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Milk and cream powder unsweetened < 1.5% fat

040221 (Harmonized System 1992 for 6-digit)

2023
World Trade $10.4BRnk 345 / 4644
2023
Top Exporter | Top Importer $4.66B | $1.88BNew Zealand | China
2023
Product Complexity -1.08Rnk 3895 / 4656
2022 - 2023
Export Growth (CAGR) -14.1%Rnk 3154 / 4644
2023
Share of World Trade 0.046%Rnk 345 / 4644

About

Overview This page contains the latest trade data of Unsweetened Cream Powder (<1.5% Fat). In 2023, Unsweetened Cream Powder (<1.5% Fat) were the world's 345th most traded product, with a total trade of $10.4B. Between 2022 and 2023 the exports of Unsweetened Cream Powder (<1.5% Fat) decreased by -14.1%, from $12.1B to $10.4B. Trade in Unsweetened Cream Powder (<1.5% Fat) represent 0.046% of total world trade.

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

Exports In 2023 the top exporters of Unsweetened Cream Powder (<1.5% Fat)  were New Zealand ($4.66B), Netherlands ($676M), United Arab Emirates ($656M), Uruguay ($558M), and Argentina ($406M).

Imports In 2023 the top importers of Unsweetened Cream Powder (<1.5% Fat) were China ($1.88B), Algeria ($848M), Brazil ($627M), United Arab Emirates ($573M), and Hong Kong ($393M).

Ranking Unsweetened Cream Powder (<1.5% Fat) ranks 3895th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unsweetened 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)New Zealand$4.66B
Top Destination (2023)China$1.88B

In 2023 Unsweetened Cream Powder (<1.5% Fat) were the world's 345th most traded product (out of 4,644).

In 2023, the top exporters of Unsweetened Cream Powder (<1.5% Fat) were New Zealand ($4.66B), Netherlands ($676M), United Arab Emirates ($656M), Uruguay ($558M), and Argentina ($406M).

In 2023, the top importers of Unsweetened Cream Powder (<1.5% Fat) were China ($1.88B), Algeria ($848M), Brazil ($627M), United Arab Emirates ($573M), and Hong Kong ($393M).

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

Color
Top Origin Growth (2022 -  2023)China$61.7M
Top Destination Growth (2022 -  2023)Brazil$281M

Between 2022 and 2023, the exports of Unsweetened Cream Powder (<1.5% Fat) grew the fastest in China ($61.7M), Uruguay ($37.5M), Germany ($23.7M), Italy ($20.7M), and Paraguay ($14.7M).

Between 2022 and 2023, the fastest growing importers of Unsweetened Cream Powder (<1.5% Fat) were Brazil ($281M), Hong Kong ($127M), Sri Lanka ($79.3M), Macau ($27.6M), and North Korea ($22.2M).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Unsweetened Cream Powder (<1.5% Fat) are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2023)New Zealand$4.66B
TOP NET IMPORTER (2023)China$1.7B

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

In 2023, the countries that had a largest trade value in exports than in imports of Unsweetened Cream Powder (<1.5% Fat) were New Zealand ($4.66B), Netherlands ($563M), Uruguay ($558M), Argentina ($405M), and Ireland ($271M).

In 2023, the countries that had a largest trade value in imports than in exports of Unsweetened Cream Powder (<1.5% Fat) were China ($1.7B), Algeria ($848M), Brazil ($625M), Saudi Arabia ($289M), and Indonesia ($267M).

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 Unsweetened Cream Powder (<1.5% Fat).
It is possible to select the main countries that export or import Unsweetened Cream Powder (<1.5% Fat) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unsweetened 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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