In 2023, Russia led the wheat and meslin export market with $23.17 billion, showing a 2.97% growth. The U.S. and Canada's shares fell slightly, while Ukraine, Romania, and Latvia registered noticeable increases. Eastern European countries such as Lithuania, Moldova, and Estonia experienced significant growth, whereas Western and Southern Europe saw modest changes or declines. Notably, some smaller economies like Peru had substantial year-on-year increases.
Future trends to watch include potential shifts due to geopolitical issues affecting traditional exporters like Russia. Emerging markets in Eastern Europe and South America may continue to capture more market share, leveraging favorable climatic conditions and growing agricultural investments.
Top countries in Export of Wheat And Meslin Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 23.17 | 2023 | +4.43% | +2.97% | View data |
| 2 | 2 United States | 11.77 | 2023 | -2.08% | -1.63% | View data |
| 3 | 3 Canada | 10.7 | 2023 | +0.92% | -0.61% | View data |
| 4 | 4 Ukraine | 8.72 | 2023 | +3.69% | +3.96% | View data |
| 5 | 5 France | 8.06 | 2023 | -0.61% | -2.15% | View data |
| 6 | 6 Australia | 7.44 | 2023 | -1.88% | +0.76% | View data |
| 7 | 7 Argentina | 6.66 | 2023 | +3.03% | +2.81% | View data |
| 8 | 8 Romania | 3.53 | 2023 | +3.59% | +4.07% | View data |
| 9 | 9 Germany | 2.56 | 2023 | -4.72% | -1.65% | View data |
| 10 | 10 Bulgaria | 2.43 | 2023 | +3.38% | +3.51% | View data |
