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)

About

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).

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

Latest Data

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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

Exporters and Importers

Top Origin (2021)United States$835M
Top Destination (2021)China$986M

In 2021 Whey and other milk products were the world's 493rd most traded product (out of 1,217).

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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Exporters of Whey and other milk products (2021)
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Importers of Whey and other milk products (2021)
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Market Dynamics

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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Exporters of Whey and other milk products (2020 - 2021)

Importers of Whey and other milk products (2020 - 2021)

Market Concentration

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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Value of Exports in Whey and other milk products

Net Trade

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).

Net Trade (2021)

Disaggregation

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)

HS6 Disaggregation for Whey and other milk products (2021)
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Country Comparison

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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.

Top 10 Exporters Countries of Whey and other 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 (2021)

Country by Relatedness

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.

Relative Relatedness by Country (2021)

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