Lower grain yields will make Germany a net importer

Published 2024년 9월 12일

Tridge summary

During the period of July 2023 to June 2024, Germany experienced a modest export surplus of 1.00 million tons in grain, excluding flour and semolina, as per the Federal Statistical Office. Wheat was the primary export product, with a surplus of 1.38 million tons, followed by barley with a surplus of 2.86 million tons. However, the country faced a deficit in grain maize, with imports exceeding exports by 2.54 million tons. Flour and semolina trade also resulted in a surplus of nearly 1.1 million tons, largely due to the export of wheat flour and semolina.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Much smaller export surplus According to the online database of the Federal Statistical Office (Destatis), a total of 11.78 million tons of grains excluding flour and semolina were sold abroad from July 2023 to June 2024. During the same period, 10.77 million tons of wheat, maize, barley and other grains were imported, resulting in an export surplus of 1.00 million tons. Surpluses and deficits in foreign trade in grain The most frequently traded commodity is wheat, which is considered the most important grain in Germany. The export volume in question in the 2023/2024 season amounted to 7.42 million tons, while imports amounted to 6.04 million tons. The export surplus was even greater for barley, of which 3.49 million tonnes were exported and 1.63 million tonnes were purchased. Germany has a clear deficit in grain maize. In this case, exports of 404,000 tonnes were compared with imports of 2.94 million tonnes. Germany also recorded a significant surplus in foreign trade in flour ...
Source: Farmer.pl

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