According to data from the Food and Agriculture Organization of the United Nations (FAO), Ukraine ranked 9th in the world in wheat production in 2024, producing about 23.4 million tons of grain.

These data are presented in a new study by Experts Club based on FAOSTAT statistics and the video “Wheat Production by Country (1991-2024)”, reports SEEDS.

The top three largest producers remain stable:

• China – 136 million tons,

• India – 113.9 million tons,

• Russia – 81.6 million tons.

These three countries account for almost half of global wheat production, playing an important role in the global agricultural system.

Next are:

• United States – 53.6 million tons,

• France – 35.9 million tons,

• Canada – 35.9 million tons,

• Australia – 34.1 million tons,

• Pakistan – 31.4 million tons,

• Ukraine – 23.4 million tons,

• Germany – 21.5 million tons.

The second ten are opened by Turkey (19 million tons) and Kazakhstan (18.6 million tons), and closed by Italy (6.9 million tons).

Video analysis by Experts Club shows significant structural changes in global wheat production over the past three decades. The video covers the period from 1991 to 2024. During this time, China and India have almost doubled their production thanks to increased yields and stable government support for the agricultural sector.

Russia and Ukraine, after a deep decline in the 1990s, have made a noticeable leap forward: while Ukraine produced about 15 million tons in the early 1990s, by 2024 the volume had grown to 23-24 million tons, despite military risks and export restrictions. Kazakhstan, traditionally export-oriented, has steadily maintained its position, supplying grain to Central Asia and part of China.

Despite the war and the destruction of part of its infrastructure, Ukraine retains its status as one of the world’s largest wheat exporters. The main factors behind this are high yields in the southern and central regions, improved logistics in the Danube ports, and export routes through Romania and Bulgaria.

According to the FAO, Ukrainian wheat exports amounted to about 17 million tons in 2024, allowing the country to remain among the three largest grain suppliers in the world, alongside Russia and the United States.

Experts Club experts note that production growth in Asia and the CIS countries is offsetting the decline in yields in Europe and North America caused by droughts and climate change. At the same time, Turkey, Iran, and Egypt are playing an increasingly important role as regional processing and import centers.

Global markets expect wheat prices to stabilize in the range of $230-250 per ton, provided there are no new geopolitical shocks.

“Ukraine’s position in the top 10 global wheat producers is an indicator of the stability of the agricultural sector even in times of war. With the development of domestic processing, Ukraine is capable of reaching 25-27 million tons of production in the coming years and strengthening its position among the world’s top five exporters. The grain market is becoming increasingly technological: the digitalization of agribusiness, precision farming, and climate-resistant wheat varieties will determine leadership in the next decade,” said Maksim Urakin, co-founder of the Experts Club analytical center.

Ukraine remains one of the few countries where the agricultural sector accounts for about 40% of foreign exchange earnings. In 2024, wheat ranked second in terms of export volume after corn, and revenues from grain sales exceeded $6 billion.

According to Experts Club forecasts, provided that the pace of infrastructure recovery and favorable weather conditions continue, wheat production in Ukraine could reach 25 million tons in 2025, with exports exceeding 18 million tons.

Source: https://agro-business.com.ua

Experts Club Wheat Уракін

Last modified: October 21, 2025