Russian And Ukrainian Wheat Exports, Global Import-Export Trade Data

 Russia is the largest global wheat exporter, accounting for 18% of worldwide exports, whereas Ukraine is the world's fifth-largest wheat producer, accounting for 8% of world exports. The worldwide wheat supply may be harmed when Russia assaults Ukraine.

As importers look for alternatives, financial sanctions or military intervention might have a big impact on food prices. Let's look at the wheat markets in Russia and Ukraine, as well as the potential impact of Russia's complete invasion of Ukraine on world wheat supplies.

Following the disintegration of the Soviet Union, the Russian government abolished trade restrictions, allowing farmers to enter the global market and invest in agricultural technologies. Russia is now the world's leading wheat exporter, accounting for 18% of global wheat exports. Following Russia are the United States, Canada, and France.

Ukraine is the world's fifth-largest wheat exporter, accounting for 8% of global exports. Following Ukraine are Australia, Argentina, Germany, Kazakhstan, and Poland.

 

Country	Value in USD (%)
Poland	2%
Canada	14%
Russia	18%
Australia	8%
Germany	5%
Kajakshtan	3%
Argentina	5%
United States	14%
Ukraine	8%
France	10%

The Black Sea is an important geoeconomic zone for Russia and Ukraine since agricultural and industrial exports are strongly reliant on the ports. Odesa, Kherson, and Mykolaiv are important international commerce ports for Ukraine.

Wheat and grain movements might be disrupted if there is a conflict, as the Black Sea transports 95 percent of Ukraine's wheat exports in 2020. Importers may look for alternatives because food prices are already high owing to inflation.

Quarterly Wheat Exports from Russia

Russia's wheat exports increased in every quarter of 2020, reaching US$ 4,111 million in the final quarter. Following a drop in wheat exports from Russia in the first quarter of 2021, the value of wheat shipments leaving Russia began to rise in subsequent quarters.

The table below depicts the dollar value of wheat exports from Russia from Q1 2020 to Q4 2021.

Egypt, Turkey, and Bangladesh purchased more than half of Russia's wheat, according to our database. Egypt is the world's largest wheat importer. Wheat is imported from both Russia and Ukraine.

Egypt spends about $4 billion every year to feed its population of over 100 million people. Turkey also buys a lot of wheat from Russia and Ukraine.

Russia’s Top Ten Wheat Export Partners 2021

Based on Russia Customs Import-Export Trade Data and statistics, Sudan (4%), Turkey (21%), United Arab Emirates (2%), Pakistan (4%), Egypt (23%), Bangladesh (5%), Tanzania (2%), Yemen (2%), Azerbaijan (4%), and Nigeria (3%) were Russia’s top 10 wheat export partners in 2021.

 

Country	Value in USD ($)	Year
Bangladesh	$408 Million	2021
Egypt	$1,796 Million	2021
Turkey	$1,686 Million	2021
Yemen	$174 Million	2021
United Arab Emirates	$146 Million	2021
Tanzania	$154 Million	2021
Nigeria	$207 Million	2021
Pakistan	$277 Million	2021
Sudan	$282 Million	2021
Azerbaijan	$284 Million	2021

 Ukraine’s Top Ten Wheat Export Partners

As per Ukraine’s import-export trade data, Indonesia (15%), Morocco (6%), Philippines (3%), Bangladesh (8%), Egypt (17%), Yemen (4%), Pakistan (7%), Tunisia (5%), Lebanon (4%), and Turkey (6%) were Ukraine’s top 10 wheat export partners in 2021.

 

Country	Value in USD ($)	Year
Lebanon	$133 Million	2021
Philippines	$118 Million	2021
Egypt	$610 Million	2021
Pakistan	$258 Million	2021
Tunisia	$194 Million	2021
Morocco	$196 Million	2021
Indonesia	$543 Million	2021
Yemen	$144 Million	2021
Bangladesh	$294 Million	2021
Turkey	$208 Million	2021

Wheat is the world's second-most-produced grain, behind maize. It has been farmed by humans for ages and is used to make bread, pasta, and other packaged foods.

Other commodities, including edible oils, petroleum crude oil, metals, chemicals, and machinery, may potentially be harmed as a result of Russia's ongoing military campaign on Ukraine.

