2022
Exports | Imports
$247M | $15.7MWorld Rnk 14 / 151
Flag Rnk 93 / 1208
World Rnk 67 / 221
Flag Rnk 718 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.35Rnk 77 / 124
2022
PRODUCT COMPLEXITY IN Milk
0.057Rnk 532 / 1025

About

Exports In 2022, Australia exported $247M in Milk, making it the 14th largest exporter of Milk in the world. At the same year, Milk was the 93rd most exported product in Australia. The main destination of Milk exports from Australia are: China ($112M), Singapore ($33.3M), Philippines ($18.9M), Malaysia ($16.6M), and Hong Kong ($15.6M).

The fastest growing export markets for Milk of Australia between 2021 and 2022 were Philippines ($4.48M), South Korea ($4.31M), and Burma ($619k).

Imports In 2022, Australia imported $15.7M in Milk, becoming the 67th largest importer of Milk in the world. At the same year, Milk was the 718th most imported product in Australia. Australia imports Milk primarily from: New Zealand ($13.3M), Italy ($1.13M), Mexico ($455k), France ($248k), and Australia ($184k).

The fastest growing import markets in Milk for Australia between 2021 and 2022 were New Zealand ($4.39M), United States ($184k), and Australia ($111k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Milk from Australia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$247M
IMPORTS (2022)$15.7M
NET TRADE (2022)$232M

In 2022, Australia exported $247M in Milk. The main destinations of Australia exports on Milk were China ($112M), Singapore ($33.3M), Philippines ($18.9M), Malaysia ($16.6M), and Hong Kong ($15.6M).

In 2022, Australia imported $15.7M in Milk, mainly from New Zealand ($13.3M), Italy ($1.13M), Mexico ($455k), France ($248k), and Australia ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Philippines$4.48M (31.1%)
South Korea$4.31M (135%)
Burma$619k (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Australia WERE (2021 - 2022):
China-$22.6M (-16.8%)
Singapore-$4.4M (-11.7%)
Hong Kong-$4.2M (-21.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Milk were:
In 2022, Australia's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

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