Export

Australian wheat exports down 36pc in October: ABS

Grain Central, December 18, 2019

Wheat from Australia and other origins goes into manufacturing noodles in South Korea. Photo: AEGIC

AUSTRALIA exported 589,489 tonnes of wheat in October, down 36 per cent from 915,781t shipped in September, according to the latest export data for the Australian Bureau of Statistics (ABS).

South Korea, The Philippines and Japan were Australia’s three biggest bulk wheat markets in October, taking 103,617t, 86,748t and 60,259t respectively, while China on 16,425t has continued its run as Australia’s biggest containerised wheat market.

“October exports were indicative of the tight carryover stocks of old crop, as new crop was yet to hit the bin in earnest,” Market Check head of strategy Nick Crundall said.

“It also marks the first month of the official data for the 2019-20 season and, compared with last October, exports were higher.

“This is a trend we’re seeing on the shipping stem also, with the October-January period showing higher year-on-year export numbers, even though the overall exportable surplus is lower this season than last.

“As we progress into the New Year, it’ll be closely watched where our exports go, and whether we see Indonesia step back up to top spot or if they continue to source from other origins.”

BULK Aug Sep Oct Tonnes
Bahrain 0 27500 0 27500
Fiji 14000 0 27000 41000
India 0 104 0 104
Indonesia 83055 128425 11000 222480
Japan 49265 83695 60259 193219
Kuwait 44975 38300 38800 122075
Malaysia 30500 47662 33000 111162
Myanmar 22000 0 0 22000
New Zealand 0 73462 33000 106462
Papua New Guinea 33985 19580 25325 78890
Philippines 61796 66189 86748 214733
Singapore 0 16500 0 16500
South Korea 91100 55930 103617 250647
Thailand 0 37504 23775 61279
UAE 0 0 258 258
Vietnam 54130 135187 0 189317
Yemen 0 91000 57900 148900
TOTAL 484806 821039 500682 1806527

Table 1: ABS Australian bulk wheat export figures for August, September and October 2019.

BOXED Aug Sep Oct Tonnes
DURUM: Malaysia 0 0 19 19
China 41437 45032 16425 102894
Egypt 502 1950 1710 4162
Fiji 3718 3409 5533 12659
French Polynesia 0 125 125 250
Indonesia 578 0 599 1177
Japan 712 858 2088 3658
Malaysia 8667 7091 8511 24269
Myanmar 7636 7326 8294 23257
New Caledonia 1527 1398 952 3876
New Zealand 5632 3563 3748 12943
Papua New Guinea 1050 2001 4505 7555
Philippines 9169 7179 7409 23758
Saudi Arabia 505 1030 915 2450
Singapore 1011 518 1030 2559
Solomon Islands 2503 1251 1001 4755
South Korea 0 0 502 502
Sri Lanka 0 774 3090 3864
Taiwan 706 2151 3285 6142
Tanzania 510 0 0 510
Thailand 9603 4034 13050 26687
UK 0 0 100 100
Vietnam 11257 5052 5917 22226
TOTAL 106724 94742 88807 290273

Table 2: ABS Australian containerised wheat export figures for August, September and October 2019.

 

 

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