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Russia curbs some nitrogen fertiliser exports as war hits supply

Bloomberg
Bloomberg • 2 min read
Russia curbs some nitrogen fertiliser exports as war hits supply
The announcement comes as global flows of fertilisers have been disrupted by the Iran war
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(March 24): Russia has temporarily suspended exports of ammonium nitrate, further tightening the global supply of crop nutrients already strained by the Iran war.

The Agriculture Ministry has paused exports from March 21 to April 21, the Tass newswire reported, citing a government statement. Supplies under intergovernmental agreements are exempt.

“The suspension of exports will allow priority supply to the domestic market during the spring fieldwork period and ensure its uninterrupted progress amid rising export demand for nitrogen fertilisers," the ministry said.

The announcement comes as global flows of fertilisers have been disrupted by the Iran war. The Strait of Hormuz — a crucial maritime transit point linking the Persian Gulf to the open ocean — has been effectively closed since the conflict erupted at the end of February. The waterway handles about one-third of the global fertiliser trade. The supply risks are compounded as China, the top producer of nutrients, has also curbed exports.

The impact of the supply snarls is heightened because Northern Hemisphere farmers usually ramp up the application of the nutrients during the spring planting period. The shortages could increase competition for the limited available fertiliser stocks — boosting farmers’ costs and eventually flowing through to higher food costs.

Russia, the world’s second-largest fertiliser producer, accounts for about 20% of the global nutrient trade. The country produced 28.9 million tonnes of nitrogen fertilisers last year but has already limited exports to prioritise domestic supply. The country set an export quota of about 10.6 million tonnes of nitrogen fertilisers, including ammonium nitrate, from Dec 1, 2025, through May of this year.

See also: Copper wipes out this year's gains as Iran war punishes metals markets

Typically, urea makes up the largest volumes of Russia’s exports.

The nation’s nitrogen fertiliser production capacity has also been affected by the war with Ukraine, as plants are often targeted by drones. Dorogobuzh PJSC, which produces about two million metric tonnes of nitrogen nutrients annually, was damaged in a fire in late February following an attack that Moscow blamed on Ukraine and it is expected to remain idle until May.

Uploaded by Arion Yeow

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