2022
Exports
$3.25BWorld Rnk 2 / 166
Flag Rnk 109 / 1217
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$195MWorld Rnk 34 / 224
Flag Rnk 758 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.25B in Concentrated Milk, making it the 2nd largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 109th most exported product in United States. The main destination of Concentrated Milk exports from United States are: Mexico ($1.34B), Philippines ($413M), Indonesia ($298M), China ($198M), and Malaysia ($168M).

The fastest growing export markets for Concentrated Milk of United States between 2021 and 2022 were Mexico ($333M), Philippines ($102M), and Indonesia ($80.9M).

Imports In 2022, United States imported $195M in Concentrated Milk, becoming the 34th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 758th most imported product in United States. United States imports Concentrated Milk primarily from: Mexico ($66M), Chile ($35.1M), United Kingdom ($33M), Netherlands ($16.1M), and New Zealand ($7.24M).

The fastest growing import markets in Concentrated Milk for United States between 2021 and 2022 were United Kingdom ($31.9M), Chile ($20.8M), and New Zealand ($3.85M).

COMPANIES In 2023, leading companies such as IKEA Group (169), Goya Foods (34), and Mercedes-Benz (28) were at the forefront of shipping Concentrated Milk to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$28.6M(18.4%)
IMPORT GROWTH (September 2023 - September 2024)$3.79M(37.8%)
MAIN EXPORTER (September 2024)California$78.7M
MAIN DESTINATION (September 2024)Mexico$101M

This section shows Concentrated Milk's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.25B
IMPORTS (2022)$195M
NET TRADE (2022)$3.06B

In 2022, United States exported $3.25B in Concentrated Milk. The main destinations of United States exports on Concentrated Milk were Mexico ($1.34B), Philippines ($413M), Indonesia ($298M), China ($198M), and Malaysia ($168M).

In 2022, United States imported $195M in Concentrated Milk, mainly from Mexico ($66M), Chile ($35.1M), United Kingdom ($33M), Netherlands ($16.1M), and New Zealand ($7.24M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$333M (33%)
Philippines$102M (32.7%)
Indonesia$80.9M (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY United States WERE (2021 - 2022):
Egypt-$49.1M (-72.5%)
Vietnam-$46.5M (-23.3%)
Algeria-$33.8M (-78.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Concentrated Milk were:
In 2022, United States's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

Explore Visualizations

Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $103M
TOP IMPORT POTENTIALNetherlands+ $11M

Concentrated Milk’s highest export potential is China. With an export gap of $103M.   Concentrated Milk’s highest import potential is Netherlands with an import gap of $11M.

See methodology.

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