globaltraffic.earth

Wheat: top exporters and importers (2024)

In 2024, world trade in wheat totaled $57.1 billion (195.5 million tonnes). The top exporters were Russia (16%), Canada (14%) and the United States (11%); the top importers were Egypt (9%), Indonesia (6%) and China (5%). Compared with 2019, the value rose 16%.

Summary

World trade
$57.1billion
Tonnes
195.5million tonnes
Price per tonne
$265
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Russia$9.2 billion · 16.1%
    see destinations
  2. Canada$7.8 billion · 13.7%
    see destinations
  3. United States$6.5 billion · 11.5%
    see destinations
  4. Australia$5.5 billion · 9.6%
    see destinations
  5. Ukraine$4.6 billion · 8.1%
    see destinations
  6. France$4.3 billion · 7.5%
    see destinations
  7. Romania$2.4 billion · 4.2%
    see destinations
  8. Argentina$2 billion · 3.6%
    see destinations
  9. Germany$1.8 billion · 3.2%
    see destinations
  10. Poland$1.6 billion · 2.9%
    see destinations
  11. Bulgaria$1.4 billion · 2.5%
  12. Lithuania$1.2 billion · 2.1%
  13. Kazakhstan$1.1 billion · 2%
  14. Czechia$955 million · 1.7%
  15. Hungary$830 million · 1.5%
  16. Latvia$805 million · 1.4%
  17. Brazil$640 million · 1.1%
  18. Turkey$590 million · 1%
  19. Serbia$330 million · 0.58%
  20. Slovakia$326 million · 0.57%

World supply

Russia went from 0.02% to 16.1% of world exports of wheat

In 2024, Russia accounted for 16.1% of recorded world exports and the three largest exporters together for 41.2%. HHI: 866 out of 10,000; equivalent to 12 exporters of the same size.

Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little

Trend in supply

Share of world exports of the largest exporter and of the three largest

Share (%)

  • Largest exporter each year 16.1%
  • Three largest 41.2%

Source: CEPII BACI

Show the numbers
Year19952024
Largest exporter each year31.8%16.1%
Three largest69.3%41.2%

Countries where Russia sells more than half of what they buy

Countries that buy more than half of this product from its largest exporter, with its share.

Top importers

  1. Egypt$5.2 billion · 9.1%
    see sources
  2. Indonesia$3.3 billion · 5.8%
    see sources
  3. China$2.7 billion · 4.8%
    see sources
  4. Italy$2.6 billion · 4.5%
    see sources
  5. Nigeria$2.1 billion · 3.7%
    see sources
  6. Philippines$1.8 billion · 3.2%
    see sources
  7. Algeria$1.8 billion · 3.1%
    see sources
  8. Spain$1.7 billion · 3%
    see sources
  9. Morocco$1.7 billion · 3%
    see sources
  10. Japan$1.7 billion · 2.9%
    see sources
  11. Brazil$1.6 billion · 2.8%
    see sources
  12. Germany$1.5 billion · 2.7%
    see sources
  13. Turkey$1.3 billion · 2.3%
  14. Mexico$1.3 billion · 2.3%
  15. Saudi Arabia$1.3 billion · 2.2%
  16. South Korea$1.2 billion · 2.2%
  17. Vietnam$1.1 billion · 2%
  18. Netherlands$1 billion · 1.8%
    re-exports
  19. Thailand$956 million · 1.7%
  20. Belgium$939 million · 1.7%
    re-exports

Trend

Who sells it

Russia has been the top exporter since 2023

Value in USD billions. The five largest exporters in 2024.

  • Russia 9.2
  • Canada 7.8
  • United States 6.5
  • Australia 5.5
  • Ukraine 4.6

Source: CEPII BACI

Show the numbers
Country19952024
Russia< 0.019.2
Canada4.17.8
United States6.16.5
Australia15.5
Ukraine0.014.6

Price

Implied price

The price per tonne rose 41% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $265

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$188
1996$212
1997$185
1998$162
1999$143
2000$156
2001$159
2002$134
2003$165
2004$191
2005$167
2006$175
2007$261
2008$354
2009$240
2010$247
2011$329
2012$309
2013$320
2014$307
2015$249
2016$212
2017$217
2018$235
2019$234
2020$242
2021$291
2022$373
2023$311
2024$265

What it includes

Includes meslin (a wheat and rye mix).

  • 1001 · Wheat

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

See all products