Wheat has long held its place as a cornerstone commodity in global agricultural trade. In 2023, international trade in wheat reached USD 65.8 billion, making it one of the most commercially significant food grains worldwide. Its continued centrality in trade for wheat importers and sellers is not incidental. Rather, it is the result of a unique combination of production scalability, broad applicability across food systems, and long-standing integration into global policy and logistics frameworks.

Wheat is one of the most traded farm produce in the world and is the pillar of food systems in both developed and developing countries. The entire global wheat trade was $65.8B USD in 2023 based on figures from OEC. The amount is representative of the enormous size of the global market and huge export and import opportunities.

Wheat is an important staple crop of the world. It is the most consumed crop, and its global trade is worth billions of dollars.