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Milk and cream powder sweetened < 1.5% fat

040229 (Harmonized System 1992 for 6-digit)

2022
World Trade $596MRnk 2750 / 4648
2022
Top Exporter | Top Importer $118M | $65.8MAustralia | United Arab Emirates
2022
Product Complexity -0.85Rnk 3656 / 4653
2021 - 2022
Export Growth (CAGR) 11.8%Rnk 1432 / 4648
2022
Share of World Trade 0.0025%Rnk 2750 / 4648

About

Overview This page contains the latest trade data of Sweetened Cream Powder (<1.5% Fat). In 2022, Sweetened Cream Powder (<1.5% Fat) were the world's 2750th most traded product, with a total trade of $596M. Between 2021 and 2022 the exports of Sweetened Cream Powder (<1.5% Fat) grew by 11.8%, from $533M to $596M. 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 2022 the top exporters of Sweetened Cream Powder (<1.5% Fat)  were Australia ($118M), Ireland ($56.6M), France ($55.1M), New Zealand ($52.6M), and Netherlands ($50.9M).

Imports In 2022 the top importers of Sweetened Cream Powder (<1.5% Fat) were United Arab Emirates ($65.8M), United Kingdom ($53.1M), Germany ($39.1M), China ($36.4M), and United States ($34M).

Ranking Sweetened Cream Powder (<1.5% Fat) ranks 3656th in the Product Complexity Index (PCI).

Description -

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 (2022)Australia$118M
Top Destination (2022)United Arab Emirates$65.8M

In 2022 Sweetened Cream Powder (<1.5% Fat) were the world's 2750th most traded product (out of 4,648).

In 2022, the top exporters of Sweetened Cream Powder (<1.5% Fat) were Australia ($118M), Ireland ($56.6M), France ($55.1M), New Zealand ($52.6M), and Netherlands ($50.9M).

In 2022, the top importers of Sweetened Cream Powder (<1.5% Fat) were United Arab Emirates ($65.8M), United Kingdom ($53.1M), Germany ($39.1M), China ($36.4M), and United States ($34M).

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Exporters of Sweetened Cream Powder (<1.5% Fat) (2022)
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Importers of Sweetened Cream Powder (<1.5% Fat) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Australia$82M
Top Destination Growth (2021 -  2022)United Arab Emirates$60.8M

Between 2021 and 2022, the exports of Sweetened Cream Powder (<1.5% Fat) grew the fastest in Australia ($82M), United Kingdom ($32.6M), United Arab Emirates ($4.03M), Uruguay ($4.01M), and Uganda ($3.93M).

Between 2021 and 2022, the fastest growing importers of Sweetened Cream Powder (<1.5% Fat) were United Arab Emirates ($60.8M), Indonesia ($31.1M), United States ($29.7M), Poland ($10.7M), and Egypt ($7.18M).

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Exporters of Sweetened Cream Powder (<1.5% Fat) (2021 - 2022)

Importers of Sweetened Cream Powder (<1.5% Fat) (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Sweetened Cream Powder (<1.5% Fat) are explained by 20 countries.

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

Net Trade

TOP NET EXPORTER (2022)Australia$114M
TOP NET IMPORTER (2022)United Arab Emirates$48.7M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sweetened Cream Powder (<1.5% Fat) were Australia ($114M), Ireland ($54.1M), New Zealand ($52.6M), Netherlands ($43.3M), and France ($40.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Sweetened Cream Powder (<1.5% Fat) were United Arab Emirates ($48.7M), Indonesia ($32M), China ($32M), United States ($30.9M), and Panama ($19.2M).

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 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 (2022)

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