Markets

Australia exports 3.3Mt wheat in May, up 9pc

Liz Wells, July 10, 2023

A cargo of wheat loads at CBH’s Kwinana terminal. Photo: CBH Group

AUSTRALIA exported 3,326,244 tonnes of wheat and durum in May, up 9 percent from the 3,046,128t shipped in April, according to the latest data from the Australian Bureau of Statistics.

In containerised markets, China on 102,767t followed by The Philippines on 39,803t and Taiwan on 32,142t were the three largest buyers.

In bulk markets, China on 691,664t was the biggest market, followed by Vietnam on 410,621t and Indonesia on 390,658t.

According to Lachstock Consulting’s latest wheat supply-and-demand report published June 22, Australia has exported 19.5 million tonnes (Mt) of wheat since the October 1 start of the current marketing year.

This compares with 15.6Mt shipped over the corresponding 2021-22 period.

“We do expect exports to taper as Northern Hemisphere crops hit the supply chain and east coast supply begins to tighten, but we are well on our way to a record export program estimated at over 30Mt by the end of September 2023,” the Lachstock report said.

“Export pace out of Western Australia is humming, with over 1Mt being exported each month for the last five months in a row, taking the marketing year to date total to a record 7.23Mt.

“Export pace out of New South Wales has been record high at 3.97Mt, just ahead of last year’s 3.93Mt.”

BOXED Mar Apr May  Tonnes
China 93810 109628 102767 306206
Fiji 0 12668 0 12668
French Polynesia 0 508 0 508
Hong Kong 584 272 273 1130
Indonesia 10301 14632 18647 43581
Japan 3208 2144 0 5352
Malaysia 25791 26904 16306 69001
Myanmar 490 978 2515 3983
New Caledonia 2857 2273 1006 6136
New Zealand 1474 2741 1478 5693
Papua New Guinea 1152 852 403 2407
Philippines 13178 5537 39803 58518
Saudi Arabia 0 0 378 378
Singapore 0 0 26400 26400
Solomon Islands 931 681 747 2359
South Korea 1186 0 1051 2237
Taiwan 31335 25737 32142 89215
Tanzania 0 298 0 298
Thailand 33586 18453 28902 80941
UK 3957 852 2062 6871
Vietnam 73745 22449 19348 115542
TOTAL 297587 247607 294231 839425

Table 2: Containerised Australian wheat exports for March, April and May 2023. Source: ABS

BULK Mar Apr May Tonnes
Bahrain 26858 0 0 26858
Bangladesh 21196 82140 0 103336
China 1038798 923066 691664 2653527
Egypt 51615 33032 0 84647
Fiji 0 0 33000 33000
India 0 0 13640 13640
Indonesia 315349 281322 390658 987329
Iraq 209300 102820 104940 417060
Japan 84577 76009 112433 273020
Kuwait 44000 42626 86626
Malaysia 107781 41799 44000 193580
Mauritius 25099 0 0 25099
Myanmar 28175 0 28025 56200
New Zealand 50948 35457 70395 156801
Oman 0 0 11000 11000
Papua New Guinea 0 20247 28500 48747
Philippines 290126 193096 194189 677411
Qatar 20637 0 0 20637
Singapore 0 16500 0 16500
South Africa 55000 0 48691 103690
South Korea 280092 267494 371408 918994
Taiwan 0 0 302 302
Thailand 291947 310750 171340 774036
Turkiye 66000 0 0 66000
UAE 49330 37547 21881 108757
Vietnam 306172 204991 410621 921785
Yemen 52440 108008 187700 348148
DURUM
Italy 21838 0 0 21838
Spain 31500 0 0 31500
Tunisia 0 0 27500 27500
Turkiye 0 32743 0 32743
Vietnam 0 31500 27500 59000
TOTAL 3468779 2798521 3032013 9299312

Table 2: Containerised Australian wheat and durum exports for March, April and May 2023. Source: ABS

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