Canada Set to Retain Position as World’s Third-Largest Wheat Exporter
Increased production in the prairie provinces bolsters Canada's wheat exports, outpacing Australia and trailing only Russia and the EU.
- Canada is projected to maintain its rank as the third-largest wheat exporter for the 2024-25 crop year, following Russia and the European Union.
- The country's wheat production has increased by 1.8% year-over-year, with improved yields in Western Canada mitigating previous drought impacts.
- Canada exported approximately 21.8 megatonnes of wheat to 65 countries in 2023-24, with major markets including China, Indonesia, and the United States.
- Global wheat demand is rising, with significant growth in North America, the Middle East, and Southeast Asia, supporting Canada's export expansion.
- Research and development in crop genetics have helped Canadian farmers improve wheat yields despite challenging weather conditions.