Main Buyers
July-Nov campaign -Durum wheat included – MT
Forecast
2018/19 2019/20 2020/21 % Chg Difference Share of exports
World 9,594,350 8,652,444 11,577,294 34% 2,924,850 100%
1 China 656,624 301,497 1,254,414 316% 952,917 11%
2 Indonesia 1,006,592 889,231 1,004,973 13% 115,742 9%
3 Italy 261,306 501,001 931,454 86% 430,453 8%
4 Peru 657,563 492,286 900,879 83% 408,593 8%
5 Japan 599,316 840,419 805,801 -4% (34,618) 7%
6 United States 1,155,067 565,886 773,169 37% 207,283 7%
7 Bangladesh 399,833 437,034 696,342 59% 259,308 6%
8 Colombia 535,497 512,645 565,372 10% 52,727 5%
Canadian wheat exports are up 33 percent the first five months (July to November) of 2020/21, as countries such as China, Italy and Peru increased imports.
Strong demand for wheat drove up export prices globally, but a weak Canadian dollar (compared to USD) during the first five months of 2020/21, coupled with lower exports from Russia and Argentina, have given Canada a trade advantage.
Europe
Canada exported durum to Italy at a record-breaking pace in 2020/21 , driving exports to five times the 2019 level.
Thirty-nine ( 39 % ) percent of all Canadian durum exports were destined for Italy.
Africa
Morocco has increased its imports of Canadian durum wheat 33 percent in 2020/21 to 449,000 MT, representing 20 percent of Canada’s total durum exports.
Canada continues to be Morocco’s primary supplier of durum wheat.
Exports of Canadian wheat to Nigeria are growing at their fastest pace ever, reaching levels 38 percent higher than the previous year, as of November.
Nigerian mills blend high-quality CWRS wheat with wheat from countries such as Latvia and Lithuania.
Nigeria has become a priority market for Canada in recent years according to industry and government sources.
South and Southeast Asia
Exports to South Asia and Southeast Asia increased by 48 percent and 14 percent, respectively, in the first five months of the trade year.
Eighty percent of these exports were made up of Canadian Western Red Spring (CWRS).
Indonesia is the third largest importer of wheat in the world, and Canada has 25 percent of the market share.
Wheat exports to Bangladesh increased 60 percent to 696,000 MT 19/20 20/21 % chg 19/20 20/21 %chg.
The Philippines continues to be a stable but smaller buyer of Canadian wheat exports.
It is the fourth largest wheat buyer in the world and Canada typically maintains two to five percent market share.
