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Overview This page contains the latest trade data of Wheat. In 2021, Wheat were the world's 71st most traded product, with a total trade of $61.8B. Between 2020 and 2021 the exports of Wheat grew by 19.3%, from $51.8B to $61.8B. Trade in Wheat represent 0.29% of total world trade.

Wheat are a part of Cereals. They include Wheat except durum wheat, and meslin and Durum wheat.

Exports In 2021 the top exporters of Wheat  were Russia ($8.92B), United States ($7.83B), Australia ($7.36B), Canada ($6.91B), and Ukraine ($5.87B).

Imports In 2021 the top importers of Wheat were Egypt ($4.53B), Nigeria ($3.32B), Indonesia ($2.98B), China ($2.94B), and Turkey ($2.49B).

Ranking Wheat ranks 686th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Wheat. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Russia$8.92B
Top Destination (2021)Egypt$4.53B

In 2021 Wheat were the world's 71st most traded product (out of 1,217).

In 2021, the top exporters of Wheat were Russia ($8.92B), United States ($7.83B), Australia ($7.36B), Canada ($6.91B), and Ukraine ($5.87B).

In 2021, the top importers of Wheat were Egypt ($4.53B), Nigeria ($3.32B), Indonesia ($2.98B), China ($2.94B), and Turkey ($2.49B).

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Exporters of Wheat (2021)
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Importers of Wheat (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Australia$4.68B
Top Destination Growth (2020 -  2021)Nigeria$1.17B

Between 2020 and 2021, the exports of Wheat grew the fastest in Australia ($4.68B), India ($1.48B), Ukraine ($1.26B), Romania ($1.17B), and Bulgaria ($736M).

Between 2020 and 2021, the fastest growing importers of Wheat were Nigeria ($1.17B), Indonesia ($904M), Bangladesh ($635M), Ethiopia ($608M), and Saudi Arabia ($570M).

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Exporters of Wheat (2020 - 2021)

Importers of Wheat (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wheat.

In 2021, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Wheat are explained by 16 countries.

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Value of Exports in Wheat

Net Trade

TOP NET EXPORTER (2021)Russia$8.85B
TOP NET IMPORTER (2021)Egypt$4.53B

This map shows which countries export or import more of Wheat. Each country is colored based on the difference in exports and imports of Wheat during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Wheat were Russia ($8.85B), United States ($7.43B), Australia ($7.36B), Canada ($6.85B), and Ukraine ($5.86B).

In 2021, the countries that had a largest trade value in imports than in exports of Wheat were Egypt ($4.53B), Nigeria ($3.32B), Indonesia ($2.98B), China ($2.94B), and Turkey ($2.4B).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Wheat, disaggragated by their HS6 level were Wheat except durum wheat, and meslin ($52.1B) and Durum wheat ($9.77B)

HS6 Disaggregation for Wheat (2021)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Wheat.
It is possible to select the main countries that export or import Wheat in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wheat by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2021)

Country by Relatedness

The following visualization shows the relatedness of Wheat to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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