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040410 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.53BRnk 989 / 4644
2023
Top Exporter | Top Importer $573M | $780MUnited States | China
2023
Product Complexity 0.3Rnk 2026 / 4656
2022 - 2023
Export Growth (CAGR) -21.2%Rnk 3769 / 4644
2023
Share of World Trade 0.016%Rnk 989 / 4644

About

Overview This page contains the latest trade data of Whey. In 2023, Whey were the world's 989th most traded product, with a total trade of $3.53B. Between 2022 and 2023 the exports of Whey decreased by -21.2%, from $4.48B to $3.53B. Trade in Whey represent 0.016% of total world trade.

Whey are a part of Whey and other milk products.

Exports In 2023 the top exporters of Whey  were United States ($573M), Germany ($554M), France ($381M), Netherlands ($350M), and Poland ($182M).

Imports In 2023 the top importers of Whey were China ($780M), Netherlands ($423M), Indonesia ($200M), Germany ($179M), and France ($136M).

Ranking Whey ranks 2026th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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

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

Explore Latest Trends

* 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)United States$573M
Top Destination (2023)China$780M

In 2023 Whey were the world's 989th most traded product (out of 4,644).

In 2023, the top exporters of Whey were United States ($573M), Germany ($554M), France ($381M), Netherlands ($350M), and Poland ($182M).

In 2023, the top importers of Whey were China ($780M), Netherlands ($423M), Indonesia ($200M), Germany ($179M), and France ($136M).

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Exporters of Whey (2023)
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Importers of Whey (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Argentina$6.4M
Top Destination Growth (2022 -  2023)India$19M

Between 2022 and 2023, the exports of Whey grew the fastest in Argentina ($6.4M), Thailand ($2.2M), Brazil ($1.08M), Portugal ($789k), and Saudi Arabia ($688k).

Between 2022 and 2023, the fastest growing importers of Whey were India ($19M), Brazil ($12.9M), United Kingdom ($9.47M), Switzerland ($7.44M), and Iran ($3.7M).

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Exporters of Whey (2022 - 2023)

Importers of Whey (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Whey.

In 2023, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Whey are explained by 18 countries.

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Value of Exports in Whey

Net Trade

TOP NET EXPORTER (2023)United States$513M
TOP NET IMPORTER (2023)China$776M

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

In 2023, the countries that had a largest trade value in exports than in imports of Whey were United States ($513M), Germany ($375M), France ($245M), Poland ($140M), and Argentina ($124M).

In 2023, the countries that had a largest trade value in imports than in exports of Whey were China ($776M), Indonesia ($200M), Japan ($96M), Malaysia ($91.7M), and Thailand ($81.4M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Whey 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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