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2022
Exports $1.06BWorld Rnk 1 / 117
Flag Rnk 246 / 1217
2022
Destination $43.1M China
2021 - 2022
FASTEST GROWING MARKET $43.1MMexico
2022
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 408 / 1025
2022
Imports $351MWorld Rnk 4 / 198
Flag Rnk 639 / 1216
2022
Origin $23M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $23MNew Zealand
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.06B 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 246th most exported product in United States. The main destination of Whey and other milk products exports from United States are: China ($301M), Mexico ($160M), Canada ($76.4M), Indonesia ($59.7M), and Japan ($58.6M).

The fastest growing export markets for Whey and other milk products of United States between 2021 and 2022 were Mexico ($43.1M), China ($28.1M), and Canada ($22.5M).

Imports In 2022, United States imported $351M in Whey and other milk products, becoming the 4th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 639th most imported product in United States. United States imports Whey and other milk products primarily from: New Zealand ($269M), Canada ($51.9M), Denmark ($19M), Ireland ($5.65M), and Germany ($1.33M).

The fastest growing import markets in Whey and other milk products for United States between 2021 and 2022 were New Zealand ($23M), Canada ($12.1M), and Denmark ($3.46M).

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

August 2024

About

Overview In August 2024 United States' Whey and other milk products exports accounted up to $75.1M and imports accounted up to $37.2M, resulting in a positive trade balance of $38M. Between August 2023 and August 2024 the exports of United States'   Whey and other milk products have increased by $13.4M (21.7%) from $61.7M to $75.1M, while imports decreased by $-15.1M (-29%) from $52.3M to $37.2M.

Destinations In August 2024, Whey and other milk products were exported mostly to China ($22.4M), Mexico ($15.8M), Canada ($6.62M), Indonesia ($6.12M), and Japan ($4.1M), and were imported mostly from New Zealand ($28.5M), Canada ($4M), Germany ($2.71M), Denmark ($1.04M), and France ($333k).

Growth In August 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 ($3.84M or 225%). In August 2024, the decrease in Whey and other milk products's year-by-year imports was explained primarily by a decrease in imports from Philippines ($-8.56k or -71.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$13.4M(21.7%)
IMPORT GROWTH (August 2023 - August 2024)$-15.1M(-29%)
MAIN EXPORTER (August 2024)Wisconsin$18.2M
MAIN DESTINATION (August 2024)China$22.4M

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 (2022)$1.06B
IMPORTS (2022)$351M
NET TRADE (2022)$706M

In 2022, United States exported $1.06B in Whey and other milk products. The main destinations of United States exports on Whey and other milk products were China ($301M), Mexico ($160M), Canada ($76.4M), Indonesia ($59.7M), and Japan ($58.6M).

In 2022, United States imported $351M in Whey and other milk products, mainly from New Zealand ($269M), Canada ($51.9M), Denmark ($19M), Ireland ($5.65M), and Germany ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$43.1M (37%)
China$28.1M (10.3%)
Canada$22.5M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY United States WERE (2021 - 2022):
New Zealand-$12.6M (-53.5%)
Switzerland-$5.37M (-92.5%)
Vietnam-$2.46M (-6.75%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Whey and other milk products were:
Germany $786M
Netherlands $654M
In 2022, United States's main importing competitors in Whey and other milk products were:
China $1.01B
Netherlands $656M
Germany $366M

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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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