In 2023, Russia remained the world leader in wheat export volume, with a 2% increase from the previous year. The United States and Canada followed, with slight fluctuations; Canada experienced a marginal decline. Ukraine and Argentina demonstrated notable growth, 3.11% and 6.38% respectively, emphasizing their increasing roles in global exports. Meanwhile, France and Germany saw declines, although still remaining key players. Among smaller exporters, countries like Bosnia and Herzegovina and Zimbabwe showed significant year-on-year growth, highlighting potential new areas of expansion.
Future trends to monitor are geopolitical tensions that may affect Russia, Ukraine, and other prominent exporters. Climate change impacts yield variability, thereby influencing global wheat supply and export patterns. Emerging markets could also join competitive exporters, reshaping traditional trade dynamics.
Top countries in Wheat Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 49,280 | 2023 | +3.41% | +2% | View data |
| 2 | 2 United States | 24,250 | 2023 | -0.63% | +0.27% | View data |
| 3 | 3 Canada | 23,380 | 2023 | -0.35% | -0.77% | View data |
| 4 | 4 Ukraine | 19,710 | 2023 | +2.32% | +3.11% | View data |
| 5 | 5 France | 18,580 | 2023 | -0.97% | -1.89% | View data |
| 6 | 6 Argentina | 17,030 | 2023 | +4.94% | +6.38% | View data |
| 7 | 7 Australia | 13,520 | 2023 | -2.27% | +1.22% | View data |
| 8 | 8 Kazakhstan | 9,580 | 2023 | +1.96% | +0.84% | View data |
| 9 | 9 Germany | 7,260 | 2023 | -5.16% | -2.85% | View data |
| 10 | 10 Romania | 6,420 | 2023 | +1.23% | +1.46% | View data |
