Moldova wheat exports rise but prices fall in 2025–26 season
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Moldovan wheat exports: volume higher, price lower

For exporters of wheat from the Republic of Moldova, the marketing season 2025-26 is unfolding ambiguously - the physical volume of external supplies has increased, but average export prices are decreasing. As a result, the financial and economic effect is relatively small.
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wheat export

According to statistics for the period from July 2025 to March 2026, Moldova exported 851.9 thousand tons of wheat, which is 18% more, for the same period last season (722.5 thousand tons).

“At first glance, the figures seem encouraging,” agro-marketing expert Iurie Rija comments on the interim result of the season. – However, according to the data of the Customs Service of the Republic of Moldova, the average export price for wheat of the 2025 harvest fell to 3.62 lei/kg, while wheat of the previous year’s harvest was sold to foreign markets at an average of 3.84 lei/kg. The combination of higher physical volume of shipments and lower prices of export consignments reduced the actual profit of exporters, as well as the economic efficiency of this segment of Moldova’s grain business”.

The export of wheat during the mentioned period of the current marketing season in financial terms amounts to a little more than 3 billion lei. Alas, the dynamics of financial receipts from the export of this commodity is downward. For comparison, in the season 2023-24 (July-March) the revenue amounted to 4.16 billion lei, while in the season 2021-22 exports reached 4.19 billion lei. Moreover, both these seasons were characterized by both high volumes and favorable prices of external wheat supplies.

Impact of the events of recent months

The key aspect of the current season, as market operators believe, is the activation of real wheat exports only in March 2026. Last month, more than 107,000 tons of wheat was exported from Moldova. This is a very large volume of external shipments of Moldovan wheat for the first spring month.

However, this evolution of exports, although not typical, is not accidental at all. It reflects the behavior pattern of farmers who preferred to store wheat in warehouses for a long time, waiting for more favorable prices, and decided to sell it to exporters only now – on the threshold of spring field works. The new agricultural campaign strictly requires farmers to have high liquidity – to buy seeds, fuel and fertilizers.

Unfortunately, the “waiting strategy” economically justified only partially. The average market export price for wheat in Moldova, recorded in March 2026, amounted to 3.78 lei/kg. Whereas in January-February of this year it was at the level of 3.82 lei/kg. Farmers, who decided to “endure” in the hope of further price growth by the end of the season, miscalculated.

One of the main factors of this price pressure was the excessive supply of wheat in the main markets – the European Union and Turkey. Then the market situation was worsened by blocking access of grain traders-exporters to the Middle East markets. This led to the redirection of significant flows of Ukrainian, Romanian and Moldovan wheat to the same European and Mediterranean markets, which are not elastic, with strictly limited capacity and conditional demand.

Export geography

The geography of wheat exports from Moldova in the period from July 2025 to March 2026 shows a strict binding of external supplies of this commodity to one region – the Mediterranean and adjacent European countries.

For almost the entire season, Italy remains the main destination of supply. This country accounted for almost 40% of the total volume of Moldovan wheat exports – 330.9 thousand tons, at an average price of 3.67 lei/kg. Romania ranks second in the hierarchy of buyers: 194.4 thousand tons, at an average price of 3.53 lei/kg. In third place is Greece: 136.7 thousand tons, 3.65 lei/kg. Greek ports partly function as “Mediterranean hubs” – distribution centers for other supply destinations. Lebanon is a notable destination in this context. And it attracts attention not so much by high volumes of purchases (41.9 thousand tons of wheat from RM), as by the highest average price of purchases – 4.06 lei/kg.

The overall picture of the 2025-26 season shows that farmers and exporters are facing growing competition at the international level, in which limited access to Middle East markets and competition in European markets lead to lower prices.

Ranking of Moldovan wheat exporters

RUSAGRO-PRIM SRL is the undisputed leader of the season, exporting 202,500 tons, which represents 24% of the country’s total external supplies. The company maintains its traditionally strong position on the market.

In the second place is the company “AGRO-NOVA PRIM” SRL – with a share of 15%, 131.2 thousand tons. In third place is the company “OROM-IMEXPO” SRL with a share of 13%, 108.8 thousand tons.

The rest of the rating is formed by dozens of companies, each of which has a share of 2-5%, and a group of smaller operators, which account for up to 15% of the total volume of external wheat supplies.



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