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Milk and cream powder sweetened < 1.5% fat

040229 (Harmonized System 1992 for 6-digit)

2023
World Trade $573MRnk 2702 / 4644
2023
Top Exporter | Top Importer $70.5M | $47.4MGermany | Saudi Arabia
2023
Product Complexity -0.69Rnk 3492 / 4656
2022 - 2023
Export Growth (CAGR) -22.8%Rnk 3876 / 4644
2023
Share of World Trade 0.0025%Rnk 2702 / 4644

About

Overview This page contains the latest trade data of Sweetened Cream Powder (<1.5% Fat). In 2023, Sweetened Cream Powder (<1.5% Fat) were the world's 2702nd most traded product, with a total trade of $573M. Between 2022 and 2023 the exports of Sweetened Cream Powder (<1.5% Fat) decreased by -22.8%, from $742M to $573M. Trade in Sweetened Cream Powder (<1.5% Fat) represent 0.0025% of total world trade.

Sweetened Cream Powder (<1.5% Fat) are a part of Concentrated Milk.

Exports In 2023 the top exporters of Sweetened Cream Powder (<1.5% Fat)  were Germany ($70.5M), New Zealand ($67M), France ($59.7M), Netherlands ($50.3M), and Australia ($45.8M).

Imports In 2023 the top importers of Sweetened Cream Powder (<1.5% Fat) were Saudi Arabia ($47.4M), Germany ($44.2M), United Kingdom ($38.6M), Italy ($34.5M), and France ($29M).

Ranking Sweetened Cream Powder (<1.5% Fat) ranks 3492nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sweetened Cream Powder (<1.5% 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 (2023)Germany$70.5M
Top Destination (2023)Saudi Arabia$47.4M

In 2023 Sweetened Cream Powder (<1.5% Fat) were the world's 2702nd most traded product (out of 4,644).

In 2023, the top exporters of Sweetened Cream Powder (<1.5% Fat) were Germany ($70.5M), New Zealand ($67M), France ($59.7M), Netherlands ($50.3M), and Australia ($45.8M).

In 2023, the top importers of Sweetened Cream Powder (<1.5% Fat) were Saudi Arabia ($47.4M), Germany ($44.2M), United Kingdom ($38.6M), Italy ($34.5M), and France ($29M).

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Exporters of Sweetened Cream Powder (<1.5% Fat) (2023)
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Importers of Sweetened Cream Powder (<1.5% Fat) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Argentina$14.2M
Top Destination Growth (2022 -  2023)Cote d'Ivoire$20.3M

Between 2022 and 2023, the exports of Sweetened Cream Powder (<1.5% Fat) grew the fastest in Argentina ($14.2M), Saudi Arabia ($7.64M), Spain ($6.86M), France ($3.25M), and United States ($2.79M).

Between 2022 and 2023, the fastest growing importers of Sweetened Cream Powder (<1.5% Fat) were Cote d'Ivoire ($20.3M), Vietnam ($12.5M), Germany ($11M), Czechia ($6.38M), and Burkina Faso ($5.55M).

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Exporters of Sweetened Cream Powder (<1.5% Fat) (2022 - 2023)

Importers of Sweetened Cream Powder (<1.5% Fat) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sweetened Cream Powder (<1.5% Fat).

In 2023, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Sweetened Cream Powder (<1.5% Fat) are explained by 21 countries.

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Value of Exports in Sweetened Cream Powder (<1.5% Fat)

Net Trade

TOP NET EXPORTER (2023)New Zealand$66.4M
TOP NET IMPORTER (2023)Saudi Arabia$38.5M

This map shows which countries export or import more of Sweetened Cream Powder (<1.5% Fat). Each country is colored based on the difference in exports and imports of Sweetened Cream Powder (<1.5% Fat) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sweetened Cream Powder (<1.5% Fat) were New Zealand ($66.4M), Ireland ($43.7M), Australia ($37.7M), Netherlands ($35.7M), and France ($30.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Sweetened Cream Powder (<1.5% Fat) were Saudi Arabia ($38.5M), Italy ($30.8M), Cote d'Ivoire ($23.1M), Mauritius ($19.2M), and Maldives ($16.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Sweetened Cream Powder (<1.5% Fat).
It is possible to select the main countries that export or import Sweetened Cream Powder (<1.5% Fat) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sweetened Cream Powder (<1.5% 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 (2023)

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