Biggest wheat exporters12/11/2023 The country's 2021-22 wheat harvest was at around 79.1 million mt as of Dec. Russia sold 38.5 million mt of wheat in 2020-21, according to data from the US Department of Agriculture. S&P Global Platts Analytics projected Russian 2021-22 wheat exports at 36.5 million mt. 13, Turkey was the largest buyer of Russian wheat, purchasing 4.6 million mt, followed by Egypt at 3.5 million mt and Kazakhstan at 1.7 million mt. Russia is the world's largest wheat exporter.Īs of Jan. 13, Russia exported 22.7 million mt, down 18% year on year, according to the Russian Federal Service for veterinary and Phytosanitary Surveillance data released on Jan. According to Carnegie Endowment for International Peace, a Washington-based think-tank focused on geopolitics, it would allow Russia to protect trade links with European markets as well as up the dependency of southern Europe on Russian oil and gas and act as a security buffer zone.Receive daily email alerts, subscriber notes & personalize your experience.īetween July 1 and Jan. The Black Sea is a key region for Moscow. With the price of food already high due to inflation, importers may seek to find alternatives. In the event of war, wheat and grain flows could be affected, as 95 percent of Ukraine’s wheat exports were transported via the Black Sea in 2020. The Black Sea is a key geo-economic region for Russia and Ukraine, who rely heavily on the ports for agricultural and industrial exports.įor Ukraine, Odesa, Kherson and Mykolaiv are key ports for international trade flows. Russia remains one of Ukraine’s biggest trade partners. Russia’s bilateral trade with Ukraine has tanked from its peak of almost $50bn in 2011 to $11bn in 2019. While Russia is the world’s biggest exporter of wheat, among other products, Ukraine is the biggest exporter of seed oils. Russia exported $407bn in products and Ukraine $49bn in 2019. In 1932, the Holodomor or Great Famine, which saw millions of Ukrainians die of starvation, was the result of deadly political decisions by Joseph Stalin to collectivise agriculture and confiscate farmers’ land. Wheat is linked to a painful history in Ukraine. It is also home to a quarter of the world’s ‘black soil’, or chernozem, which is highly fertile. ![]() Ukraine is the fifth largest exporter of wheat, accounting for seven percent of sales globally in 2019.Ĭonsidered the breadbasket of Europe, 71 percent of Ukraine’s land is agricultural. Ukraine: World’s fifth-largest wheat exporter Today, Russia ships more than 18 percent of the world’s supply, followed by the US (16 percent), Canada (14 percent), France (10 percent) and Ukraine (seven percent). The creation of ports and the devaluation of the rouble have also contributed to Russia gaining the lion’s share on wheat sales. That increased to its highest of 26.4 percent in 2018.įollowing the collapse of the USSR, the government removed barriers to business allowing farmers to penetrate the global market as well as to invest in agricultural technology. In 2001, it accounted for just one percent of wheat exports worldwide. Now, Russia has become the largest exporter of wheat worldwide. In 1985, the USSR imported a mammoth 55 million metric tonnes of wheat. In the early 1980s, corn and wheat accounted for two-thirds of US exports to the USSR. Egypt bought 3.2 million metric tonnes from Russia over the same period. In the crop year of 2021-22, Turkey was the largest buyer of Russian wheat, purchasing 4.5 million metric tonnes as of December 30, 2021. Turkey is also a big spender on Russian and Ukrainian wheat with 74 percent of its imports worth $1.6bn coming from those two countries in 2019. It spends more than $4bn annually to feed its population of over 100 million.Ĭombined, Russia and Ukraine cover more than 70 percent of Egypt’s imported wheat demand. In 2019, Egypt, Turkey and Bangladesh bought more than half of Russia’s wheat.Įgypt is the world’s biggest importer of wheat. Economic sanctions or military action could have a significant effect on the cost of food as importers seek to find alternatives. ![]() In the event of outright aggression, the flow of wheat and grain could be disrupted. ![]() Russia has denied that and opposes NATO bases near its borders. In recent months, the United States and its allies have warned that Russia – which has 100,000 soldiers massed on the border with Ukraine – could invade at any moment. For centuries, it has been cultivated by humans and is essential for making bread, pasta and other food staples. Wheat is the second most-produced grain in the world after corn. Keep reading list of 4 items list 1 of 4 Israel’s attacks on Gaza: The weapons and mapping the scale of destruction list 2 of 4 More than a month without water, food, healthcare in Gaza amid Israel war list 3 of 4 Is Israel’s Gaza war the deadliest conflict for children in modern times? list 4 of 4 Know their names: Palestinians killed in Israeli attacks on Gaza end of list
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