Wheat
U.S. Wheat Exports in 2023
Total Export Value
$6.08 Billion
Total Volume (Millions)
17.83 Metric Tons
3-Year Average
$7.21 Billion
Compound Average Growth
-2.33% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| Mexico | $1.08 Billion |
| Philippines | $749.63 Million |
| Japan | $691.6 Million |
| South Korea | $406.55 Million |
| China | $390.02 Million |
| Taiwan | $364.92 Million |
| Thailand | $236.49 Million |
| Nigeria | $146.78 Million |
| Vietnam | $145.32 Million |
| Algeria | $137.5 Million |
Data and Analysis
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Market share of U.S. corn in South Korea is expected to remain strong in MY 2024/25 after rebounding to 20 percent in MY 2023/24. Domestic rice production continues its slow decline as the government incentivizes farmers to switch to planting alternate crops.
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 131,000 MT of soybeans for delivery to China and 120,000 MT of soft red winter wheat for delivery to Mexico.
USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.