India exploring options to boost fertiliser imports from US
India exploring options to boost fertiliser imports from US
India is considering increasing fertiliser imports from the United States to diversify its sources and reduce reliance on countries like China. This move aims to address the growing trade imbalance with the U.S., as India's trade surplus widened to $41.18 billion in 2024-25. While imports from Russia and China decreased, those from Saudi Arabia, Oman, and Morocco increased.
India is considering increasing fertiliser imports from the United States to diversify its sources and reduce reliance on countries like China. This move aims to address the growing trade imbalance with the U.S., as India's trade surplus widened to $41.18 billion in 2024-25. While imports from Russia and China decreased, those from Saudi Arabia, Oman, and Morocco increased.