That dollar amount results from a 6.7% increase in international wheat sales since 2020 when global wheat exports were valued at $44.9 billion.
From 2023 to 2024, the value of globally exported wheat declined by -22.4% compared to $61.8 billion one year earlier.
The 5 biggest wheat exporters (Canada, United States of America, Australia, Russia and Ukraine) provided over half (58.1%) of the overall value of international shipments for the nourishing cereal food.
From a continental perspective, countries located in Europe furnished nearly half of worldwide wheat exports during 2024 with shipments amounting to $23.8 billion or 49.6% of total global sales.
Home to two leading wheat-shipping neighbors (Canada and the United States), North American exporters supplied another 28.3% worth of wheat sold on international markets.
Oceania (mostly Australia and New Zealand) was responsible for 11.8% of wheat exports by value, ahead of sellers in Latin America (6.4%) excluding Mexico but including the Caribbean.
Smaller percentages came from exporters in Asia (3.6%) and (Africa (0.4%).
For research purposes, the 4-digit Harmonized Tariff System code prefix is 1001 for wheat and meslin.
Top 15 Wheat Exporters by Country
Below are the 15 countries that exported the highest dollar value worth of wheat during 2024.
- Canada: US$7.6 billion (15.8% of total wheat exports)
- United States: $6 billion (12.5%)
- Australia: $5.6 billion (11.8%)
- Russia: $4.9 billion (10.3%)
- Ukraine: $3.74 billion (7.8%)
- France: $3.72 billion (7.8%)
- Argentina: $1.9 billion (4.1%)
- Romania: $1.8 billion (3.7%)
- Germany: $1.7 billion (3.5%)
- Poland: $1.23 billion (2.6%)
- Bulgaria: $1.2 billion (2.4%)
- Kazakhstan: $1.1 billion (2.3%)
- Hungary: $963 million (2%)
- Lithuania: $877.3 million (1.8%)
- Czech Republic: $704.7 million (1.5%)
By value, the listed 15 countries shipped 89.8% of globally exported wheat in 2024.
Among the top exporters, the growth wheat suppliers were: Argentina (up 123.6% from 2023), Ukraine (up 27.1%), and Hungary (up 16.4%).
Those countries that posted declines in their exported wheat sales were led by: Russia (down -58.3% from 2023), Australia (down -39.5%), Kazakhstan (down -39.4%), Poland (down -37.5%) and Bulgaria (down -31.4%).
To research other trends for global wheat exports by country, please see the section below.
Searchable List of Wheat Exporting Countries in 2024
The following database of 102 exporters shipped 100% of worldwide exported wheat during 2024.
You can change the presentation order by clicking the triangle icon at the top of any of the above columns.
The right-most column highlights the percentage change in the value of exported wheat in 2024 compared to 2023. (An entry of 0% under that column includes suppliers for which 2023 data was unavailable.)
Countries Generating Highest Trade Surpluses from the Global Wheat Trade
The following countries posted the highest positive net exports for wheat during 2024. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s wheat exports and its import purchases for that same commodity.
- Canada: US$7.5 billion (net export surplus down -14.7% since 2023)
- Australia: $5.6 billion (down -39.5%)
- United States of America: $5.2 billion (down -1%)
- Russia: $4.9 billion (down -58.3%)
- Ukraine: $3.7 billion (up 27.3%)
- France: $3.6 billion (down -6.7%)
- Argentina: $1.9 billion (up 123.6%)
- Romania: $1.6 billion (down -22.4%)
- Bulgaria: $1.13 billion (down -32.1%)
- Poland: $1.09 billion (down -37.9%)
- Hungary: $920.2 million (up 20.8%)
- Lithuania: $854.9 million (down -9.4%)
- Kazakhstan: $740.5 million (down -50.5%)
- Czech Republic: $674.4 million (down -5.1%)
- Latvia: $492.7 million (up 10%)
Canada, Australia and the United States garnered the highest surpluses in the international trade of wheat for 2024. The positive trade balances for wheat confirms these top suppliers’ valuable competitive advantages for this important food product.
Countries Posting Greatest Trade Deficits from the Global Wheat Trade
The following countries posted the highest negative net exports for wheat during 2024. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s wheat import purchases and its exports for that same commodity.
- Indonesia: -US$3.6 billion (net export deficit down -3.3% since 2023)
- mainland China: -$3.5 billion (down -19%)
- Italy: -$2.7 billion (down -11.9%)
- Philippines: -$2 billion (up 2%)
- Algeria: -$1.77 billion (down -6%)
- Spain: -$1.71 billion (down -38.7%)
- Japan: -$1.7 billion (down -12.3%)
- South Korea: -$1.4 billion (down -16.3%)
- Morocco: -$1.3 billion (down -31.7%)
- Nigeria: -$1.28 billion (down -37%)
- Mexico: -$1.22 billion (down -11.9%)
- Thailand: -$1.16 billion (down -12.8%)
- Vietnam: -$1.14 billion (down -25.8%)
- Brazil: -$1 billion (up 81.4%)
- Netherlands: -$995 million (down -5%)
Highly populated Indonesia and mainland China incurred the highest deficits in the international trade of wheat. In turn, this negative cashflow highlights the countries’ severe competitive disadvantages for this specific product category but also signals opportunities for wheat-supplying countries that help satisfy the powerful demand among each country’s consumers.
Major Wheat-Exporting Companies
Below are bulk wheat-supplying conglomerates that dominate the worldwide grain trade (73% of the global market in 2003, according to OXFAM researchers). Shown within parenthesis is the country where the company is headquartered.
- Cargill (United States)
- Archer Daniels Midland (United States)
- Bunge (United States)
- Louis Dreyfus (France)
According to global trading platform Alibaba, the following companies are also examples of wheat-trading companies located in the country shown within parentheses.
- Tropolis (Canada)
- Pentarch (Australia)
- FENIL (Russia)
- SB Import & Export (Germany)
- Agro Resources International LLC (Ukraine)
- NUPUR International (India)
- Zaharni Zavodi – AD (Bulgaria)
Related Read: Average Wheat Prices Compared for Biggest Wheat Export Countries
See also Average Wheat Prices Compared for Biggest Wheat Export Countries, Wheat Imports by Country, America’s Top Trading Partners, Corn Exports by Country and Barley Exports by Country
Research Sources:
Alibaba, Supplier information for wheat. Accessed on May 14, 2025
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on May 14, 2025
International Trade Centre, Trade Map. Accessed on May 14, 2025
Investopedia, Net Exports Definition. Accessed on May 14, 2025
OXFAM Research Reports (August 2020) pp 9-10, Cereal Secrets. Accessed on May 14, 2025