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350220 (Harmonized System 1996 for 6-digit)

2022
World Trade $2.89BRnk 1197 / 4769
2022
Top Exporter | Top Importer $758M | $443MUnited States | China
2022
Product Complexity 0.5Rnk 1684 / 4776
2021 - 2022
Export Growth (CAGR) 37.6%Rnk 281 / 4769
2022
Share of World Trade 0.012%Rnk 1197 / 4769

About

Overview This page contains the latest trade data of Milk Protein: Contains concentrated whey proteins. In 2022, Milk Protein: Contains concentrated whey proteins were the world's 1197th most traded product, with a total trade of $2.89B. Between 2021 and 2022 the exports of Milk Protein: Contains concentrated whey proteins grew by 37.6%, from $2.1B to $2.89B. Trade in Milk Protein: Contains concentrated whey proteins represent 0.012% of total world trade.

Milk Protein: Contains concentrated whey proteins are a part of Albumins (including concentrates of two or more whey proteins, containing by weight....

Exports In 2022 the top exporters of Milk Protein: Contains concentrated whey proteins  were United States ($758M), Germany ($436M), Netherlands ($342M), New Zealand ($268M), and Denmark ($228M).

Imports In 2022 the top importers of Milk Protein: Contains concentrated whey proteins were China ($443M), Japan ($354M), Netherlands ($227M), Germany ($192M), and United Kingdom ($170M).

Ranking Milk Protein: Contains concentrated whey proteins ranks 1684th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Milk Protein: Contains concentrated whey proteins. 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)United States$758M
Top Destination (2022)China$443M

In 2022 Milk Protein: Contains concentrated whey proteins were the world's 1197th most traded product (out of 4,769).

In 2022, the top exporters of Milk Protein: Contains concentrated whey proteins were United States ($758M), Germany ($436M), Netherlands ($342M), New Zealand ($268M), and Denmark ($228M).

In 2022, the top importers of Milk Protein: Contains concentrated whey proteins were China ($443M), Japan ($354M), Netherlands ($227M), Germany ($192M), and United Kingdom ($170M).

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Exporters of Milk Protein: Contains concentrated whey proteins (2022)
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Importers of Milk Protein: Contains concentrated whey proteins (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$268M
Top Destination Growth (2021 -  2022)Japan$115M

Between 2021 and 2022, the exports of Milk Protein: Contains concentrated whey proteins grew the fastest in United States ($268M), Germany ($102M), Poland ($63.4M), Netherlands ($59.1M), and Denmark ($56.6M).

Between 2021 and 2022, the fastest growing importers of Milk Protein: Contains concentrated whey proteins were Japan ($115M), China ($96.1M), Netherlands ($89.8M), Germany ($54.9M), and United Kingdom ($51.1M).

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Exporters of Milk Protein: Contains concentrated whey proteins (2021 - 2022)

Importers of Milk Protein: Contains concentrated whey proteins (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milk Protein: Contains concentrated whey proteins.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Milk Protein: Contains concentrated whey proteins are explained by 10 countries.

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Value of Exports in Milk Protein: Contains concentrated whey proteins

Net Trade

TOP NET EXPORTER (2022)United States$624M
TOP NET IMPORTER (2022)China$438M

This map shows which countries export or import more of Milk Protein: Contains concentrated whey proteins. Each country is colored based on the difference in exports and imports of Milk Protein: Contains concentrated whey proteins during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Milk Protein: Contains concentrated whey proteins were United States ($624M), New Zealand ($257M), Germany ($244M), Denmark ($147M), and Netherlands ($114M).

In 2022, the countries that had a largest trade value in imports than in exports of Milk Protein: Contains concentrated whey proteins were China ($438M), Japan ($354M), India ($137M), Canada ($127M), and South Korea ($97.3M).

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 Protein: Contains concentrated whey proteins.
It is possible to select the main countries that export or import Milk Protein: Contains concentrated whey proteins in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milk Protein: Contains concentrated whey proteins 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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