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Milk not concentrated nor sweetened < 1% fat

040110 (Harmonized System 1992 for 6-digit)

2023
World Trade $911MRnk 2215 / 4644
2023
Top Exporter | Top Importer $195M | $182MNetherlands | Belgium
2023
Product Complexity -0.21Rnk 2850 / 4656
2022 - 2023
Export Growth (CAGR) -1.27%Rnk 1681 / 4644
2023
Share of World Trade 0.004%Rnk 2215 / 4644

About

Overview This page contains the latest trade data of Milk (<1% Fat). In 2023, Milk (<1% Fat) were the world's 2215th most traded product, with a total trade of $911M. Between 2022 and 2023 the exports of Milk (<1% Fat) decreased by -1.27%, from $923M to $911M. Trade in Milk (<1% Fat) represent 0.004% of total world trade.

Milk (<1% Fat) are a part of Milk.

Exports In 2023 the top exporters of Milk (<1% Fat)  were Netherlands ($195M), Saudi Arabia ($130M), Germany ($112M), Belgium ($98.6M), and France ($77.4M).

Imports In 2023 the top importers of Milk (<1% Fat) were Belgium ($182M), Netherlands ($109M), Italy ($89.5M), United Arab Emirates ($75.5M), and China ($51M).

Ranking Milk (<1% Fat) ranks 2850th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Milk (<1% Fat). 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 (2023)Netherlands$195M
Top Destination (2023)Belgium$182M

In 2023 Milk (<1% Fat) were the world's 2215th most traded product (out of 4,644).

In 2023, the top exporters of Milk (<1% Fat) were Netherlands ($195M), Saudi Arabia ($130M), Germany ($112M), Belgium ($98.6M), and France ($77.4M).

In 2023, the top importers of Milk (<1% Fat) were Belgium ($182M), Netherlands ($109M), Italy ($89.5M), United Arab Emirates ($75.5M), and China ($51M).

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Exporters of Milk (<1% Fat) (2023)
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Importers of Milk (<1% Fat) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$19.1M
Top Destination Growth (2022 -  2023)United Arab Emirates$13.8M

Between 2022 and 2023, the exports of Milk (<1% Fat) grew the fastest in Netherlands ($19.1M), Belgium ($12.5M), Egypt ($8.32M), Saudi Arabia ($5.65M), and New Zealand ($4.77M).

Between 2022 and 2023, the fastest growing importers of Milk (<1% Fat) were United Arab Emirates ($13.8M), Austria ($11.9M), Italy ($9.89M), Spain ($9.6M), and Lebanon ($8.39M).

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Exporters of Milk (<1% Fat) (2022 - 2023)

Importers of Milk (<1% Fat) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milk (<1% Fat).

In 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Milk (<1% Fat) are explained by 16 countries.

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Value of Exports in Milk (<1% Fat)

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$126M
TOP NET IMPORTER (2023)Belgium$83.1M

This map shows which countries export or import more of Milk (<1% Fat). Each country is colored based on the difference in exports and imports of Milk (<1% Fat) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Milk (<1% Fat) were Saudi Arabia ($126M), Netherlands ($86.3M), France ($64.2M), Germany ($62.4M), and South Africa ($31.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Milk (<1% Fat) were Belgium ($83.1M), Italy ($82.6M), United Arab Emirates ($65M), China ($49.8M), and Kuwait ($22.7M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Milk (<1% Fat).
It is possible to select the main countries that export or import Milk (<1% Fat) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milk (<1% Fat) 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 (2023)

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