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India Exploring Ways to Raise Fertiliser Imports from US
Hindustan Times Jammu
|May 03, 2025
India is exploring ways to increase fertiliser imports from the US in a bid to reduce its dependence on countries like China and narrow the trade imbalance between New Delhi and Washington, an official said.
NEW DELHI:
The country's fertiliser imports dipped by 7.16% to $8.29 billion in 2024-25 as against $8.92 billion in 2023-24 and $15.32 billion in 2022-23.
The top five import sources of India are Russia, Saudi Arabia, Oman, China, Morocco, and the US, the official said.
In the last fiscal, the inbound shipments of this commodity from Russia dipped by 11.18% to $1.84 billion as compared to $2.07 billion in 2023-24. From China also, it declined by 61.13% to $0.88 billion in 2024-25 from $2.25 billion in the previous fiscal.
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