On this page, we provide with two graphs giving a general overview of the dairy industry's world market, in terms of the major exporting countries'export volume.
Considering the sum of the following products:
- HS 0406 - Cheese,
- HS 0405 - Butter,
- HS 040210 - SMP (Skimmed Milk Powder),
- HS 040221+040229 - WMP (Whole Milk Powder 26%),
- HS 040110+040120 - Bulk and pack. milk,
- HS 040130+040140+040150 - Cream,
- HS 0403 - Yogurt,
- HS 040291+040299 - Condensed milk,
- HS 190110 - Infant milk formula,
- HS 0404 - Whey Powder,
- HS 350110 - Casein,
- HS 350190 - Caseinates,
the first graph compares the quantity (tonnes), which is then translated by the second graph as an amount in USD ($US values).
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The graphs are showed together with tables that clearly display both quantity and values, Area by Area. Data is updated on an annual basis since it is incorporated within a framework of rapid evolution.
Indeed, when viewed in their global context, the following are found to be changing rapidly:
the supply of products placed on the international market in relation to the development of domestic demand (population/GDP) and the quantities of milk production;
demand for the same products (in relation to the purchasing country's change);
the measures taken by individual countries (in relation to political and strategic choices, customs protection policies, etc.);
climatic conditions (drought, floods, etc.);
exogenous events that can affect the dynamics of demand and supply (from epidemics to the quest for alternative energy sources, lifestyle changes, etc.)
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Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120,
040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 *
Quantities (Ton) - equivalent to 89% of Global Export |
| Geographic Area |
| AFRICA |
| AMERICA - CENTRAL SOUTH AND THE CARIBBEAN |
| ASIA |
| ASIA - SOUTHEAST |
| ASIA MIDDLE EAST |
| EUROPE (Other - EXTRA EU-27) |
| EUROPE - EU-27 |
| NORTHERN AMERICA |
| OCEANIA |
| TOTAL |
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| 2023 |
Share |
| 291.089 |
1% |
| 1.221.619 |
6% |
| 242.503 |
1% |
| 1.852.595 |
9% |
| 489.916 |
2% |
| 1.714.708 |
9% |
| 7.225.850 |
37% |
| 2.558.432 |
13% |
| 4.086.441 |
21% |
| 19.683.151 |
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| 2024 |
Share |
| 266.440 |
1% |
| 1.089.633 |
5% |
| 395.551 |
2% |
| 2.039.357 |
10% |
| 544.740 |
3% |
| 1.735.989 |
9% |
| 7.143.496 |
36% |
| 2.630.653 |
13% |
| 4.170.598 |
21% |
| 20.016.456 |
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| 2025 |
Share |
| 265.767 |
1% |
| 1.180.828 |
6% |
| 394.433 |
2% |
| 2.163.190 |
10% |
| 676.474 |
3% |
| 1.878.925 |
9% |
| 7.230.273 |
35% |
| 2.764.553 |
13% |
| 4.179.297 |
20% |
| 20.733.740 |
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| % 25 su 24 |
| -0,25% |
| +8,37% |
| -0,28% |
| +6,07% |
| +24,18% |
| +8,23% |
| +1,21% |
| +5,09% |
| +0,21% |
| +3,58% |
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Last update: 01-04-2026
* HS 040210: Skimmed Milk Powder (SMP)
HS 040221+040229: Whole Milk Powder 26% (WMP)
HS 0405: Butter
HS 0406: Cheese
HS 040110+040120: Bulk and pack. milk
HS 040130+040140+040150: Cream
HS 0403: Yogurt
HS 040291+040299: Condensed milk
HS 190110: Infant milk formula
HS 0404: Whey Powder
HS 350110: Casein
HS 350190: Caseinates
** data refers to export value divided by export volume (last year)
Source: IHS
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To find out which countries are among the reference geographical areas, click HERE
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Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120,
040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 *
Values (US$) |
| Geographic Area |
| AFRICA |
| AMERICA - CENTRAL SOUTH AND THE CARIBBEAN |
| ASIA |
| ASIA - SOUTHEAST |
| ASIA MIDDLE EAST |
| EUROPE (Other - EXTRA EU-27) |
| EUROPE - EU-27 |
| NORTHERN AMERICA |
| OCEANIA |
| TOTAL |
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| 2023 |
Share |
| 448.918.761 |
1% |
| 3.594.459.020 |
5% |
| 771.131.671 |
1% |
| 4.553.125.248 |
7% |
| 683.753.983 |
1% |
| 4.415.688.978 |
7% |
| 28.620.183.580 |
43% |
| 7.519.165.709 |
11% |
| 16.629.162.050 |
25% |
| 67.235.589.001 |
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| 2024 |
Share |
| 474.226.106 |
1% |
| 3.600.925.945 |
5% |
| 1.084.958.627 |
2% |
| 4.848.158.007 |
7% |
| 878.018.620 |
1% |
| 4.597.374.823 |
7% |
| 28.399.306.076 |
41% |
| 7.702.533.126 |
11% |
| 16.931.079.421 |
25% |
| 68.516.580.751 |
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| 2025 |
Share |
| 500.205.981 |
1% |
| 3.924.066.208 |
5% |
| 1.141.827.602 |
2% |
| 5.256.257.736 |
7% |
| 1.124.608.976 |
1% |
| 5.354.380.242 |
7% |
| 31.171.484.492 |
41% |
| 8.610.020.898 |
11% |
| 18.973.002.808 |
25% |
| 76.055.854.943 |
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| % 25 su 24 |
US$ per tons ** |
| +5,48% |
1.882 |
| +8,97% |
3.323 |
| +5,24% |
2.895 |
| +8,42% |
2.430 |
| +28,08% |
1.662 |
| +16,47% |
2.850 |
| +9,76% |
4.311 |
| +11,78% |
3.114 |
| +12,06% |
4.540 |
| +11,00% |
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Last update: 01-04-2026
* HS 040210: Skimmed Milk Powder (SMP)
HS 040221+040229: Whole Milk Powder 26% (WMP)
HS 0405: Butter
HS 0406: Cheese
HS 040110+040120: Bulk and pack. milk
HS 040130+040140+040150: Cream
HS 0403: Yogurt
HS 040291+040299: Condensed milk
HS 190110: Infant milk formula
HS 0404: Whey Powder
HS 350110: Casein
HS 350190: Caseinates
** Data refers to export value divided by export volume (last year)
Source: IHS
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