Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

10 Countries that Export the Most Wheat in the World

Page 1 of 11

These 10 countries that export the most wheat in the world shipped almost 82 percent of the total crop exports in 2015. Wheat, which is second-most produced grain in the world, has been grown since 9600 BC. Although it has been one of the staple foods for centuries, recent discoveries about the effects of gluten on overall health have led many people, especially in western countries, to replace wheat flour with gluten-free alternatives. The number of those who are switching to a food without gluten is rising every day, but it is very unlikely that it will have any serious effect on global wheat production in the near future.

 Countries that Export the Most Wheat in the World

Subbotina Anna/Shutterstock.com

According to United States Department of Agriculture (USDA) record quantities of wheat were produced in the season 2015/16. The total crop’s output of 734.1 million tons represents an increase of some 7 million tons.  Since 2013/14 global crop’s yield has outpaced consumption, which is a trend that will continue in the future. Although projections for the following season show that production of wheat will decline to 727 million tons, the gap between production and consumption won’t be erased.  Global consumption of wheat as food, which is driven by population growth and higher purchasing power in Sub-Saharan Africa and Southeast Asia, will increase by 0.5 percent. However, usage of the crop as animal feed will go down by 2.3 percent, which is also one of the reasons that create disproportion between produced and consumed wheat.

USDA estimates that among top producing countries Argentina, Australia, Canada, and Russia will see the rise in the output, while the EU, Kazakhstan, Ukraine, and the United States will yield less wheat compared to 2015/16. The same organization forecasts that wheat ending stocks for 2016/17 will reach a record of 257 million tons, mainly because of rapidly growing stocks in China which constitute almost half of global stocks. In regards to import, Morocco, which was hit by droughts, will record the highest demand for the grain, while Iran will buy 1.8 million tons less.

In order to determine which are 10 countries that export the most wheat in the world we used two sources – USDA’s report which provides information on exported quantities in 2015 and World’s Top Export (WTE) data about wheat shipment values in 2015. Unlike our previous article on 10 countries that export the most uranium in the world, where we ranked countries by exported quantities, this list is based on shipments values. WTE estimates that the value of global wheat export in 2015 was $83 billion, which represents 19.7 percent decline compared to the previous season. European countries, which earned the most from the grain shipments, exported a $18.6 billion wheat while Poland and Kazakhstan recorded the growth which exceeded 100 percent.

Page 1 of 11

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!