10 Wheat Exporting Countries That Rule the Global Market

Wheat is one of the most important crops in the world, providing food for billions of people and feed for livestock. It is also a major commodity in the international trade, with an estimated value of $66.2 billion in 2022. But which countries are the top wheat exporters and how do they compete in the global market? Here is a list of the 10 wheat exporting countries that rule the global market, based on the latest data from the Food and Agriculture Organization (FAO) and World’s Top Exports.

1. Australia: $10.2 billion (15.4% of total wheat exports)

Australia is the world’s largest wheat exporter, with a market share of 15.4% in 2022. The country has a favorable climate and soil for growing wheat, especially in the western and southern regions. Australia produces mainly hard wheat varieties, which are suitable for making bread, noodles and pasta. Australia’s main export destinations are China, Indonesia, Vietnam and Japan.

2. United States: $8.52 billion (12.9%)

The United States is the second-largest wheat exporter, with a market share of 12.9% in 2022. The country has a diverse wheat production system, with different varieties grown in different regions. The United States produces mainly soft wheat varieties, which are used for making cakes, cookies and pastries. The United States also exports high-quality hard wheat varieties, such as hard red winter and hard red spring, which are in high demand in Asia and Africa. The United States’ main export destinations are Mexico, Japan, Philippines and Nigeria.

3. Canada: $7.9 billion (12%)

Canada is the third-largest wheat exporter, with a market share of 12% in 2022. The country has a vast land area and a cold climate that are suitable for growing wheat, especially in the prairie provinces of Alberta, Saskatchewan and Manitoba. Canada produces mainly hard wheat varieties, such as hard red spring and durum, which are used for making bread, pasta and couscous. Canada’s main export destinations are Indonesia, China, Japan and Bangladesh.

4. France: $7.4 billion (11.2%)

France is the fourth-largest wheat exporter, with a market share of 11.2% in 2022. The country has a temperate climate and fertile soil that are ideal for growing wheat, especially in the northern and central regions. France produces mainly soft wheat varieties, which are used for making pastries, biscuits and animal feed. France also exports some hard wheat varieties, such as hard red winter and durum, which are used for making bread and pasta. France’s main export destinations are Algeria, Morocco, Egypt and Saudi Arabia.

5. Russia: $6.8 billion (10.3%)

Russia is the fifth-largest wheat exporter, with a market share of 10.3% in 2022. The country has a huge land area and a continental climate that allow for growing wheat in various regions, from the European part to Siberia. Russia produces mainly hard wheat varieties, such as hard red winter and hard red spring, which are used for making bread, noodles and pasta. Russia’s main export destinations are Egypt, Turkey, Bangladesh and Nigeria.

6. Argentina: $3.1 billion (4.7%)

Argentina is the sixth-largest wheat exporter, with a market share of 4.7% in 2022. The country has a warm climate and fertile soil that are conducive for growing wheat, especially in the central and southern regions. Argentina produces mainly soft wheat varieties, which are used for making pastries, cakes and animal feed. Argentina also exports some hard wheat varieties, such as hard red winter and durum, which are used for making bread and pasta. Argentina’s main export destinations are Brazil, Indonesia, Chile and Vietnam.

7. Ukraine: $2.7 billion (4%)

Ukraine is the seventh-largest wheat exporter, with a market share of 4% in 2022. The country has a mild climate and rich soil that are favorable for growing wheat, especially in the central and southern regions. Ukraine produces mainly soft wheat varieties, which are used for making pastries, biscuits and animal feed. Ukraine also exports some hard wheat varieties, such as hard red winter and durum, which are used for making bread and pasta. Ukraine’s main export destinations are Egypt, Indonesia, China and Morocco.

8. Germany: $2.2 billion (3.3%)

Germany is the eighth-largest wheat exporter, with a market share of 3.3% in 2022. The country has a cool climate and productive soil that are suitable for growing wheat, especially in the northern and eastern regions. Germany produces mainly soft wheat varieties, which are used for making pastries, breads and animal feed. Germany also exports some hard wheat varieties, such as hard red winter and durum, which are used for making bread and pasta. Germany’s main export destinations are Algeria, Netherlands, Italy and Belgium.

