HS Icon Buttermilk, curdled milk, cream, kephir, etc.

040390 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.98B, Rnk 1331 / 4726

Top Exporter (2018): $336M, Germany

Top Importer (2018): $274M, United Kingdom

Product Complexity (2018): -0.13, Rnk 2836 / 4873

Export Growth (CAGR)(2017 - 2018): 15.4%, Rnk 1850 / 4726

Mean Tariff (2018): 34.2%, Rnk 58 / 6538

Share of World Trade (2018): 0.011%, Rnk 1331 / 4726

Overview:  This page contains the latest trade data of Buttermilk, curdled milk, cream, kephir, etc.. In 2018, Buttermilk, curdled milk, cream, kephir, etc. were the world's 1331st most traded product, with a total trade of $1.98B. Between 2017 and 2018 the exports of Buttermilk, curdled milk, cream, kephir, etc. grew by 15.4%, from  $1.71B to $1.98B. Trade in Buttermilk, curdled milk, cream, kephir, etc. represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Buttermilk, curdled milk, cream, kephir, etc.  were Germany ($336M), France ($298M), Belgium-Luxembourg ($216M), Belarus ($133M), and New Zealand ($91.3M).

Imports: In 2018 the top importers of Buttermilk, curdled milk, cream, kephir, etc. were United Kingdom ($274M), Russia ($136M), Italy ($133M), Netherlands ($118M), and Philippines ($95.3M).

Tariffs: In 2018 the average tariff for Buttermilk, curdled milk, cream, kephir, etc. was 34.2%, been the 58 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Buttermilk, curdled milk, cream, kephir, etc. are Cyprus (207%), Austria (202%), Turkey (169%), Canada (126%), and Morocco (84.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Buttermilk, curdled milk, cream, kephir, etc. ranks 2836th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $336M

Top Destination (2018): United Kingdom, $274M

Buttermilk, curdled milk, cream, kephir, etc. are the world's 1331st most traded product.

In 2018, the top exporters of Buttermilk, curdled milk, cream, kephir, etc. were Germany ($336M), France ($298M), Belgium-Luxembourg ($216M), Belarus ($133M), and New Zealand ($91.3M).

In 2018, the top importers of Buttermilk, curdled milk, cream, kephir, etc. were United Kingdom ($274M), Russia ($136M), Italy ($133M), Netherlands ($118M), and Philippines ($95.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $68.8M

Top Destination Growth (2017 - 2018): Singapore, $39.4M

Between 2017 and 2018, the exports of Buttermilk, curdled milk, cream, kephir, etc. grew the fastest in Thailand ($68.8M), Belgium-Luxembourg ($40.3M), France ($33.7M), Saudi Arabia ($32M), and Poland ($24.7M).

Between 2017 and 2018, the fastest growing importers of Buttermilk, curdled milk, cream, kephir, etc. were Singapore ($39.4M), Belgium-Luxembourg ($20.6M), Bahrain ($20.4M), Philippines ($19M), and Germany ($18.9M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Buttermilk, curdled milk, cream, kephir, etc..

In 2018,  market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Buttermilk, curdled milk, cream, kephir, etc. are explained by 22 countries.

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TOP NET EXPORTER (2018): Germany, $261M

TOP NET IMPORTER (2018): United Kingdom, $239M

This map shows which countries export or import more of Buttermilk, curdled milk, cream, kephir, etc.. Each country is colored based on the difference in exports and imports of Buttermilk, curdled milk, cream, kephir, etc. during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Buttermilk, curdled milk, cream, kephir, etc. were Germany ($261M), France ($247M), Belgium-Luxembourg ($130M), Belarus ($127M), and New Zealand ($90.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Buttermilk, curdled milk, cream, kephir, etc. were United Kingdom ($239M), Italy ($118M), Philippines ($91.8M), Russia ($82.7M), and Netherlands ($58M).

Trade Forecasts

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This section shows forecasts for total trade for Buttermilk, curdled milk, cream, kephir, etc.. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Buttermilk, curdled milk, cream, kephir, etc. was 34.2%.  The countries with the highest tariffs for importing Buttermilk, curdled milk, cream, kephir, etc. were Cyprus (207%), Austria (202%), Turkey (169%), Canada (126%), and Morocco (84.7%).

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Product Complexity

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Diversification Frontier

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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.