Kazakhstan wheat exports to the EU in five-year peak

09 November 20171 min reading

Kazakhstan, one of the leading exporter of grain, increased its wheat shipping to foreign markets in the 2016/17 season. Kazakhstan exported 281 KMT of wheat to the EU, that is the largest volume since the record 2011/12 season. kazakistan

Kazakhstan exported 7.9 MMT of grains to foreign markets in the 2016/17 season, up 5.3% from the previous season, UkrAgroConsult reported. Wheat accounted for 47.5% of last year’s exports (3.76 MMT). More wheat was shipped from Kazakhstan to almost all of its end markets, including neighboring countries Uzbekistan, Afghanistan, and Tajikistan. But export to the European Union increased much more. “Kazakhstan exported 281 KMT of wheat to the EU in MY 2016/17 that is the largest volume since the record 2011/12 season. Kazakhstan exported more than 8 MMT of wheat in the 2011/12 season, including 555 KMT supplied to the EU market,” stated UkrAgroConsult. Kazakhstan also shipped 261.5 KMT of wheat to China in MY 2016/17, or 8% less than a year ago.

The new grain season 2017/18 started in Kazakhstan in September. Kiev-based market analyzing company does not expect any substantial decline in Kazakhstan’s grain export potential. Most likely wheat exports will also decline by 3-5%, because of crop production decrease.

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