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Global Export to OPEC
 
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.
OPEC countries included in the aggregate (Organization of the Petroleum Exporting Countries):

Algeria, Iran, Iraq, Kuwait, Libya, Nigeria, Saudita Arabia, Venezuela, Equatorial Guinea, Republic of the Congo, Gabon

Methodological note on historical data:
To ensure statistical consistency and homogeneous trends, the OPEC aggregate exclusively includes member countries as of May 1, 2026. Historical data has been retrospectively recalculated by excluding the United Arab Emirates (left on May 1, 2026), Angola (2024), Ecuador (2020), and Qatar (2019).
ℹ️ Notice Exporting countries included in the chart ▼
AE → United Arab Emirates
AR → Argentina
AU → Australia
BO → Bolivia
BR → Brazil
CA → Canada
CH → Switzerland
CL → Chile
CN → China
CR → Costa Rica
DZ → Algeria
EU → EU-27
GB → United Kingdom
GT → Guatemala
HK → Hong Kong
JP → Japan
KR → Korea, South
LK → Sri Lanka
MA → Morocco
MX → Mexico
NO → Norway
NP → Nepal
NZ → New Zealand
PE → Peru
PY → Paraguay
RS → Serbia
SA → Saudi Arabia
SG → Singapore
TH → Thailand
TR → Turkey
TW → Taiwan, Province of China
US → United States
UY → Uruguay
UZ → Uzbekistan
VN → Vietnam
ZA → South Africa
 
 
Show/Hide chart with import variation in Milk Equivalent
 
 
  Jan-Mar
2016		 Jan-Mar
2017		 Jan-Mar
2018		 Jan-Mar
2019		 Jan-Mar
2020		 Jan-Mar
2021		 Jan-Mar
2022		 Jan-Mar
2023		 Jan-Mar
2024		 Jan-Mar
2025		 Jan-Mar
2026
Average Oil Price (USD / bbl) 33,89 53,62 66,91 62,83 52,13 60,13 100,09 81,01 82,87 75,80 78,24
% change* - +58,2% +24,8% -6,1% -17,0% +15,4% +66,5% -19,1% +2,3% -8,5% +3,2%
Average WMP Price in Oceania (USD / Ton) 2.055 3.161 3.113 2.982 3.039 3.648 4.304 3.243 3.303 3.975 3.507
% Change* - +53,8% -1,5% -4,2% +1,9% +20,0% +18,0% -24,7% +1,9% +20,3% -11,8%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 2.572 2.797 2.827 2.689 3.065 3.111 3.740 3.594 3.217 3.510 3.300
% Change* - +8,7% +1,1% -4,9% +14,0% +1,5% +20,2% -3,9% -10,5% +9,1% -6,0%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 453 468 419 470 509 533 642 560 470 564 532
% change* - +3,2% -10,4% +12,0% +8,5% +4,5% +20,6% -12,8% -16,1% +20,1% -5,7%
Total Dairy Exports to OPEC Countries ('000 Tons) 213 233 292 253 246 205 196 191 248 200 161
% Change* - +9,2% +25,4% -13,3% -2,8% -16,5% -4,3% -2,8% +30,1% -19,6% -19,6%
Total Exports in ME to OPEC Countries ('000 Tons) 1.209 1.391 1.967 1.449 1.480 1.199 1.144 1.225 1.700 1.243 996
% Change* - +15,1% +41,4% -26,4% +2,1% -19,0% -4,6% +7,1% +38,8% -26,9% -19,8%
* 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
 
DAIRY PRODUCT EXPORT vs OPEC ('000 Ton)
Period: January-March
Product 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Var. %
Butter 23 13 19 21 4 5 4 3 3 5 4 -30,8%
FFMP 36 43 38 52 59 51 50 41 40 35 31 -10,5%
Whey powder 5 4 5 2 6 5 5 5 8 15 10 -36,0%
Cheese 18 20 19 19 18 15 15 12 15 18 11 -38,4%
WMP 74 85 116 94 90 80 77 71 103 71 61 -15,2%
SMP 42 50 83 50 57 40 38 52 71 49 40 -19,4%
Drinking milk 4 5 4 4 5 4 4 3 4 2 3 +12,7%
Cond. milk. 9 11 6 9 5 4 3 3 3 2 1 -44,3%
Cream 1 1 1 1 1 2 1 1 2 2 1 -36,4%
Total 213 233 292 253 246 205 196 191 248 200 161 -19,6%
Source Export: IHS
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