2023
Exports
$6.28BWorld Rnk 1 / 174
Flag Rnk 1 / 1166
2023
PRODUCT COMPLEXITY IN Concentrated Milk
-0.8Rnk 783 / 1025
2023
Imports
$35.6MWorld Rnk 81 / 222
Flag Rnk 245 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $6.28B in Concentrated Milk, making it the 1st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 1st most exported product in New Zealand. The main destination of Concentrated Milk exports from New Zealand are: China ($1.81B), Algeria ($587M), Indonesia ($472M), United Arab Emirates ($391M), and Thailand ($310M).

The fastest growing export markets for Concentrated Milk of New Zealand between 2022 and 2023 were Algeria ($89.7M), Sri Lanka ($79.1M), and Hong Kong ($73.3M).

Imports In 2023, New Zealand imported $35.6M in Concentrated Milk, becoming the 81st largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 245th most imported product in New Zealand. New Zealand imports Concentrated Milk primarily from: Spain ($8.65M), Netherlands ($7.49M), United Arab Emirates ($5.53M), Australia ($4.69M), and United States ($4.67M).

The fastest growing import markets in Concentrated Milk for New Zealand between 2022 and 2023 were Netherlands ($5.13M), Spain ($1.98M), and United States ($1.88M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.28B
IMPORTS (2023)$35.6M
NET TRADE (2023)$6.24B

In 2023, New Zealand exported $6.28B in Concentrated Milk. The main destinations of New Zealand exports on Concentrated Milk were China ($1.81B), Algeria ($587M), Indonesia ($472M), United Arab Emirates ($391M), and Thailand ($310M).

In 2023, New Zealand imported $35.6M in Concentrated Milk, mainly from Spain ($8.65M), Netherlands ($7.49M), United Arab Emirates ($5.53M), Australia ($4.69M), and United States ($4.67M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Algeria$89.7M (18%)
Sri Lanka$79.1M (50%)
Hong Kong$73.3M (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY New Zealand WERE (2022 - 2023):
China-$743M (-29.1%)
Indonesia-$119M (-20.1%)
Bangladesh-$63.6M (-22.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Concentrated Milk were:
In 2023, New Zealand's main importing competitors in Concentrated Milk were:

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $17.7M
TOP IMPORT POTENTIALUnited States+ $1.74M

Concentrated Milk’s highest export potential is Mexico. With an export gap of $17.7M.   Concentrated Milk’s highest import potential is United States with an import gap of $1.74M.

See methodology.

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