Russia's share in the world wheat market in the 2023/24 agricultural year increased to 28%, a preliminary report by Russian agriculture logistics company Rusagrotrans indicates.
Russia exported 55.4 million tonnes of wheat, which accounted for about 28% (compared to 25% in the previous year) of the total world trade volume of 200 million tonnes, according to the analysis.
According to the report, the top three buyers of Russian wheat are:
Egypt, which bought nearly 8.6 million tonnes of wheat this year;
Turkey (7 million tonnes);
Bangladesh (3.8 million tonnes).