 

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Welcome To Exim Trade Data World’s Best Trade Data Company

 In order for you to run a successful business in import and export, you must have authentic and accurate data on import and export that includes all the important and essential information about companies and businesses. And that is exactly what we do at EXiM trade data.

EXiM trade data is one of the fastest leading and emerging import-export data trade services providers and market research companies in the globe.

EXiM trade data provides Systematic Import-Export trade data over 60+ countries all around the globe. We assist the companies to analyze and study the market and its trend to help companies make the right decision at the right time minimizing all the possible risks.

EXiM trade data is highly specialized and has a creative team that has the expertise of decades in the field of import-export trade data.

At EXiM, we use the latest techniques & technology to derive authentic and real-time import-export trade data and strategies.

At EXiM trade data we help you resolve all your import-export business operations and queries and bring you the most accurate and real-time systematic international import-export trade data statistics that assist you to enhance your ongoing import-export trade and business.

WHY EXiM TRADE DATA?

EXiM trade data help provide you with the most authentic, in-depth, and up-to-date

import-export trade data strategies that help you reduce the risk and maximize the profit in the import-export business.

export trade data, you can find new suppliers and buyers for your products and analyze the current market flow and trends in real-time.

EXiM trade data also helps the businesses and companies to know about the top importer and exporter and the strategies they use for their successful business.

At EXiM trade data you can analyze the ongoing demand of the countries and their people to make accurate plans and strategies to meet their requirements.

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We provide detailed and in-depth information that’s been tested by the team of our experts to make sure we offer you reliable facts and figures for your business.

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Omicron Effect On Smartphone Industry And Exports In India

 The breakout of Omicron, a new variant of the post-Covid-19 virus, will not have much of an effect on the electronics and smartphone industry and its sales, says the analysis reports of experts of fields.

The first case of this variant was reported from African countries due to which the exports of India might see a negative impact in its overall exports to these countries due to the Omicron virus breakout.

Barring public movement, the mobile industry of India won’t see much of a change in its overall sales value. Having said that, we as people of the nation need to stay watchful to counter any indefensible situations that may occur in the future.

The founder of Techarc and the chief of Techarc says that the supply chain of the smartphone industry will not face much of an effect of the Omicron virus. But it will certainly hit the sales on the consumer end if the supply chain gets affected by the Omicron virus which looks uncertain at the moment.

People across the globe prefer the Christmas and new year period for shopping and buying electronics, gadgets, and new phones. This is because during festive seasons sellers give attractive offers, eye-catching discounts, and thousands of options to choose from.

There are chances that the exports of India might get affected as India exports mobile accessories more than 12% to the African countries.

The smartphone industry of India greatly relies on exports as African countries offer a huge market to India.

Total Import And Export Value Of India 

❖ India imported goods worth $582.02 billion in 2017

❖ India imported goods worth $639.01 billion in 2018

❖ India imported goods worth $601.58 billion in 2019

❖ India imported goods worth $482.45 billion in 2020

Exports

❖ India exported goods worth $498.26 billion in 2017

❖ India exported goods worth $538.64 billion in 2018

❖ India exported goods worth $529.02 billion in 2019

❖ India exported goods worth $474.15 billion in 2020

Current Trade Statistics of India

➢ Trade Balance: $-23.27 million in Nov 2021

➢ Total Imports: $52.94 billion Nov 2021

➢ Total Exports: $30.04 billion Nov 2021

➢ Current Account: $6500 million

What are the products India exports the most?

Mineral Oils & Fuels $27.6 billion (10%), Precious Metals & Gems $24.5 billion (8.9%), Organic Chemicals $17.4 billion (6.3%), Pharmaceuticals $18.4 billion (6.7%), Electronics & Computers $18 billion (6.5%), Plastics & Articles of Plastics $6.6 billion (2.4%), Cereals $8.7 billion (3.1%), Electrical Machinery & Equipment $13.5 billion (4.9%), Steel & Iron $10.6 billion (3.9%), and Vehicles $13 billion (4.7%) were some of the top exported products of India according to India export data 2020.

What are the major trading partners of India?

