International Agricultural Trade Report

Impacts and Repercussions of Price Increases on the Global Fertilizer Market

Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...
In 2021, according to Romania’s National Institute of Statistics (NIS), Romania imported $182 million of U.S. food and agricultural products, up 2.7 percent compared to 2020. According to the U.S. Census Bureau's bulk, intermediate, and consumer-oriented (BICO), U.S. suppliers shipped $84 million of U.S. food and agricultural products to Romania in 2021.