoalExports #AsianMarkets #EnergyNews #RussiaTrade #

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🇷🇺 Russia Extends Ban on Technical Sulfur Exports
The Russian Government has prolonged the temporary ban on exports of liquid, granulated, and lump sulfur until 30 June 2026 (Resolution No. 350 dated 31 March 2026).
The measure is designed to secure stable domestic supplies for mineral fertilizer production and ensure the country’s food security amid sanctions.
Lower-grade sulfur can still be exported with special approval from the Ministry of Industry and Trade. Exemptions remain in place for EAEU countries, Abkhazia, South Ossetia, humanitarian aid, transit, and Russian operations on Spitsbergen.
The original restriction has been in effect since 1 November 2025.

🇮🇳 India’s Urea Output Drops Sharply in March

India’s urea production fell to 1.8M tons in March 2026, down from 2.4M tons YoY (-25%), mainly due to LNG supply disruptions from the Middle East.

🔻 Key points:
• Several plants ran at reduced capacity or halted operations
• Gas shortages linked to regional tensions and supply constraints
• Current stocks remain sufficient for 2–3 months

📦 To stabilize supply, India is:
• Increasing spot LNG purchases
• Launching new import tenders
• Continuing imports from key suppliers like Russia and Morocco

📊 India imported ~9.8M tons of urea in FY2025–26 and plans to buy more in the coming months.

📈 Market impact: Global urea prices are rising, supported by gas shortages and supply uncertainty.

⸻

#India #Urea #Fertilizers #LNG #Commodities #Energy

Countries with the most pigs 🐖

🌍 Global pig population (in millions):

🥇 China – 452.6M
🥈 United States – 74.4M
🥉 Brazil – 44.4M

Other major producers:
🇪🇸 Spain – 34.1M
🇷🇺 Russia – 26.2M
🇮🇳 India – ~10.5M

💡 Key for food supply and agriculture economies.

👉 Did any country surprise you?

🇷🇺 Russian pipeline gas exports to Europe rose +22% YoY in March amid Middle East tensions, reports Reuters.

Flows averaged ~55 mcm/day, with TurkStream remaining the only active route after the halt of Ukrainian transit.

⚡ Despite the rebound, volumes are still near multi-decade lows following a sharp decline in 2025.

📉 The surge highlights a key reality:
Even with diversification efforts, Europe still turns to Russian gas during global supply shocks.

#gas #Europe #Russia #energy #LNG #markets

Weaker ruble brings margins back to Russian coal exports

The depreciation of the ruble has boosted profitability for Russian thermal coal exports. Netbacks from Kuzbass rose 6–27% week-on-week (Mar 16–20), with some western routes returning to positive margins.

Key netbacks:
• 5500 kcal/kg (Far East): +20.6% → RUB 2,200/t
• 6000 kcal/kg (Far East): +6.1% → RUB 3,180/t
• 6000 kcal/kg (Baltic): +26.9% → RUB 1,960/t
• 6000 kcal/kg (Taman): +16.9% → RUB 2,080/t

Freight trends vary by route:
• Ust-Luga → Turkey: +6.9% → $26/t (post ice restrictions easing)
• Taman → West India: -1.4% → $26.1/t
• Far East → China: rates down to $8.5–9.1/t

Meanwhile, coal prices in China are under pressure.
6000 kcal/kg may drop from $135 to $115–120/t amid stronger Indonesian supply.

#coal #energy #Russia #exports #freight #China #India

📊📊📊📊📊📊
Russian cheese exports hit a record high

In 2025, Russia exported nearly 33K tons of cheese and curd worth $173M, up +14% YoY. This marks a new all-time high, surpassing the previous record of $153M in 2022.

Top importers by value:
✅ Kazakhstan — $84M+
✅ Belarus — $29M+
✅ Uzbekistan — $22.5M+
✅ Kyrgyzstan — ~$9M
✅ Azerbaijan — ~$5.5M

Notably, Russia also exported cheese products to Jordan for the first time ever.

#dairy #exports #Russia #trade #food

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🇷🇺🇮🇳 Russia and India are exploring a joint urea production project following Denis Manturov’s visit to India.

Key details — including companies, location, and capacity — are still undisclosed.

🔹 Russian fertilizer exports to India surged 40% last year
🔹 India accounts for ~15% of global urea demand and remains a major importer

The project could strengthen long-term supply and strategic cooperation.

#Urea #Fertilizers #Russia #India #Trade #Agriculture #Commoditie

🚨 India Urea Shock: 2.5 MMT Tender vs. Global Chaos 🚢💨
India is back with a massive 2.5 million tonne urea tender, but the timing couldn't be tighter. Here’s the quick hit:
* The Logjam: Over 500k tonnes from the February tender are still stuck. A massive chunk of cargo is currently paralyzed near the Strait of Hormuz due to regional conflict.
* Supply Crunch: With Middle East shipments throttled and China’s export restrictions still in place, there is very little "easy" urea left on the market.
* Price Impact: Global prices have already surged ~40% since February. This new, massive demand from India is expected to act as rocket fuel for benchmark prices.
* Deadline: Bids are due April 15.
The Bottom Line: Tight supply + messy logistics + massive Indian demand = Fertilizer prices are headed higher. 📈
#Urea #India #Commodities #AgriMarket #SupplyChain #OATT #SizovReport

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