In 2023, Russia led global wheat and meslin exports with the highest value. Ukraine and Romania showed significant positive growth, while traditional exporters like Canada and the United States faced declines. Emerging markets like Zimbabwe and Peru experienced remarkable percentage increases, albeit from smaller bases. European countries like France and Germany saw nominal changes but retained their positions.
Looking forward, key trends to watch include:
- Continued recovery and potential growth in Ukraine, subject to geopolitical stability.
- The impact of climate change on crop yields, affecting supply dynamics.
- Potential market shifts due to emerging exporters gaining momentum, affecting traditional leaders' market share.
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 | 21.66 | 2023 | +4.44% | +2.97% | View data |
| 2 | 2 Canada | 12.43 | 2023 | +0.67% | -0.39% | View data |
| 3 | 3 United States | 11.04 | 2023 | -2.24% | -1.82% | View data |
| 4 | 4 France | 8.18 | 2023 | -0.68% | -2.2% | View data |
| 5 | 5 Ukraine | 8.09 | 2023 | +3.69% | +3.95% | View data |
| 6 | 6 Australia | 7.02 | 2023 | -1.85% | +0.83% | View data |
| 7 | 7 Argentina | 6.16 | 2023 | +3.01% | +2.81% | View data |
| 8 | 8 Romania | 3.31 | 2023 | +3.58% | +4.04% | View data |
| 9 | 9 Germany | 2.38 | 2023 | -4.72% | -1.64% | View data |
| 10 | 10 Bulgaria | 2.26 | 2023 | +3.25% | +3.33% | View data |
