Ukraine paid Russia $ 155 million for fertilizers

Ukraine paid Russia $ 155 million for fertilizers
Дата: Tuesday March 28th, 2017

In 2014-2016, 632 thousand tons of carbamide were assigned to the Ukraine from Russia. Ukraine paid $ 155 million to Russian companies for fertilizer in 2014-2016. This information has been provided to the Federal Customs Service of the Russian Federation, referring to the statistics.

In 2014, Ukraine imported 164 thousand tons of carbamide for $ 47 million, – in 2015, the import of Russian carbamide increased by 30%, up to 213 thousand tons, which is equal to $ 57 million.

In 2016, purchases of carbamide in Russia continued to increase by 20%, to 255 thousand tons at $ 52 million. In total, it was delivered 632 thousand tons of fertilizer that cost 155.83 million dollars in 2014-2016 years from the Russian Federation to Ukraine

70% of this volume ($ 109 million) was provided by Novomoskovskiy Azot in the Tula region, which belongs to Eurochem. In 2014, part of this company in the total supply volume was 75%, in 2015 – 80%, and in 2016 – decreased to 55%. And in 2016 the share of Berezniki’s Azot, which is part of Uralkhim, increased to 25%.

The FCS of Russia notes that Evrokhim belongs to the Russian businessmen Andrei Melnichenko. And Uralkhim is overseen by the head of his board of directors Dmitry Mazepin.

Thus, Ukraine increased the import of nitrogen fertilizers from Russia by 34% – up to 53.587 million dollars in January-February 2017

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