Thailand: Impact of Thailand's Free Trade Agreements with Australia and New Zealand on US Dairy Exports to Thailand
The import tariffs and quotas for some Australian and New Zealand dairy products (including whole milk powder, whey, cheese, and anhydrous milk) were removed on January 1, 2021, while import tariffs and quotas for milk, cream, flavored milk, and skim milk powder will be eliminated in 2025. The removal of the import tariffs and quotas for Australian and New Zealand dairy products will impact the competitiveness of U.S. dairy products (skim milk powder and cheeses) in the Thai dairy market, which is already highly competitive and price sensitive. The export of both skim milk powder and cheese to Thailand was nearly U.S. $20 million in 2019.
