HS Icon Milk not concentrated nor sweetened 1-6% fat

040120 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $5.11B, Rnk 605 / 4648

2019
Top Exporter | Top Importer
: $830M | $913M, Germany | Germany

2019
Product Complexity
: -0.12, Rnk 2816 / 4826

2018 - 2019
Export Growth (CAGR)
: -3.03%, Rnk 2215 / 4648

2018
Mean Tariff
: 52.4%, Rnk 17 / 6538

 2019
Share of World Trade
: 0.028%, Rnk 605 / 4648

Overview:  This page contains the latest trade data of Milk not concentrated nor sweetened 1-6% fat. In 2019, Milk not concentrated nor sweetened 1-6% fat were the world's 605th most traded product, with a total trade of $5.11B. Between 2018 and 2019 the exports of Milk not concentrated nor sweetened 1-6% fat decreased by -3.03%, from  $5.27B to $5.11B. Trade in Milk not concentrated nor sweetened 1-6% fat represent 0.028% of total world trade.

Exports: In 2019 the top exporters of Milk not concentrated nor sweetened 1-6% fat  were Germany ($830M), Czechia ($338M), France ($323M), Poland ($316M), and Belgium ($305M).

Imports: In 2019 the top importers of Milk not concentrated nor sweetened 1-6% fat were Germany ($913M), Italy ($528M), China ($495M), Netherlands ($370M), and Belgium ($287M).

Tariffs: In 2018 the average tariff for Milk not concentrated nor sweetened 1-6% fat was 52.4%, making it the 17th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Milk not concentrated nor sweetened 1-6% fat are Austria (568%), Norway (336%), Cyprus (288%), Turkey (149%), and Barbados (133%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Maldives (0%).

Ranking: Milk not concentrated nor sweetened 1-6% fat ranks 2816th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $830M

Top Destination (2019): Germany, $913M

Milk not concentrated nor sweetened 1-6% fat are the world's 605th most traded product.

In 2019, the top exporters of Milk not concentrated nor sweetened 1-6% fat were Germany ($830M), Czechia ($338M), France ($323M), Poland ($316M), and Belgium ($305M).

In 2019, the top importers of Milk not concentrated nor sweetened 1-6% fat were Germany ($913M), Italy ($528M), China ($495M), Netherlands ($370M), and Belgium ($287M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Poland, $58M

Top Destination Growth (2018 - 2019): China, $114M

Between 2018 and 2019, the exports of Milk not concentrated nor sweetened 1-6% fat grew the fastest in Poland ($58M), Germany ($47.4M), Uganda ($36M), Thailand ($27.6M), and New Zealand ($27.4M).

Between 2018 and 2019, the fastest growing importers of Milk not concentrated nor sweetened 1-6% fat were China ($114M), Kenya ($37.9M), Italy ($28M), Netherlands ($20.4M), and Denmark ($19.4M).

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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 Milk not concentrated nor sweetened 1-6% fat.

In 2019,  market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Milk not concentrated nor sweetened 1-6% fat are explained by 26 countries.

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TOP NET EXPORTER (2019): Czechia, $327M

TOP NET IMPORTER (2019): Italy, $496M

This map shows which countries export or import more of Milk not concentrated nor sweetened 1-6% fat. Each country is colored based on the difference in exports and imports of Milk not concentrated nor sweetened 1-6% fat during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Milk not concentrated nor sweetened 1-6% fat were Czechia ($327M), Poland ($252M), New Zealand ($228M), United Kingdom ($228M), and France ($223M).

In 2019, the countries that had a largest trade value in imports than in exports of Milk not concentrated nor sweetened 1-6% fat were Italy ($496M), China ($473M), Ireland ($227M), Netherlands ($145M), and Lithuania ($131M).

Import Tariffs

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In 2018, the average tariff for importing Milk not concentrated nor sweetened 1-6% fat was 52.4%.  The countries with the highest tariffs for importing Milk not concentrated nor sweetened 1-6% fat were Austria (568%), Norway (336%), Cyprus (288%), Turkey (149%), and Barbados (133%).

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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.