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On this page of consultation and study you can follow the flow of total export of SMP, WMP, butter, cheese, whey powder, liquid milk, condensed milk, yogurt, cream, infant milk formula and FFMP to OPEC (Organization of the Petroleum Exporting Countries) members.
The chart below shows the total exports to OPEC, broken down by product, for the current year compared with the same period of the previous years.
The table below shows the year-to-date values of:
- average price of oil;
- average price of whole milk powder (WMP) in Oceania;
- average price of exports to OPEC;
- global volumes exported to OPEC
compared to the same period of previous years.
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OPEC countries
(Organization of the Petroleum Exporting Countries):
Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela
Note: The United Arab Emirates has announced its withdrawal from OPEC and OPEC+ effective 1 May 2026. This information is provided for contextual updating purposes and may be subject to further institutional revisions.
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ℹ️ Notice
Exporting countries included in the chart
▼
Liquid milk Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BR= Brazil CA= Canada CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay VN= Vietnam HK= Hong Kong RS= Serbia
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Cream Exporters considered:
EU-27= EU-27 AU= Australia BR= Brazil CA= Canada CN= China CO= Colombia IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay VN= Vietnam HK= Hong Kong RS= Serbia
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Yogurt Exporters considered:
EU-27= EU-27 DZ= Algeria AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan VN= Vietnam HK= Hong Kong RS= Serbia
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Butter Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay VN= Vietnam HK= Hong Kong RS= Serbia
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Cheese Exporters considered:
EU-27= EU-27 DZ= Algeria AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PH= Philippines SA= Saudi Arabia SG= Singapore LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan VN= Vietnam HK= Hong Kong RS= Serbia
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WMP Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NP= Nepal NZ= New Zealand NO= Norway PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan VN= Vietnam HK= Hong Kong
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SMP Exporters considered:
EU-27= EU-27 DZ= Algeria AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NP= Nepal NZ= New Zealand NO= Norway PH= Philippines SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan VN= Vietnam HK= Hong Kong RS= Serbia
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Whey powder Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States UY= Uruguay VN= Vietnam HK= Hong Kong RS= Serbia
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Condensed Milk Exporters considered:
EU-27= EU-27 AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey AE= United Arab Emirates GB= United Kingdom US= United States VN= Vietnam HK= Hong Kong RS= Serbia
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FFMP Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica IN= India JP= Japan KR= Korea, South MY= Malaysia MX= Mexico MA= Morocco NZ= New Zealand NO= Norway PY= Paraguay PH= Philippines SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey GB= United Kingdom US= United States UY= Uruguay VN= Vietnam HK= Hong Kong RS= Serbia
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Jan-Feb 2016 |
Jan-Feb 2017 |
Jan-Feb 2018 |
Jan-Feb 2019 |
Jan-Feb 2020 |
Jan-Feb 2021 |
Jan-Feb 2022 |
Jan-Feb 2023 |
Jan-Feb 2024 |
Jan-Feb 2025 |
Jan-Feb 2026 |
| Average Oil Price (USD / bbl) |
31,93 |
54,77 |
67,31 |
60,89 |
60,40 |
57,66 |
91,40 |
82,42 |
81,40 |
77,27 |
68,12 |
| % change* |
- |
+71,5% |
+22,9% |
-9,5% |
-0,8% |
-4,5% |
+58,5% |
-9,8% |
-1,2% |
-5,1% |
-11,8% |
| Average WMP Price in Oceania (USD / Ton) |
2.067 |
3.222 |
3.019 |
2.828 |
3.105 |
3.416 |
4.144 |
3.228 |
3.316 |
3.968 |
3.413 |
| % Change* |
- |
+55,9% |
-6,3% |
-6,3% |
+9,8% |
+10,0% |
+21,3% |
-22,1% |
+2,7% |
+19,7% |
-14,0% |
| Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) |
2.594 |
2.763 |
2.955 |
2.736 |
2.925 |
2.998 |
3.521 |
3.520 |
3.280 |
3.639 |
3.526 |
| % Change* |
- |
+6,5% |
+6,9% |
-7,4% |
+6,9% |
+2,5% |
+17,4% |
0,0% |
-6,8% |
+10,9% |
-3,1% |
| Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) |
512 |
550 |
537 |
571 |
603 |
641 |
721 |
706 |
569 |
707 |
692 |
| % change* |
- |
+7,5% |
-2,5% |
+6,3% |
+5,7% |
+6,2% |
+12,6% |
-2,1% |
-19,5% |
+24,3% |
-2,1% |
| Total Dairy Exports to OPEC Countries ('000 Tons) |
309 |
327 |
365 |
368 |
360 |
313 |
290 |
297 |
365 |
313 |
315 |
| % Change* |
- |
+5,8% |
+11,6% |
+0,9% |
-2,2% |
-13,0% |
-7,5% |
+2,4% |
+23,1% |
-14,2% |
+0,6% |
| Total Exports in ME to OPEC Countries ('000 Tons) |
1.566 |
1.641 |
2.008 |
1.765 |
1.746 |
1.466 |
1.415 |
1.479 |
2.106 |
1.612 |
1.605 |
| % Change* |
- |
+4,8% |
+22,3% |
-12,1% |
-1,1% |
-16,0% |
-3,5% |
+4,5% |
+42,4% |
-23,5% |
-0,5% |
* Change calculated compared to the same period of the previous year.
Source Oil Price: U.S. Department of Energy, Energy Information Administration
Whole Milk Powder (WMP) Price in Oceania: USDA
Export: IHS
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DAIRY PRODUCT EXPORT vs OPEC
('000 Ton)
Period: January-February |
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| Product |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
2026 |
Var. % |
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Butter |
33 |
21 |
26 |
32 |
17 |
16 |
20 |
15 |
19 |
22 |
21 |
-3,1% |
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FFMP |
53 |
60 |
60 |
74 |
86 |
71 |
66 |
66 |
65 |
66 |
73 |
+11,7% |
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Whey powder |
6 |
6 |
6 |
4 |
7 |
7 |
7 |
8 |
11 |
14 |
12 |
-15,4% |
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Cheese |
36 |
35 |
35 |
39 |
39 |
37 |
36 |
34 |
36 |
37 |
33 |
-11,9% |
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WMP |
89 |
96 |
122 |
100 |
98 |
92 |
85 |
83 |
130 |
92 |
88 |
-4,2% |
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SMP |
47 |
48 |
64 |
51 |
53 |
34 |
37 |
44 |
68 |
49 |
55 |
+12,4% |
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Drinking milk |
13 |
22 |
14 |
16 |
23 |
17 |
13 |
12 |
6 |
5 |
6 |
+15,6% |
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Cond. milk. |
29 |
32 |
32 |
44 |
28 |
31 |
23 |
30 |
23 |
24 |
21 |
-11,8% |
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Cream |
5 |
7 |
7 |
8 |
8 |
9 |
5 |
4 |
6 |
5 |
6 |
+22,8% |
| Total |
309
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327
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365
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368
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360
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313
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290
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297
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365
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313
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315
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+0,6%
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Source Export: IHS
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