# HS 040229 Milk And Cream global trade data overview | Yugalinks

Reported global trade in milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) reached $392.6M in 2024, with five-year annual growth of -5.1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $719.9M | +5.2% | +4.5% |
| 2014 | $686.3M | -4.7% | +0.2% |
| 2015 | $628.7M | -8.4% | -2.8% |
| 2016 | $534.4M | -15% | -9.5% |
| 2017 | $528.2M | -1.2% | -8.4% |
| 2018 | $572.6M | +8.4% | -3.1% |
| 2019 | $510.3M | -10.9% | -1.5% |
| 2020 | $461.6M | -9.5% | -4.4% |
| 2021 | $463.5M | +0.4% | -6.8% |
| 2022 | $487.9M | +5.3% | -1.5% |
| 2023 | $548.9M | +12.5% | +5.9% |
| 2024 | $392.6M | -28.5% | -5.4% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $58.1M | +18.5% | 30 |
| Saudi Arabia | $28.3M | -2% | 21 |
| China | $24.3M | -21.7% | 30 |
| United Kingdom | $17.2M | -7.3% | 25 |
| Netherlands | $15.6M | -9.3% | 27 |
| Italy | $15.4M | +1.2% | 18 |
| France | $14.0M | -13.1% | 36 |
| Spain | $12.4M | +10.9% | 16 |
| United Arab Emirates | $12.4M | +14.6% | 25 |
| Gabon | $9.5M | +13.7% | 20 |
| Australia | $9.2M | -7% | 17 |
| Singapore | $8.2M | +5.7% | 29 |

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