Wheat exports remain low in the EU

Published 2023년 8월 17일

Tridge summary

EU countries have exported 11% less soft wheat in the current season compared to the previous season, with Romania being the largest exporter followed by Poland, Bulgaria, and France. Morocco, Algeria, South Korea, Nigeria, and South Africa are the main markets for European wheat. However, there has been an increase in the rate of wheat imports by EU countries, particularly Estonia and Italy, with a growth of 88% compared to the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the European Commission, as of August 13, since the beginning of 2023/24 MY, EU countries have exported 3.72 million tons of soft wheat, which is 11% less than the result of the corresponding period of the previous season (4.18 million tons). At the same time, Romania shipped the largest volumes of grain to foreign markets - 1.04 million tons, Poland - 733.58 thousand tons, Bulgaria - 685.24 thousand tons and France - 682.03 thousand tons. The key markets for European wheat are now Morocco - 834.15 thousand tons (or 22.4% of the total supply), Algeria - 456.72 thousand tons, South Korea - 286.22 thousand tons, Nigeria - 283, 34 thousand tons and South Africa - ...

Source: Zol