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Milk not concentrated nor sweetened < 1% fat

040110 (Harmonized System 1992 for 6-digit)

2022
World Trade $789MRnk 2451 / 4648
2022
Top Exporter | Top Importer $151M | $120MSaudi Arabia | Belgium
2022
Product Complexity -0.25Rnk 2883 / 4653
2021 - 2022
Export Growth (CAGR) -0.056%Rnk 2964 / 4648
2022
Share of World Trade 0.0033%Rnk 2451 / 4648

About

Overview This page contains the latest trade data of Milk (<1% Fat). In 2022, Milk (<1% Fat) were the world's 2451st most traded product, with a total trade of $789M. Between 2021 and 2022 the exports of Milk (<1% Fat) decreased by -0.056%, from $789M to $789M. Trade in Milk (<1% Fat) represent 0.0033% of total world trade.

Milk (<1% Fat) are a part of Milk.

Exports In 2022 the top exporters of Milk (<1% Fat)  were Saudi Arabia ($151M), Netherlands ($114M), Germany ($95.5M), France ($59.9M), and Austria ($39.4M).

Imports In 2022 the top importers of Milk (<1% Fat) were Belgium ($120M), Kuwait ($79.2M), Italy ($75.1M), China ($69.8M), and United Arab Emirates ($58.6M).

Ranking Milk (<1% Fat) ranks 2883rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Milk (<1% Fat). 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 (2022)Saudi Arabia$151M
Top Destination (2022)Belgium$120M

In 2022 Milk (<1% Fat) were the world's 2451st most traded product (out of 4,648).

In 2022, the top exporters of Milk (<1% Fat) were Saudi Arabia ($151M), Netherlands ($114M), Germany ($95.5M), France ($59.9M), and Austria ($39.4M).

In 2022, the top importers of Milk (<1% Fat) were Belgium ($120M), Kuwait ($79.2M), Italy ($75.1M), China ($69.8M), and United Arab Emirates ($58.6M).

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Exporters of Milk (<1% Fat) (2022)
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Importers of Milk (<1% Fat) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$44.9M
Top Destination Growth (2021 -  2022)Belgium$59.2M

Between 2021 and 2022, the exports of Milk (<1% Fat) grew the fastest in Netherlands ($44.9M), Denmark ($14.2M), Kuwait ($12.1M), Ireland ($11.9M), and France ($11.1M).

Between 2021 and 2022, the fastest growing importers of Milk (<1% Fat) were Belgium ($59.2M), Kuwait ($37M), United Kingdom ($9.47M), Italy ($9.4M), and United Arab Emirates ($6.86M).

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Exporters of Milk (<1% Fat) (2021 - 2022)

Importers of Milk (<1% Fat) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milk (<1% Fat).

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Milk (<1% Fat) are explained by 19 countries.

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Value of Exports in Milk (<1% Fat)

Net Trade

TOP NET EXPORTER (2022)Saudi Arabia$144M
TOP NET IMPORTER (2022)Belgium$81.1M

This map shows which countries export or import more of Milk (<1% Fat). Each country is colored based on the difference in exports and imports of Milk (<1% Fat) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Milk (<1% Fat) were Saudi Arabia ($144M), Netherlands ($58.7M), Germany ($53.7M), France ($51.7M), and Austria ($32.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Milk (<1% Fat) were Belgium ($81.1M), China ($69.6M), Italy ($67.3M), Kuwait ($63.1M), and United Arab Emirates ($50.6M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Milk (<1% Fat).
It is possible to select the main countries that export or import Milk (<1% Fat) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milk (<1% Fat) 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 (2022)

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