Overview: This page contains the latest trade data of Wheat. In 2019, Wheat were the world's 85th most traded product, with a total trade of $44.1B. Between 2018 and 2019 the exports of Wheat decreased by -7.34%, from $47.6B to $44.1B. Trade in Wheat represent 0.24% of total world trade.
Exports: In 2019 the top exporters of Wheat were Russia ($8.14B), United States ($6.94B), Canada ($5.97B), France ($4.54B), and Ukraine ($3.11B).
Imports: In 2019 the top importers of Wheat were Egypt ($4.67B), Indonesia ($2.31B), Turkey ($2.15B), Italy ($1.69B), and Philippines ($1.63B).
Tariffs: In 2018 the average tariff for Wheat was 12%, making it the 312th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Wheat are Poland (54.1%), Turkmenistan (50%), Iran (50%), Israel (49.4%), and India (42.8%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Wheat ranks 644th in the Product Complexity Index (PCI).