With supply from the Black Sea decreasing, India exports its wheat to the rest of the world! It exported a record 1.4 million tonnes of wheat in April, which is almost 6 times more than in April 2021 (242,857 tonnes). With a new harvest, shipments could increase even further. “In May, shipments can reach 1.5 million tons“, showing Reuters Reseller global trading company based in New Delhi. Stating that “LWheat supply and wagon availability have improved over the last few weeks and this should help deliver more grain in May.”
The decline in grain shipments from Ukraine and Russia, which account for about 29% of global wheat exports, has created opportunities for the world’s second-largest wheat producer. Egypt, a major wheat importer, is buying Indian wheat for the first time. Indonesia, Israel, Mozambique, Tanzania and Turkey are also new markets for New Delhi, traders said.
Overall, India exports wheat to South Asia, Southeast Asia, the Middle East, Europe and North Africa. In addition, the United Nations World Food Program has supplied Indian wheat to supply Djibouti, Kenya and Somalia.
