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Natural milk products nes

040490 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.69BRnk 1574 / 4644
2023
Top Exporter | Top Importer $510M | $343MNew Zealand | United States
2023
Product Complexity 0.47Rnk 1718 / 4656
2022 - 2023
Export Growth (CAGR) -7.3%Rnk 2393 / 4644
2023
Share of World Trade 0.0075%Rnk 1574 / 4644

About

Overview This page contains the latest trade data of Other Natural Milk Products. In 2023, Other Natural Milk Products were the world's 1574th most traded product, with a total trade of $1.69B. Between 2022 and 2023 the exports of Other Natural Milk Products decreased by -7.3%, from $1.82B to $1.69B. Trade in Other Natural Milk Products represent 0.0075% of total world trade.

Other Natural Milk Products are a part of Whey and other milk products.

Exports In 2023 the top exporters of Other Natural Milk Products  were New Zealand ($510M), United States ($202M), Netherlands ($194M), Germany ($166M), and France ($136M).

Imports In 2023 the top importers of Other Natural Milk Products were United States ($343M), South Korea ($142M), Italy ($87.1M), Egypt ($74.2M), and Japan ($65.4M).

Ranking Other Natural Milk Products ranks 1718th 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 Other Natural Milk Products. 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)New Zealand$510M
Top Destination (2023)United States$343M

In 2023 Other Natural Milk Products were the world's 1574th most traded product (out of 4,644).

In 2023, the top exporters of Other Natural Milk Products were New Zealand ($510M), United States ($202M), Netherlands ($194M), Germany ($166M), and France ($136M).

In 2023, the top importers of Other Natural Milk Products were United States ($343M), South Korea ($142M), Italy ($87.1M), Egypt ($74.2M), and Japan ($65.4M).

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Exporters of Other Natural Milk Products (2023)
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Importers of Other Natural Milk Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)New Zealand$76.8M
Top Destination Growth (2022 -  2023)United States$33.3M

Between 2022 and 2023, the exports of Other Natural Milk Products grew the fastest in New Zealand ($76.8M), Denmark ($3.31M), Switzerland ($3.08M), Singapore ($3.02M), and Costa Rica ($2.85M).

Between 2022 and 2023, the fastest growing importers of Other Natural Milk Products were United States ($33.3M), Brazil ($22.3M), Netherlands ($13.2M), Bahrain ($12.8M), and Saudi Arabia ($11.2M).

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Exporters of Other Natural Milk Products (2022 - 2023)

Importers of Other Natural Milk Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Natural Milk Products.

In 2023, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Other Natural Milk Products are explained by 12 countries.

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Value of Exports in Other Natural Milk Products

Net Trade

TOP NET EXPORTER (2023)New Zealand$507M
TOP NET IMPORTER (2023)United States$141M

This map shows which countries export or import more of Other Natural Milk Products. Each country is colored based on the difference in exports and imports of Other Natural Milk Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Natural Milk Products were New Zealand ($507M), Netherlands ($130M), France ($111M), Germany ($102M), and Lithuania ($32.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Natural Milk Products were United States ($141M), South Korea ($127M), Italy ($78.9M), Egypt ($73.4M), and Japan ($56.8M).

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 Other Natural Milk Products.
It is possible to select the main countries that export or import Other Natural Milk Products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Natural Milk Products 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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