The analysis of global wheat import volume share by country for 2024 indicates that Indonesia leads with 5.08 thousand metric tons, followed by Egypt (3.93) and Algeria (3.82). Countries like India (0.81) demonstrated significant growth in the last two years. Notably, import volumes in Vietnam (2.44), Bangladesh (2.72), and Afghanistan (1.77) showed considerable increases. Some countries, such as the United States (2.6) and Saudi Arabia (0.51), observed slight declines. Emerging markets like Myanmar and Bolivia have exhibited growth trends, while traditional importers like Russia and Venezuela are experiencing reductions.
Future trends to watch for include the impact of geopolitical changes, climate influences on domestic wheat production, and shifting trade agreements which may shape import dynamics. An increase in demand from populous countries like India and Vietnam, coupled with policy changes in major wheat-exporting nations, could significantly alter global wheat trade patterns in the coming years.
Top countries in Wheat Import Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 5.08 | 2023 | +1.83% | +2.18% | View data |
| 2 | 2 Egypt | 3.93 | 2023 | -1.49% | -0.88% | View data |
| 3 | 3 Algeria | 3.82 | 2023 | +0.74% | +0.63% | View data |
| 4 | 4 Philippines | 3.55 | 2023 | +3.57% | +2.88% | View data |
| 5 | 5 Italy | 3.51 | 2023 | -0.05% | -0.042% | View data |
| 6 | 6 Netherlands | 3.42 | 2023 | +1.65% | +1.31% | View data |
| 7 | 7 Brazil | 3.36 | 2023 | +1.12% | +0.75% | View data |
| 8 | 8 Spain | 3.27 | 2023 | +1.39% | +1.81% | View data |
| 9 | 9 Bangladesh | 2.72 | 2023 | +2.62% | +5.07% | View data |
| 10 | 10 Japan | 2.62 | 2023 | -0.067% | -0.094% | View data |
