Overview: In 2018, Fermented Milk Products were the world's 526th most traded product, with a total trade of $4.64B. Between 2017 and 2018 the exports of Fermented Milk Products grew by 13.5%, from $4.09B to $4.64B. Trade in Fermented Milk Products represent 0.025% of total world trade.
Exports: In 2018 the top exporters of Fermented Milk Products were Germany ($974M), France ($625M), Belgium-Luxembourg ($316M), Saudi Arabia ($249M), and Greece ($212M).
Imports: In 2018 the top importers of Fermented Milk Products were United Kingdom ($513M), Italy ($404M), Spain ($279M), Netherlands ($271M), and Belgium-Luxembourg ($225M).
Tariffs: In 2018 the average tariff for Fermented Milk Products was 33.5%, been the 13 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Fermented Milk Products are Austria (210%), Cyprus (187%), Turkey (168%), Canada (124%), and Morocco (83.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).
Ranking: Fermented Milk Products ranks 500th in the Product Complexity Index (PCI).