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040520 (Harmonized System 1996 for 6-digit)

2022
World Trade $298MRnk 3503 / 4769
2022
Top Exporter | Top Importer $53.9M | $84.4MNew Zealand | Kuwait
2022
Product Complexity -0.21Rnk 2894 / 4776
2021 - 2022
Export Growth (CAGR) -3.1%Rnk 3468 / 4769
2022
Share of World Trade 0.0013%Rnk 3503 / 4769

About

Overview This page contains the latest trade data of Dairy Spreads. In 2022, Dairy Spreads were the world's 3503rd most traded product, with a total trade of $298M. Between 2021 and 2022 the exports of Dairy Spreads decreased by -3.1%, from $308M to $298M. Trade in Dairy Spreads represent 0.0013% of total world trade.

Dairy Spreads are a part of Butter and other fats and oils derived from milk; dairy spreads.

Exports In 2022 the top exporters of Dairy Spreads  were New Zealand ($53.9M), Belgium ($50.4M), Australia ($28.8M), Ireland ($22.7M), and Germany ($20.2M).

Imports In 2022 the top importers of Dairy Spreads were Kuwait ($84.4M), South Korea ($41M), Germany ($18.6M), United Arab Emirates ($14M), and Spain ($13.5M).

Ranking Dairy Spreads ranks 2894th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Dairy Spreads. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)New Zealand$53.9M
Top Destination (2022)Kuwait$84.4M

In 2022 Dairy Spreads were the world's 3503rd most traded product (out of 4,769).

In 2022, the top exporters of Dairy Spreads were New Zealand ($53.9M), Belgium ($50.4M), Australia ($28.8M), Ireland ($22.7M), and Germany ($20.2M).

In 2022, the top importers of Dairy Spreads were Kuwait ($84.4M), South Korea ($41M), Germany ($18.6M), United Arab Emirates ($14M), and Spain ($13.5M).

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Exporters of Dairy Spreads (2022)
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Importers of Dairy Spreads (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)New Zealand$22.3M
Top Destination Growth (2021 -  2022)Kuwait$74.1M

Between 2021 and 2022, the exports of Dairy Spreads grew the fastest in New Zealand ($22.3M), Belgium ($17M), Australia ($13.8M), Netherlands ($7.47M), and Germany ($3.54M).

Between 2021 and 2022, the fastest growing importers of Dairy Spreads were Kuwait ($74.1M), South Korea ($13.9M), Spain ($5.35M), United States ($2.99M), and United Arab Emirates ($2.84M).

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Exporters of Dairy Spreads (2021 - 2022)

Importers of Dairy Spreads (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dairy Spreads.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Dairy Spreads are explained by 16 countries.

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Value of Exports in Dairy Spreads

Net Trade

TOP NET EXPORTER (2022)New Zealand$53.9M
TOP NET IMPORTER (2022)Kuwait$84.1M

This map shows which countries export or import more of Dairy Spreads. Each country is colored based on the difference in exports and imports of Dairy Spreads during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Dairy Spreads were New Zealand ($53.9M), Belgium ($43.6M), Australia ($27M), Ireland ($22M), and Saudi Arabia ($16.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Dairy Spreads were Kuwait ($84.1M), United Arab Emirates ($13.5M), Spain ($12.3M), Portugal ($9.78M), and United States ($8.77M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Dairy Spreads.
It is possible to select the main countries that export or import Dairy Spreads in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dairy Spreads by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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