# HS 040490 Natural Milk Constituents (Excluding global trade...

Reported global trade in natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04 reached $1.8B in 2024, with five-year annual growth of +7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.4B | +14.2% | +13.3% |
| 2014 | $1.6B | +14.6% | +9.9% |
| 2015 | $1.1B | -28.5% | -2.2% |
| 2016 | $1.1B | -5.1% | -8% |
| 2017 | $1.2B | +8.4% | -9.7% |
| 2018 | $1.2B | +3.8% | +2.2% |
| 2019 | $1.3B | +4.5% | +5.6% |
| 2020 | $1.4B | +8.6% | +5.6% |
| 2021 | $1.5B | +9.6% | +7.5% |
| 2022 | $1.8B | +22.4% | +13.4% |
| 2023 | $1.7B | -5.5% | +8.2% |
| 2024 | $1.8B | +1.8% | +5.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $385.3M | +10.7% | 33 |
| Republic of Korea | $146.6M | +8.6% | 30 |
| Mexico | $113.0M | +16.2% | 9 |
| Netherlands | $92.5M | +12.4% | 36 |
| Japan | $84.1M | +5.7% | 15 |
| Egypt | $74.8M | +4.9% | 20 |
| Italy | $73.9M | +3.2% | 21 |
| Germany | $71.5M | +1.4% | 37 |
| Spain | $43.8M | +8.2% | 19 |
| China | $43.0M | +15.8% | 25 |
| Poland | $38.6M | +4.8% | 25 |
| United Kingdom | $34.7M | -2.8% | 27 |

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