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2023
Exports $775MWorld Rnk 1 / 113
Flag Rnk 283 / 1217
2023
Destination $12.8M China
2022 - 2023
FASTEST GROWING MARKET $12.8MBrazil
2023
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 412 / 1025
2023
Imports $403MWorld Rnk 3 / 203
Flag Rnk 584 / 1215
2023
Origin $28.8M New Zealand
2022 - 2023
FASTEST GROWING ORIGIN $28.8MNew Zealand
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $775M in Whey and other milk products, making it the 1st largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 283rd most exported product in United States. The main destination of Whey and other milk products exports from United States are: China ($230M), Mexico ($71M), Canada ($66.4M), Indonesia ($54.3M), and Egypt ($39.2M).

The fastest growing export markets for Whey and other milk products of United States between 2022 and 2023 were Brazil ($12.8M), Switzerland ($6.15M), and Saudi Arabia ($5.97M).

Imports In 2023, United States imported $403M in Whey and other milk products, becoming the 3rd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 584th most imported product in United States. United States imports Whey and other milk products primarily from: New Zealand ($303M), Canada ($49M), Denmark ($29.4M), Germany ($17.4M), and Mexico ($888k).

The fastest growing import markets in Whey and other milk products for United States between 2022 and 2023 were New Zealand ($28.8M), Denmark ($10.4M), and Germany ($3.3M).

COMPANIES In 2023, leading companies such as IKEA Group (174), Mystic Apparel (14), and Conair (9) were at the forefront of shipping Whey and other milk products to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Whey and other milk products exports accounted up to $63.6M and imports accounted up to $38.8M, resulting in a positive trade balance of $24.8M. Between November 2023 and November 2024 the exports of United States'   Whey and other milk products have increased by $6.05M (10.5%) from $57.5M to $63.6M, while imports increased by $4.76M (14%) from $34M to $38.8M.

Destinations In November 2024, Whey and other milk products were exported mostly to China ($17.9M), Mexico ($12.4M), Canada ($5.68M), Japan ($4.12M), and Indonesia ($3.96M), and were imported mostly from New Zealand ($29.9M), Canada ($4.39M), Denmark ($3.16M), Germany ($775k), and India ($384k).

Growth In November 2024, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to China ($8.13M or 61.8%), Mexico ($4.12M or 44.8%), and Indonesia ($3.84M or 225%). In November 2024, the increase in Whey and other milk products's year-by-year imports was explained primarily by an increase in imports from New Zealand ($8.01M or 43.9%), Denmark ($3.39M or 644%), and Canada ($1.99M or 42.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$6.05M(10.5%)
IMPORT GROWTH (November 2023 - November 2024)$4.76M(14%)
MAIN EXPORTER (November 2024)Wisconsin$18.2M
MAIN DESTINATION (November 2024)China$17.9M

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$775M
IMPORTS (2023)$403M
NET TRADE (2023)$372M

In 2023, United States exported $775M in Whey and other milk products. The main destinations of United States exports on Whey and other milk products were China ($230M), Mexico ($71M), Canada ($66.4M), Indonesia ($54.3M), and Egypt ($39.2M).

In 2023, United States imported $403M in Whey and other milk products, mainly from New Zealand ($303M), Canada ($49M), Denmark ($29.4M), Germany ($17.4M), and Mexico ($888k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Brazil$12.8M (222%)
Switzerland$6.15M (1.41k%)
Saudi Arabia$5.97M (235%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY United States WERE (2022 - 2023):
China-$71.2M (-23.7%)
Mexico-$53M (-42.8%)
Japan-$23.8M (-44.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Whey and other milk products were:
Germany $720M
New Zealand $569M
In 2023, United States's main importing competitors in Whey and other milk products were:
China $817M
Netherlands $487M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $10.7M
TOP IMPORT POTENTIALCanada+ $14.7M

Whey and other milk products’s highest export potential is Canada. With an export gap of $10.7M.   Whey and other milk products’s highest import potential is Canada with an import gap of $14.7M.

See methodology.

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