The United States $49.3 billion (17.9%), United Arab Emirates $18 billion (6.5%), United Kingdom $7.77 billion (2.8%), China $19 billion (6.9%), Hong Kong $9.5 billion (3.5%), Bangladesh $7.91 billion (2.9%), Singapore $8.3 billion (3%), Vietnam $4.5 billion (1.6%), South Korea $4.52 billion (1.6%), Germany $7.7 billion (2.8%), Malaysia $6.2 billion (2.2%), Netherlands $6.3 billion (2.3%), Belgium $4.57 billion (1.7%), Saudi Arabia $6.2 billion (2.2%), Nepal $5.9 billion (2.1%) were the top trading partners of India during 2020 according to India exports and imports data 2020.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

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India Import-Export Shipment Data & Trade Statistics

 Import-export trade data that we provide on India contains all essential details related to Indian trade including all the strategies and statistics that are being used by big Indian merchants.

Some of the major fields that are covered in India import-export data are Products Descriptions, Mode of Transport, Importer & Exporter Name, Address of Importer & Exporter, Port Name, Date, Shipment & Consignment Details, Rates-Value-Unit & Quantity, Foreign Country, etc.

To ensure that the India Custom Export Data that we provide is 100% authentic, accurate & reliable, we source raw data from various legitimate authorized import-export custom departments such as Indian Customs Departments, Port Authorities, Government Bodies, Shipping & Logistics Companies, Trade Associations, and some other authoritative sources of links.

Total Import-Export Value of India According To India Import-Export Data 2020

Given below total import value of India is based on  India Import data yearwise:

● The total import value of India in 2017 was $582.02 billion, an increase of 21.21% from 2016.

● The total import value of India in 2018 was $639.01 billion, an increase of 9.79% from 2017.

● The total import value of India in 2019 was $601.58 billion, a decline of 5.86% from 2018.

● The total import value of India in 2020 was $482.45 billion, a decline of 19.8% from 2019.

Export

Given below total export value of India is based on  India Export data yearwise:

● The total export value of India in 2017 was $498.26 billion, an increase of 13.33% from  2016.

● The total export value of India in 2018 was $538.64 billion, an increase of 8.1% from 2017.

● The total export value of India in 2019 was $529.02 billion, a decline of 1.79% from 2018.

● The total export value of India in 2020 was $474.15 billion, a decline of 10.37% from 2019.

Trade Balance

● The trade balance of India for 2017 was $-83.76 billion, an increase of 106.68% from 2016.

● The trade balance of India for 2018 was $-100.38 billion, an increase of 19.84% from 2017.

● The trade balance of India for 2019 was $-72.57 billion, a decline of 27.71% from 2018.

● The trade balance of India for 2020 was $-8.31 billion, a decline of 88.55% from 2019.

What Are The Main Imports & Exports Of India 2020?

Imports

Mineral Oils & Fuels $104.4 billion (28.4%), Precious Metal & Gems $41 billion (11.2%), Electrical Machinery & Equipment $42.9 billion (11.7%), Organic Chemicals $18.2 billion (4.9%), Electronics & Computers $35.2 billion (9.6%), Fertilizers $7.2 billion (2%), Steel & Iron $7.6 billion (2.1%), Plastics & Articles of Plastics $12 billion (3.3%), Technical, Optical & Medical Apparatus $8.2 billion (2.2%), and Animal-Vegetable Oils, Fats & Waxes $10.6 billion (2.9).

Exports

Cereals $8.7 billion (3.1%), Steel & Iron $10.6 billion (3.9%), Plastics & Articles of Plastics $6.6 billion (2.4%), Electrical Machinery & Equipment $13.5 billion (4.9%), Pharmaceuticals $18.4 billion (6.7%), Machinery & Computers $18 billion (6.5%), Vehicles $13 billion (4.7%), Mineral Oils & Fuels $27.6 billion (10%), Organic Chemicals $17.4 billion (6.3%), and Precious Metals & Gems $24.5 billion (8.9%).

Mentioned above were the major imports and exports of India according to the India import-export data 2020.

The custom import-export trade data we provide help you evaluate the real-time overall trade activities of the various foreign countries across the globe.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.