According to data from the Food and Agriculture Organization of the United Nations (FAO), in 2024 Ukraine ranked 9th in the world in wheat production, producing about 23.4 million tons of grain. This information is presented in a new study by Experts Club, based on FAOSTAT statistics and the video “Wheat Production by Country (1991–2024)”.
The top three wheat producers remain traditionally stable:
China — 136 million tons,
India — 113.9 million tons,
Russia — 81.6 million tons.
These three countries account for nearly half of global wheat production and play a crucial role in the world’s agricultural system.
They are followed by:
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 producers are opened by Turkey (19 million tons) and Kazakhstan (18.6 million tons), with Italy (6.9 million tons) closing the list.
The Experts Club video analysis demonstrates 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 consistent government support for the agricultural sector.
Russia and Ukraine, after a sharp decline in the 1990s, made a remarkable recovery: in the early 1990s, Ukraine produced around 15 million tons, while by 2024 the volume had increased to 23–24 million tons — despite war-related risks and export restrictions.
Kazakhstan, traditionally focused on exports, has maintained its position, supplying grain to Central Asia and parts of China.
Despite military actions and damage to part of its infrastructure, Ukraine remains one of the world’s leading wheat exporters. The main factors behind this are high yields in southern and central regions, improved logistics through Danube ports, and export routes via Romania and Bulgaria.
According to FAO, in 2024 Ukraine exported about 17 million tons of wheat, keeping the country among the three largest global grain suppliers, along with Russia and the United States.
Experts from Experts Club note that growth in production across Asia and CIS countries compensates for declining yields in Europe and North America, which are affected by droughts and climate change. At the same time, Turkey, Iran, and Egypt are strengthening their roles as regional centers of processing and import.
Global markets expect wheat prices to stabilize within the range of 230–250 USD per ton, provided there are no new geopolitical shocks.
“Ukraine’s position in the TOP-10 global wheat producers is a testament to the resilience of its agricultural sector, even during wartime. With the expansion of domestic processing, Ukraine can reach 25–27 million tons of production in the coming years and strengthen its place among the world’s top five exporters.
At the same time, the grain market is becoming increasingly technology-driven: digitalization of agribusiness, precision farming, and climate-resilient wheat varieties will determine leadership in the next decade,” said Maksym Urakin, co-founder of the analytical center Experts Club.
Ukraine remains one of the few countries where the agricultural sector accounts for about 40% of foreign currency earnings. In 2024, wheat ranked second in export volume after corn, and revenues from grain sales exceeded 6 billion USD.
According to Experts Club forecasts, if the pace of infrastructure recovery continues and weather conditions remain favorable, Ukraine’s wheat production may reach 25 million tons in 2025, and exports could exceed 18 million tons.
The study was prepared by the analytical center Experts Club based on data from FAOSTAT, USDA, and IGC.
The video analysis “Wheat Production by Country 1991–2024” is available on the Experts Club Ukraine YouTube channel.
AGRICULTURE, EXPERTS CLUB, EXPORT, FAO, GLOBAL PRODUCTION, UKRAINE, WHEAT
