10 Countries that Export the Most Wheat in the World

5. Russia

Exported value: $3.9 billion

In 2014/15, Russia exported 22,8 million tons of wheat, and it was the third largest wheat exporter in terms of quantity. However, according to the USDA, the country will become the wheat leading exporter with shipment reaching 24.5 million tons this year. As strong currency in Western hemisphere makes US grain more pricey at the international market, buyers are turning to Russia whose weak ruble makes the commodity more competitive. USDA expects that Russia shipments will increase by 3 percent as a result of the rise in export to African countries. Moreover, Russia started to export grain to Iran again last year, selling 1.3 million tons annually.