# HS 040110 Milk And Cream global trade data overview | Yugalinks

Reported global trade in milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content not exceeding 1% (by weight) reached $730.4M in 2024, with five-year annual growth of -5.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $967.6M | +23.5% | +9.7% |
| 2014 | $849.1M | -12.2% | +0.7% |
| 2015 | $698.5M | -17.7% | -3.8% |
| 2016 | $832.2M | +19.1% | -4.9% |
| 2017 | $843.4M | +1.4% | -0.2% |
| 2018 | $896.2M | +6.3% | +8.7% |
| 2019 | $958.1M | +6.9% | +4.8% |
| 2020 | $971.4M | +1.4% | +4.8% |
| 2021 | $895.9M | -7.8% | -0% |
| 2022 | $908.7M | +1.4% | -1.7% |
| 2023 | $876.9M | -3.5% | -3.4% |
| 2024 | $730.4M | -16.7% | -6.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Italy | $87.5M | -1.5% | 24 |
| United Arab Emirates | $81.8M | +5.6% | 38 |
| Belgium | $55.1M | -22.3% | 23 |
| Germany | $43.9M | -2% | 37 |
| China | $38.9M | -12.9% | 21 |
| France | $31.0M | +41.5% | 39 |
| Netherlands | $28.6M | -25% | 33 |
| Kuwait | $28.1M | +3.9% | 20 |
| Jordan | $27.9M | +9.6% | 12 |
| Oman | $20.2M | -2.5% | 11 |
| Spain | $16.7M | +14.9% | 31 |
| Bahrain | $16.5M | +23.3% | 23 |

_Source: reported merchandise trade data. Updated 2026-08-14._