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040520 (Harmonized System 1996 for 6-digit)

2023
World Trade $338MRnk 3314 / 4766
2023
Top Exporter | Top Importer $74.8M | $49.3MNew Zealand | Saudi Arabia
2023
Product Complexity -0.12Rnk 2796 / 4780
2022 - 2023
Export Growth (CAGR) 15.3%Rnk 441 / 4766
2023
Share of World Trade 0.0015%Rnk 3314 / 4766

About

Overview This page contains the latest trade data of Dairy Spreads. In 2023, Dairy Spreads were the world's 3314th most traded product, with a total trade of $338M. Between 2022 and 2023 the exports of Dairy Spreads grew by 15.3%, from $293M to $338M. Trade in Dairy Spreads represent 0.0015% of total world trade.

Dairy Spreads are a part of Butter and other fats and oils derived from milk; dairy spreads.

Exports In 2023 the top exporters of Dairy Spreads  were New Zealand ($74.8M), Saudi Arabia ($35.1M), Germany ($33.1M), Belgium ($33M), and Ireland ($25.3M).

Imports In 2023 the top importers of Dairy Spreads were Saudi Arabia ($49.3M), South Korea ($36.6M), United Arab Emirates ($30.7M), United States ($23.3M), and Spain ($14M).

Ranking Dairy Spreads ranks 2796th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)New Zealand$74.8M
Top Destination (2023)Saudi Arabia$49.3M

In 2023 Dairy Spreads were the world's 3314th most traded product (out of 4,766).

In 2023, the top exporters of Dairy Spreads were New Zealand ($74.8M), Saudi Arabia ($35.1M), Germany ($33.1M), Belgium ($33M), and Ireland ($25.3M).

In 2023, the top importers of Dairy Spreads were Saudi Arabia ($49.3M), South Korea ($36.6M), United Arab Emirates ($30.7M), United States ($23.3M), and Spain ($14M).

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Exporters of Dairy Spreads (2023)
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Importers of Dairy Spreads (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)New Zealand$23.4M
Top Destination Growth (2022 -  2023)United Arab Emirates$16.3M

Between 2022 and 2023, the exports of Dairy Spreads grew the fastest in New Zealand ($23.4M), Saudi Arabia ($18.7M), Germany ($9.54M), Belarus ($5.52M), and Netherlands ($4.82M).

Between 2022 and 2023, the fastest growing importers of Dairy Spreads were United Arab Emirates ($16.3M), United States ($12M), Saudi Arabia ($10.2M), Kazakhstan ($5.87M), and France ($4.74M).

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Exporters of Dairy Spreads (2022 - 2023)

Importers of Dairy Spreads (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dairy Spreads.

In 2023, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Dairy Spreads are explained by 17 countries.

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Value of Exports in Dairy Spreads

Net Trade

TOP NET EXPORTER (2023)New Zealand$74.6M
TOP NET IMPORTER (2023)South Korea$36.6M

This map shows which countries export or import more of Dairy Spreads. Each country is colored based on the difference in exports and imports of Dairy Spreads during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Dairy Spreads were New Zealand ($74.6M), Belgium ($29M), Ireland ($23.5M), Germany ($21M), and Netherlands ($15.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Dairy Spreads were South Korea ($36.6M), United Arab Emirates ($30.3M), United States ($19.9M), Saudi Arabia ($14.2M), and Kuwait ($13M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Dairy Spreads.
It is possible to select the main countries that export or import Dairy Spreads in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dairy Spreads by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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