World Wheat Exporters, 10 Exporters You Should Know About

World Wheat Exporters

10 World Wheat Exporters You Should Know About

Wheat is one of the most important 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 many countries exporting and importing large quantities of wheat every year. In this article, we will look at the top 10 world wheat exporters in 2022, based on the data from the Food and Agriculture Organization Corporate Statistical Database (FAOSTAT) and other sources. We will also explore some of the factors that affect the wheat trade, such as production, consumption, prices, policies, and climate.

1. Russia: The Largest Wheat Exporter in 2022

Russia was the largest wheat exporter in 2022, with a total value of $8.92 billion and a volume of 27.4 million tonnes. Russia has been increasing its wheat production and exports in recent years, thanks to favorable weather conditions, improved yields, and supportive government policies. Russia’s main wheat export markets are Egypt, Turkey, Bangladesh, Nigeria, and China.

2. Australia: The Second Largest Wheat Exporter in 2022

Australia was the second largest wheat exporter in 2022, with a total value of $10.2 billion and a volume of 25.6 million tonnes. Australia’s wheat production and exports rebounded strongly in 2022 after a severe drought in 2021 that reduced its output and shipments. Australia’s main wheat export markets are China, Indonesia, Vietnam, Japan, and South Korea.

3. United States: The Third Largest Wheat Exporter in 2022

The United States was the third largest wheat exporter in 2022, with a total value of $7.83 billion and a volume of 24 million tonnes. The United States is one of the world’s leading wheat producers and exporters, with a diverse range of wheat varieties and qualities. The United States’ main wheat export markets are Mexico, Japan, Philippines, Nigeria, and South Korea.

4. Canada: The Fourth Largest Wheat Exporter in 2022

Canada was the fourth largest wheat exporter in 2022, with a total value of $6.91 billion and a volume of 21.5 million tonnes. Canada is another major wheat producer and exporter, with a high-quality wheat that is sought after by many countries. Canada’s main wheat export markets are Indonesia, China, Japan, Bangladesh, and Colombia.

5. Ukraine: The Fifth Largest Wheat Exporter in 2022

Ukraine was the fifth largest wheat exporter in 2022, with a total value of $5.87 billion and a volume of 19.4 million tonnes. Ukraine has been expanding its wheat production and exports in recent years, thanks to its fertile soil, low production costs, and proximity to key markets. Ukraine’s main wheat export markets are Egypt, China, Indonesia, Bangladesh, and Morocco.

6. France: The Sixth Largest Wheat Exporter in 2022

France was the sixth largest wheat exporter in 2022, with a total value of $7.4 billion and a volume of 16.1 million tonnes. France is the largest wheat producer and exporter in the European Union (EU), with a high-quality wheat that is used for bread making and other products. France’s main wheat export markets are Algeria, Morocco, Saudi Arabia, Egypt, and China.

7. Argentina: The Seventh Largest Wheat Exporter in 2022

Argentina was the seventh largest wheat exporter in 2022, with a total value of $3.1 billion and a volume of 9.5 million tonnes. Argentina is one of the main wheat producers and exporters in South America, with a competitive advantage in terms of logistics and prices. Argentina’s main wheat export markets are Brazil, Indonesia, Chile, Vietnam, and Kenya.

8. Germany: The Eighth Largest Wheat Exporter in 2022

Germany was the eighth largest wheat exporter in 2022, with a total value of $2.2 billion and a volume of 7.1 million tonnes. Germany is another major wheat producer and exporter in the EU, with a high-quality wheat that is used for milling and baking. Germany’s main wheat export markets are Algeria, Netherlands, Italy, Belgium, and Poland.

9. Romania: The Ninth Largest Wheat Exporter in 2022

Romania was the ninth largest wheat exporter in 2022, with a total value of $2.1 billion and a volume of 6.9 million tonnes. Romania is one of the fastest-growing wheat producers and exporters in the EU, with a low-cost wheat that is attractive to many countries. Romania’s main wheat export markets are Egypt, Spain, Italy, Jordan, and Saudi Arabia.

