Indonesia remains the largest wheat importer globally with a significant year-on-year growth of 2.18% in 2023. Notable increases were also observed in Bangladesh (5.07%) and India, which witnessed an exceptional growth of 74.99%, though starting from a smaller volume base. Meanwhile, Egypt experienced a decline of 0.88%, with Morocco showing a more significant drop of 2.18%. Developed countries like Japan and the United States witnessed slight decreases in import volumes.
Looking ahead, global wheat import trends are likely to be influenced by geopolitical factors, climate changes affecting domestic harvests, and global trade policies. Increasing urbanization and population growth in developing regions may drive further demand, while technological and agricultural innovations might impact the volumes required from imports.
Top countries in Wheat Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 11,560 | 2023 | +1.83% | +2.18% | View data |
| 2 | 2 Egypt | 8,950 | 2023 | -1.49% | -0.88% | View data |
| 3 | 3 Algeria | 8,700 | 2023 | +0.74% | +0.63% | View data |
| 4 | 4 Philippines | 8,080 | 2023 | +3.57% | +2.88% | View data |
| 5 | 5 Italy | 8,000 | 2023 | -0.05% | -0.042% | View data |
| 6 | 6 Netherlands | 7,790 | 2023 | +1.65% | +1.31% | View data |
| 7 | 7 Brazil | 7,650 | 2023 | +1.12% | +0.75% | View data |
| 8 | 8 Spain | 7,450 | 2023 | +1.39% | +1.81% | View data |
| 9 | 9 Bangladesh | 6,200 | 2023 | +2.62% | +5.07% | View data |
| 10 | 10 Japan | 5,950 | 2023 | -0.067% | -0.094% | View data |
