Overview: This page contains the latest trade data of Butter. In 2019, Butter were the world's 325th most traded product, with a total trade of $9.75B. Between 2018 and 2019 the exports of Butter decreased by -11.7%, from $11B to $9.75B. Trade in Butter represent 0.054% of total world trade.
Exports: In 2019 the top exporters of Butter were New Zealand ($2.29B), Netherlands ($1.42B), Ireland ($1.3B), Germany ($768M), and Belgium ($698M).
Imports: In 2019 the top importers of Butter were France ($989M), Germany ($886M), Netherlands ($772M), Belgium ($604M), and Russia ($603M).
Tariffs: In 2018 the average tariff for Butter was 23.7%, making it the 61st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Butter are Canada (166%), Turkey (164%), Iceland (126%), Israel (102%), and Hungary (86.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Lebanon (0%), and Maldives (0%).
Ranking: Butter ranks 539th in the Product Complexity Index (PCI).