Summary
- World trade
- $57.1billion
- Tonnes
- 195.5million tonnes
- Price per tonne
- $265
Top exporters
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
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 31.8% | 16.1% |
| Three largest | 69.3% | 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.
- Egypt: 59.1% of its purchases · Dependence of Egypt on Russia
- Turkey: 85.7% of its purchases · Dependence of Turkey on Russia
- Kenya: 80.6% of its purchases
- Kazakhstan: 99.6% of its purchases · Dependence of Kazakhstan on Russia
- Pakistan: 67.3% of its purchases
- Tanzania: 65.5% of its purchases
- Azerbaijan: 88.7% of its purchases · Dependence of Azerbaijan on Russia
- Sri Lanka: 64.6% of its purchases
- Uganda: 85% of its purchases
- Mozambique: 52.1% of its purchases
Top importers
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
| Country | 1995 | 2024 |
|---|---|---|
| Russia | < 0.01 | 9.2 |
| Canada | 4.1 | 7.8 |
| United States | 6.1 | 6.5 |
| Australia | 1 | 5.5 |
| Ukraine | 0.01 | 4.6 |
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
| Year | USD 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
Products in the same chapter
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
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.