# Milk And Cream trade prices and signals | HS 040221 | Yugalinks

The featured reported corridor is New Zealand to China, with a unit value of $3,292.41 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | New Zealand to China | $3,416.49 | $5,657.03 | -39.6% | 387,594.4 t |
| 2023 | New Zealand to Algeria | $3,261.9 | $3,827.06 | -14.8% | 169,358.3 t |
| 2023 | New Zealand to United Arab Emirates | $3,293.17 | $3,260.3 | +1% | 96,017 t |
| 2023 | Uruguay to Brazil | $3,821.69 | $3,696.74 | +3.4% | 81,183.5 t |
| 2023 | Argentina to Brazil | $3,675.99 | $3,696.74 | -0.6% | 72,946.5 t |
| 2023 | New Zealand to Indonesia | $3,344.19 | $3,900 | -14.3% | 77,756.8 t |
| 2023 | New Zealand to Sri Lanka | $3,733.54 | $8,000 | -53.3% | 60,127.4 t |
| 2023 | New Zealand to Thailand | $3,200.34 | $6,629.19 | -51.7% | 68,307.7 t |
| 2023 | New Zealand to Bangladesh | $3,279.79 | $4,210.92 | -22.1% | 64,153.4 t |
| 2023 | China, Hong Kong Special Administrative Region to China | $23,216.04 | $5,657.03 | +310.4% | 8,957.9 t |
| 2023 | New Zealand to Malaysia | $3,623.38 | $4,333.67 | -16.4% | 53,257.5 t |
| 2023 | New Zealand to Saudi Arabia | $3,536.3 | $4,065.41 | -13% | 49,938 t |
| 2023 | New Zealand to Australia | $3,638.21 | $8,439.24 | -56.9% | 40,054.5 t |
| 2023 | United Arab Emirates to Iraq | $3,529.2 | $4,382.73 | -19.5% | 40,955.3 t |
| 2023 | New Zealand to Singapore | $3,136.42 | $5,113.28 | -38.7% | 40,633.1 t |
| 2023 | New Zealand to Other Asia, nes | $3,512.87 | $5,481.17 | -35.9% | 35,348.5 t |
| 2023 | New Zealand to Viet Nam | $3,391.8 | $4,159.09 | -18.4% | 35,646.3 t |
| 2023 | Uruguay to Algeria | $3,314.08 | $3,827.06 | -13.4% | 35,952.4 t |
| 2023 | China to China, Hong Kong Special Administrative Region | $19,534.19 | $8,354.65 | +133.8% | 6,037.5 t |
| 2023 | United Arab Emirates to Somalia | $3,632.18 | $4,407.85 | -17.6% | 32,222.2 t |
| 2023 | United Arab Emirates to Oman | $4,100.69 | $4,042.77 | +1.4% | 23,955.9 t |
| 2023 | Australia to China | $4,023.23 | $5,657.03 | -28.9% | 24,004.1 t |
| 2023 | United Arab Emirates to Yemen | $3,792.6 | $3,792.6 | 0% | 24,631.6 t |
| 2023 | China, Hong Kong Special Administrative Region to China, Macao SAR | $23,996.07 | $11,906.5 | +101.5% | 3,703.2 t |
| 2023 | New Zealand to Nigeria | $3,318.71 | $4,094.44 | -18.9% | 23,437.6 t |
| 2023 | Argentina to Algeria | $3,592.08 | $3,827.06 | -6.1% | 20,348.4 t |
| 2023 | Netherlands to China, Hong Kong Special Administrative Region | $14,931.12 | $8,354.65 | +78.7% | 4,827.4 t |
| 2023 | Viet Nam to Iraq | $4,407.86 | $4,382.73 | +0.6% | 15,729.8 t |
| 2023 | Netherlands to Kuwait | $6,352.3 | $3,382.4 | +87.8% | 10,646.3 t |
| 2023 | Germany to Belgium | $4,544.13 | $4,544.13 | 0% | 12,569.6 t |
| 2023 | USA to Peru | $4,070.1 | $4,070.1 | 0% | 13,340.2 t |
| 2023 | Oman to Iraq | $4,382.73 | $4,382.73 | 0% | 12,342.1 t |
| 2023 | New Zealand to China, Hong Kong Special Administrative Region | $8,158.49 | $8,354.65 | -2.3% | 6,527.9 t |
| 2023 | Netherlands to Germany | $4,018.01 | $5,039.74 | -20.3% | 13,197.3 t |
| 2023 | Ireland to United Arab Emirates | $3,198.08 | $3,260.3 | -1.9% | 16,446.4 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $935.8M | +158.3% | +86.2% |
| 2011 | $1.1B | +13.5% | +93% |
| 2012 | $1.3B | +21.1% | +52.6% |
| 2013 | $2.5B | +90.8% | +37.9% |
| 2014 | $2.7B | +9.8% | +36.4% |
| 2015 | $844.9M | -68.7% | -13.1% |
| 2016 | $918.0M | +8.7% | -28% |
| 2017 | $1.4B | +51.9% | -19.7% |
| 2018 | $1.5B | +6.4% | +20.7% |
| 2019 | $1.9B | +26.1% | +26.8% |
| 2020 | $1.8B | -2.5% | +9.3% |
| 2021 | $2.7B | +48.6% | +22.2% |
| 2022 | $2.1B | -22.5% | +3.9% |
| 2023 | $1.3B | -38.3% | -10.8% |
| 2024 | $1.3B | -1.9% | -22.3% |

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