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Australia’s Wheat Exports Surge in December, China Makes a Surprise Return

Yuki by Yuki
10/02/2025
in Agricultural Futures
Australia’s Wheat Exports Surge in December, China Makes a Surprise Return
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Australia’s wheat exports reached 2,130,431 tonnes in December, including 2,114 tonnes of durum, according to the latest data from the Australian Bureau of Statistics. This marked a significant rise from November’s 573,627 tonnes, fueled by the arrival of southern Australian outloads.

The bulk export market saw Indonesia leading the charge with 336,588 tonnes, followed by Yemen at 316,118 tonnes and The Philippines with 297,582 tonnes. In an unexpected development, China re-entered the scene in December, importing 130,000 tonnes, placing it fifth behind Vietnam, which imported 192,725 tonnes.

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In the containerized sector, Thailand was the top customer, importing 28,585 tonnes, followed by Taiwan at 24,715 tonnes and Indonesia at 23,299 tonnes. China was also a key player in this segment, importing an additional 23,299 tonnes.

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Compared to the same month in 2023, December 2024 exports saw a notable increase from 1,381,167 tonnes. Recent analysis by Lachstock Consulting indicated that Australia is on track to ship approximately 1.9 million tonnes of wheat in both January and February 2025.

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There is growing speculation that India could become a significant buyer of Australian wheat in the near term. India appeared in December 2024’s export figures with 5,046 tonnes of containerized wheat and 13,003 tonnes in bulk.

This surge in exports highlights Australia’s strong position in the global wheat market as major buyers continue to turn to its high-quality wheat supplies.

Related topic:

When Does Wheat Futures Open?

How Do Wheat Futures Work?

7 Steps To Buy Wheat Futures

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