Dairy products are rich in calcium and potassium and are efficient for the human body because they not only leverage the proper health of the bone supporting the entire structure but also regulate the blood pressure. The nutritional properties along with the rich and unique taste of the category-wise divided dairy products are included in a wide amount of different cuisines which is leading to a global increasing demand for its export in 2023.
The different technological advancements used in the industrial sectors for the production and proper methodologies for preparation like pasteurization and UHD treatment have boosted the export trade rate of dairy products tremendously. The recent projections made by the World Trade Organization regarding the global export trade value of dairy products have recorded that the export value is at a staggering rate of 98.3 billion U.S. dollars in 2023.
The export market of dairy products is a significant player in the global economy; According to the Global Dairy Product Export Data the top 10 exported variants of 2023 are,
1. Milk Powder – Global export valuation of milk powder in 2023 – 75 billion US dollars.
2. Cheese – Global export valuation of Cheese in 2023 – 56 billion US dollars.
3. Butter – Global export valuation of Butter in 2023 – 43 billion US dollars.
4. Yogurt – Global export valuation of Yogurt in 2023 – 32 billion US dollars.
5. Whey Protein – Global export valuation of Whey Protein in 2023 – 25 billion US dollars.
6. Condensed Milk – Global export valuation of Condensed Milk in 2023 – 20 billion US dollars.
7. Whipping Cream – Global export valuation of Whipping Cream in 2023 – 18 billion US dollars.
8. Flavored Milk – Global export valuation of Flavored Milk in 2023 –12 billion US dollars.
9. Lactose – Global export valuation of Lactose in 2023 – 10 billion US dollars.
10. Ice Cream – Global export valuation of Ice Cream in 2023 – 7 billion US dollars.
Dairy products have been an initial player in different households across the globe due to their unique taste and authenticity related to their histories over time. With the different nutritional benefits it provides ranging from the better functioning of the immune system to proper bone health and blood sugar level regulation, it becomes one of the most globally sought commodities across the globe. According to the global dairy products trade data the top 10 exporters of 2023 are,
1. New Zealand – According to the New Zealand Export Data, valuation of dairy products export in 2023 – 80 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Low-Fat Milk Powder
• Evaporated Milk
• Gouda Cheese
• Cream Cheese
• Probiotic Yogurt
2. European Union – According to the European Union Export Data, valuation of dairy products export in 2023 – 65 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Manchego Cheese
• Canned Milk
• Milk-Based Drinks
• Low-Fat Yogurt
• Heavy Cream
3. United States – According to the USA Export Data, the valuation of dairy products exported in 2023 – 52 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Gelato
• Salted Butter
• Clarified Butter
• String Cheese
• Cream Cheese
4. Australia – According to the Australia Export Data, valuation of dairy products export in 2023 – 48 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Infant Formula Milk
• Parmesan Cheese
• Brie Cheese
• Colby Cheese
• Flavored Yogurt
5. Switzerland – According to the Switzerland Export Data, valuation of dairy products export in 2023 – 44 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Butter Spread
• Clotted Cream
• Coconut Yogurt
• Strained Yogurt
• Provolone Cheese
6. Belarus – According to the Belarus Export Data, valuation of dairy products export in 2023 – 38 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Canned Milk
• Milk Concentrates
• Full Cream Milk Powder
• Whole Milk Powder
• Mozzarella Cheese
7. Argentina – According to the Argentina Export Data, valuation of dairy products export in 2023 – 24 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Halloumi Cheese
• Emmental Cheese
• Processed Cheese
• Drinking Yogurt
• Organic Butter
8. Uruguay – According to the Uruguay Export Data, the valuation of dairy products exported in 2023 – 18 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Heavy Cream
• Double Cream
• Soy-Based Yogurt
• Probiotic Yogurt
• Almond Milk Yogurt
9. Brazil – According to the Brazil Export Data, valuation of dairy products export in 2023 – 15 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Swiss cheese
• Mozzarella Cheese
• Cottage Cheese
• Organic Milk
• Flavored Milk
10. Canada – According to the Canada Export Data, valuation of dairy products export in 2023 – 10 billion US dollars.
TOP EXPORTED DAIRY PRODUCTS
• Cultured Butter
• Lactose-Free Yogurt
• Greek Yogurt
• Camembert Cheese
• Canned Milk
Que. Name the top globally exported dairy product.
Ans. Milk powder is the top globally exported dairy product of 2023.
Que. Who is the top exporter of dairy products in 2023?
Ans. New Zealand is the top exporter of dairy products in 2023.
Que. What is the global export trade value of dairy products in 2023?
Ans. The global export trade value of dairy products in 2023 is 98.3 billion U.S. dollars.
Que. Where can you get a detailed trade analysis of global dairy product exports in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of global dairy product exports in 2023.