Russia exports $32 billion in chemical products as fertilizer demand rises

Russian chemical exports reached $32 billion in 2025, with mineral fertilizers emerging as a primary driver of international trade. Industry and Trade Minister Anton Alikhanov announced the figures on Tuesday, 10 November, at the Chemistry 2026 exhibition in Moscow. The chemical sector now accounts for approximately 20% of Russia's total non-commodity and non-energy exports. While fertilizers represented 15.2% of these sales, Alikhanov noted that other segments within the chemical industry are also recording export growth. Significant capital investment in domestic production Russian enterprises have spent more than 4.8 trillion rubles on infrastructure and development since 2022. This capital injection, reported by the TASS news agency, signals a sustained expansion of domestic production capabilities aimed at maintaining global market share. The release of these figures on Tuesday coincides with the opening of the Chemistry 2026 exhibition, a key industry event where trade officials outline strategies to navigate global economic shifts. The data highlights a strategic shift toward non-energy sectors to support the national trade balance. Diversification of export portfolio Moving forward, the industry is expected to diversify its export portfolio beyond basic mineral fertilizers. Market participants are monitoring how the 4.8 trillion ruble investment will translate into advanced chemical manufacturing to meet shifting international demand and regulatory requirements in…