Overview This page contains the latest trade data of Wheat. In 2020, Wheat were the world's 64th most traded product, with a total trade of $51.4B. Between 2019 and 2020 the exports of Wheat grew by 10.9%, from $46.4B to $51.4B. Trade in Wheat represent 0.31% of total world trade.
Wheat are a part of Cereals. They include Wheat except durum wheat, and meslin and Durum wheat.
Exports In 2020 the top exporters of Wheat were Russia ($10.1B), Canada ($7.13B), United States ($7.04B), France ($4.76B), and Ukraine ($4.61B).
Imports In 2020 the top importers of Wheat were Egypt ($5.2B), China ($3.47B), Turkey ($2.44B), Nigeria ($2.15B), and Indonesia ($2.08B).
Tariffs In 2018 the average tariff for Wheat was 11.6%, making it the 322nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Wheat are Norway (82.8%), Japan (82.2%), Poland (54.1%), Turkmenistan (50%), and Iran (50%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).
Ranking Wheat ranks 704th in the Product Complexity Index (PCI).