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HS Icon Whey and other milk products

Whey and products consisting of natural milk constituents; whether or not containing added sugar or other sweetening matter, not elsewhere specified or included

0404 (Harmonized System 1992 for 4-digit)

2021
World Trade: $5.92B, Rnk 493 / 1217

2021
Top Exporter | Top Importer: $835M | $986M, United States | China

2021
Product Complexity: 0.48, Rnk 380 / 1024

2020 - 2021
Export Growth (CAGR): 22%, Rnk 570 / 1217

2018
Mean Tariff: 44.7%, Rnk 12 / 1259

2021
Share of World Trade: 0.028%, Rnk 493 / 1217

About

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Overview This page contains the latest trade data of Whey and other milk products. In 2021, Whey and other milk products were the world's 493rd most traded product, with a total trade of $5.92B. Between 2020 and 2021 the exports of Whey and other milk products grew by 22%, from $4.85B to $5.92B. Trade in Whey and other milk products represent 0.028% of total world trade.

Whey and other milk products are a part of Edible products of animal origin, n.e.s.. They include Whey and Other Natural Milk Products.

Exports In 2021 the top exporters of Whey and other milk products  were United States ($835M), New Zealand ($789M), Germany ($705M), France ($636M), and Netherlands ($559M).

Imports In 2021 the top importers of Whey and other milk products were China ($986M), Netherlands ($643M), United States ($414M), Germany ($335M), and France ($242M).

Tariffs In 2018 the average tariff for Whey and other milk products was 44.7%, making it the 12th lowest tariff using the HS4 product classification.

Ranking Whey and other milk products ranks 380th in the Product Complexity Index (PCI).

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Latest Data

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View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Whey and other 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): United States, $835M

Top Destination (2021): China, $986M

Whey and other milk products are the world's 493rd most traded product.

In 2021, the top exporters of Whey and other milk products were United States ($835M), New Zealand ($789M), Germany ($705M), France ($636M), and Netherlands ($559M).

In 2021, the top importers of Whey and other milk products were China ($986M), Netherlands ($643M), United States ($414M), Germany ($335M), and France ($242M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): New Zealand, $347M

Top Destination Growth (2020 -  2021): China, $196M

Between 2020 and 2021, the exports of Whey and other milk products grew the fastest in New Zealand ($347M), United States ($118M), France ($114M), Germany ($76.5M), and Netherlands ($64.1M).

Between 2020 and 2021, the fastest growing importers of Whey and other milk products were China ($196M), United States ($135M), Netherlands ($87.9M), Indonesia ($60.7M), and Germany ($59.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Whey and other milk products.

In 2021, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Whey and other milk products are explained by 18 countries.

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Net Trade

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TOP NET EXPORTER (2021): New Zealand, $744M

TOP NET IMPORTER (2021): China, $983M

This map shows which countries export or import more of Whey and other milk products. Each country is colored based on the difference in exports and imports of Whey and other milk products during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Whey and other milk products were New Zealand ($744M), United States ($421M), France ($395M), Germany ($370M), and Ireland ($156M).

In 2021, the countries that had a largest trade value in imports than in exports of Whey and other milk products were China ($983M), Indonesia ($210M), Japan ($201M), South Korea ($191M), and Malaysia ($130M).

Disaggregation

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Value

In 2021, the world most traded Whey and other milk products, disaggragated by their HS6 level were Whey ($4.11B) and Other Natural Milk Products ($1.81B)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

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This visualization shows products that are likely to be exported by countries that export Whey and other milk products.

Country by Relatedness

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The following visualization shows the relatedness of Whey and other milk products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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