Which Country Exports the Most Buckwheat in the World?

Cereals February 01, 2018
Author: Anna Sergeeva
Market Analyst

Global buckwheat exports amounted to 167 thousand tonnes in 2015, moving up by +2.4% against the previous year level. Overall, the global buckwheat exports indicated a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total export volume increased at an average annual rate of +2.8% over the last eight years.

The growth pace was the most rapid in 2013, when the output figure increased by +21% from the previous year level. Over the period under review, the global buckwheat exports reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.

In value terms, global exports amounted to $101 million in 2015. Overall, the value of global exports increased tangibly from 2007 to 2015, expanding at an average annual rate of +8.9%. This trend pattern, however, indicated relatively mild fluctuations throughout the analyzed period.

Top Buckwheat Exporting Countries in the World

1. Russia (37K Tonnes)

2. China (30K Tonnes)

3. Lithuania (22K Tonnes)

4. USA (22K Tonnes)

5. Poland (12K Tonnes)

6. Latvia (8K Tonnes)

7. Spain (7K Tonnes)

Buckwheat Imports By Country

The countries with the highest levels of the buckwheat exports in 2015 were Russia (37 thousand tonnes), China (30 thousand tonnes), Lithuania (22 thousand tonnes), together accounting for 53% of total exports.

From 2007 to 2015, the most notable growth rates of buckwheat exports among the main exporting countries was attained by Lithuania (+42.7% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China (24 million USD), Russia (16 million USD) and the United States (16 million USD) were the countries with the highest levels of exports in 2015, together accounting for 56% of total exports.

Lithuania (+44.7% per year) had the highest growth rates of buckwheat exports among the main exporting countries over the last eight years, while the other global leaders experienced more modest paces of growth.

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Source: World: Buckwheat - Market Report. Analysis And Forecast To 2025