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Milk and cream powder unsweetened < 1.5% fat

040221 (Harmonized System 1992 for 6-digit)

2022
World Trade $11.8BRnk 327 / 4648
2022
Top Exporter | Top Importer $5.44B | $2.39BNew Zealand | China
2022
Product Complexity -0.96Rnk 3764 / 4653
2021 - 2022
Export Growth (CAGR) 1.61%Rnk 2738 / 4648
2022
Share of World Trade 0.05%Rnk 327 / 4648

About

Overview This page contains the latest trade data of Unsweetened Cream Powder (<1.5% Fat). In 2022, Unsweetened Cream Powder (<1.5% Fat) were the world's 327th most traded product, with a total trade of $11.8B. Between 2021 and 2022 the exports of Unsweetened Cream Powder (<1.5% Fat) grew by 1.61%, from $11.6B to $11.8B. Trade in Unsweetened Cream Powder (<1.5% Fat) represent 0.05% of total world trade.

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

Exports In 2022 the top exporters of Unsweetened Cream Powder (<1.5% Fat)  were New Zealand ($5.44B), Netherlands ($761M), United Arab Emirates ($758M), Argentina ($618M), and Uruguay ($521M).

Imports In 2022 the top importers of Unsweetened Cream Powder (<1.5% Fat) were China ($2.39B), Algeria ($986M), United Arab Emirates ($545M), Oman ($496M), and Indonesia ($381M).

Ranking Unsweetened Cream Powder (<1.5% Fat) ranks 3764th in the Product Complexity Index (PCI).

Description -

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 (2022)New Zealand$5.44B
Top Destination (2022)China$2.39B

In 2022 Unsweetened Cream Powder (<1.5% Fat) were the world's 327th most traded product (out of 4,648).

In 2022, the top exporters of Unsweetened Cream Powder (<1.5% Fat) were New Zealand ($5.44B), Netherlands ($761M), United Arab Emirates ($758M), Argentina ($618M), and Uruguay ($521M).

In 2022, the top importers of Unsweetened Cream Powder (<1.5% Fat) were China ($2.39B), Algeria ($986M), United Arab Emirates ($545M), Oman ($496M), and Indonesia ($381M).

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

Color
Top Origin Growth (2021 -  2022)Argentina$165M
Top Destination Growth (2021 -  2022)Kuwait$302M

Between 2021 and 2022, the exports of Unsweetened Cream Powder (<1.5% Fat) grew the fastest in Argentina ($165M), United Arab Emirates ($127M), Netherlands ($119M), Germany ($106M), and Australia ($71.4M).

Between 2021 and 2022, the fastest growing importers of Unsweetened Cream Powder (<1.5% Fat) were Kuwait ($302M), Algeria ($215M), Brazil ($177M), Indonesia ($157M), and Oman ($153M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Unsweetened Cream Powder (<1.5% Fat) are explained by 10 countries.

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

Net Trade

TOP NET EXPORTER (2022)New Zealand$5.42B
TOP NET IMPORTER (2022)China$2.37B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Unsweetened Cream Powder (<1.5% Fat) were New Zealand ($5.42B), Argentina ($615M), Netherlands ($591M), Uruguay ($521M), and Ireland ($253M).

In 2022, the countries that had a largest trade value in imports than in exports of Unsweetened Cream Powder (<1.5% Fat) were China ($2.37B), Algeria ($986M), Indonesia ($379M), Kuwait ($357M), and Saudi Arabia ($340M).

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 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 (2022)

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