10. India: The Tenth Largest Wheat Exporter in 2022

India was the tenth largest wheat exporter in 2022, with a total value of $2.13 billion and a volume of 6.1 million tonnes. India is one of the world’s largest wheat producers and consumers, but it also exports wheat occasionally when it has a surplus or when the domestic prices are lower than the international prices. India’s main wheat export markets are Bangladesh, Nepal, Sri Lanka, United Arab Emirates, and Indonesia.

Factors Affecting the Wheat Trade in 2022 and Beyond The wheat trade is influenced by many factors, such as production, consumption, prices, policies, and climate. Some of the main factors that affected the wheat trade in 2022 and may continue to do so in the future are:

  • The COVID-19 pandemic, which disrupted the supply chains, increased the demand for food security, and affected the consumer preferences and behaviors.
  • The weather conditions, which affected the crop development, yields, and quality in many regions, such as Russia, Canada, Argentina, and Australia.
  • The exchange rates, which influenced the competitiveness and profitability of wheat exports and imports in different countries, such as Russia, Brazil, and Argentina.
  • The trade policies, which affected the market access, tariffs, subsidies, and quotas for wheat trade in different countries, such as China, India, and the EU.
  • The biofuel policies, which increased the demand for wheat as a feedstock for ethanol production in some countries, such as Brazil and Canada.

World Wheat Exporters: Trends and Statistics

Wheat is one of the most important cereal crops in the world, with a global production of over 778 million metric tons in 2021/22. It is also a major commodity in international trade, with a total value of about $66.2 billion in 2022. In this blog post, we will look at some of the trends and statistics of the world wheat exporters, based on the latest data available.

Top Wheat Exporting Countries

According to the World’s Top Exports website , the top 15 wheat exporters 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%)
  • Kazakhstan: $1.9 billion (2.9%)
  • Bulgaria: $1.5 billion (2.2%)
  • Poland: $1.4 billion (2.1%)
  • Lithuania: $1 billion (1.5%)
  • Brazil: $967.3 million (1.5%)

These 15 countries accounted for 90.4% of the global wheat exports by value in 2022.

Among the top exporters, the fastest-growing wheat suppliers were Brazil (up 240.6% from 2021), France (up 62.4%), Australia (up 40.5%), Poland (up 40.4%), Kazakhstan (up 34.7%) and India (up 23.6%).

On the other hand, two leading countries posted declines in their annual exported wheat sales: Ukraine (down -47.2% from 2021) and Russia (down -6.9%).

Global Wheat Demand and Consumption

The global demand and consumption of wheat is influenced by various factors, such as population growth, income levels, dietary preferences, weather conditions, crop production, trade policies and market prices.

According to the Statista website , the global per capita food use of wheat was estimated at 67 kilograms in 2020/21, and is projected to increase to 69 kilograms by 2030/31.

The largest wheat consuming countries in 2021/22 were China (134 million metric tons), India (103 million metric tons), European Union-27 (79 million metric tons), Russia (39 million metric tons) and United States (33 million metric tons).

These five countries consumed about 54% of the total global wheat supply in 2021/22.

Wheat is a vital crop for food security and economic development around the world. It is also a significant commodity in international trade, with a diverse range of exporters and importers.

The trends and statistics of the world wheat exporters show that there are opportunities and challenges for both producers and consumers in the global wheat market.

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/

https://www.worldstopexports.com/wheat-exports-country/
https://www.statista.com/topics/1668/wheat/
https://www.exportgenius.in/blog/global-wheat-exports-wheat-export-statistics-and-exporters-453.php

https://en.wikipedia.org/wiki/List_of_countries_by_wheat_exports
https://www.worldstopexports.com/wheat-exports-country/
https://www.opportimes.com/top-10-wheat-exporters-in-the-world/
https://oec.world/en/profile/hs92/wheat

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