# HS 040520 Dairy Spreads global trade data overview | Yugalinks

Reported global trade in dairy spreads reached $390.2M in 2024, with five-year annual growth of +10.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $267.9M | -16.1% | +0.1% |
| 2014 | $326.3M | +21.8% | -2.6% |
| 2015 | $242.6M | -25.7% | -8.7% |
| 2016 | $210.2M | -13.4% | -7.8% |
| 2017 | $217.2M | +3.3% | -12.7% |
| 2018 | $236.5M | +8.9% | -0.8% |
| 2019 | $239.4M | +1.2% | +4.4% |
| 2020 | $234.3M | -2.1% | +2.6% |
| 2021 | $261.4M | +11.6% | +3.4% |
| 2022 | $301.7M | +15.4% | +8% |
| 2023 | $343.8M | +14% | +13.6% |
| 2024 | $390.2M | +13.5% | +14.3% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Russia | $62.3M | +7.2% | 2 |
| Saudi Arabia | $34.2M | +125.9% | 15 |
| United Arab Emirates | $32.4M | +27.4% | 28 |
| Azerbaijan | $28.8M | +50.8% | 6 |
| Republic of Korea | $21.6M | +3.7% | 7 |
| USA | $20.3M | +24.1% | 25 |
| Spain | $16.6M | +10.1% | 16 |
| Germany | $14.9M | -1.3% | 30 |
| Portugal | $13.1M | +5.2% | 9 |
| United Kingdom | $11.1M | -4.3% | 21 |
| Kuwait | $10.9M | +14.1% | 18 |
| France | $8.8M | -15.3% | 25 |

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