Dairy Products
U.S. Dairy Products Exports in 2022
Total Export Value
$9.55 Billion
Total Volume (Millions)
3 Metric Tons
3-Year Average
$7.86 Billion
Compound Average Growth
3.6% (2013-2022)
Top 10 Markets for Dairy Products in 2022
| Market | Total Value (USD) |
|---|---|
| Mexico | $2.44 Billion |
| Canada | $1.03 Billion |
| China | $802.81 Million |
| Philippines | $581.87 Million |
| South Korea | $568.63 Million |
| Japan | $520.53 Million |
| Indonesia | $452.94 Million |
| Vietnam | $224.04 Million |
| Malaysia | $218.75 Million |
| Australia | $216 Million |
Data and Analysis
Milk production for 2024 in Australia is forecast to increase by 0.6 percent to 8.50 million metric tons (MMT) after stabilizing in 2023 at an estimated 8.45 MMT from previous years of declining production. The forecast is amid an El Niño weather pattern in late 2023, likely to continue into 2024.
Due to the severe drought, Post forecasts a slight decrease in dairy output, estimating a decline of just over one percent to 11,441,000 MT in volume by the end of 2023 compared to 2022. Projections for 2024 are complex as several factors could lead to a significant drop in production, particularly during the first half of the year.
On October 25, 2023, China notified the National Food Safety Standard for Raw Milk No. 1 Amendment to the World Trade Organization (WTO) under G/SPS/N/CHN/1288.
News and Features
A dispute settlement panel established under the USMCA has released a report regarding Canada’s dairy tariff-rate quota allocation measures.
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a trade mission to Santiago, Chile.
May is World Trade Month, and USDA's Foreign Agricultural Service is marking the occasion by sharing some of the most recent facts and figures about U.S. agricultural trade.