9. India: $2.13 billion (3.2%)

India is the ninth-largest wheat exporter, with a market share of 3.2% in 2022. The country has a tropical climate and diverse soil that allow for growing wheat in various regions, from the northern plains to the southern peninsular. India produces mainly hard wheat varieties, such as hard red winter and durum, which are used for making bread, chapati and paratha. India’s main export destinations are Bangladesh, Nepal, Sri Lanka and United Arab Emirates.

10. Romania: $2.1 billion (3.2%)

Romania is the tenth-largest wheat exporter, with a market share of 3.2% in 2022. The country has a temperate climate and fertile soil that are optimal for growing wheat, especially in the southern and eastern regions. Romania produces mainly soft wheat varieties, which are used for making pastries, biscuits and animal feed. Romania also exports some hard wheat varieties, such as hard red winter and durum, which are used for making bread and pasta. Romania’s main export destinations are Egypt, Spain, Italy and Jordan.

These are the 10 wheat exporting countries that rule the global market, with their respective market shares, production varieties and export destinations. Wheat is a vital crop that feeds millions of people and animals around the world, and also generates significant income for the exporting countries. Wheat trade is influenced by many factors, such as weather conditions, crop quality, demand and supply, prices and policies. As the global population and consumption grow, wheat trade will continue to be an important aspect of the world economy.

Top 10 Wheat Exporting Countries and Global Demand Trends

Wheat is one of the most important cereal crops in the world, providing food for billions of people and feed for livestock. Wheat is also a major commodity in the international trade, with a global export value of over $66 billion in 2022. In this blog post, we will look at the top 10 wheat exporting countries and how the global demand for wheat has changed over time.

According to the World’s Top Exports website, the top 10 wheat exporting countries in 2022 were:

Australia: $10.2 billion (15.4% of total wheat exports)
United States: $8.52 billion (12.9%)
Canada: $7.9 billion (12%)
France: $7.4 billion (11.2%)
Russia: $6.8 billion (10.3%)
Argentina: $3.1 billion (4.7%)
Ukraine: $2.7 billion (4%)
Germany: $2.2 billion (3.3%)
India: $2.13 billion (3.2%)
Romania: $2.1 billion (3.2%)

These 10 countries accounted for 90.4% of the total wheat exports in 2022 by value. Among them, the fastest-growing wheat exporters were Brazil, France, Australia, Poland, Kazakhstan and India, while Ukraine and Russia experienced declines in their wheat sales.

The global demand for wheat has been influenced by various factors, such as population growth, income levels, dietary preferences, climate change, trade policies and market fluctuations. According to the Food and Agriculture Organization (FAO) , the world wheat consumption increased from 674 million tonnes in 2018 to 751 million tonnes in 2021, with an average annual growth rate of 3.6%. The main drivers of this growth were China, India, Pakistan, Turkey and Iran, which together accounted for more than half of the global wheat consumption in 2021.

The FAO also projected that the world wheat consumption will reach 785 million tonnes by 2030, with an average annual growth rate of 0.6%. The growth rate is expected to slow down due to the saturation of demand in some regions, the diversification of diets and the competition from other grains and crops. The main regions that will contribute to the future growth of wheat demand are Africa, Asia and Latin America, where population growth, urbanization and income growth will increase the demand for wheat-based products.

Wheat is a vital crop for food security and economic development around the world. The top 10 wheat exporting countries play a significant role in meeting the global demand for wheat and ensuring its availability and affordability. However, they also face challenges such as climate change, pests and diseases, trade barriers and price volatility that may affect their production and export performance. Therefore, it is important to monitor the trends and dynamics of the global wheat market and to adopt sustainable and resilient practices to ensure the long-term viability of the wheat sector.

References:

http://www.fao.org/faostat/en/#data/TP

https://www.fao.org/faostat/en/#data/QCL/visualize

http://www.fao.org/faostat/en/#data/QC/

http://faostat3.fao.org/

https://web.archive.org/web/20160910234716/http://faostat3.fao.org/faostat-gateway/go/to/download/Q/QC/E

https://www.worldstopexports.com/wheat-exports-country/
http://www.fao.org/faostat/en/#data/QC

https://en.wikipedia.org/wiki/List_of_countries_by_wheat_exports

https://www.weforum.org/agenda/2022/08/top-10-countries-produce-most-wheat/