European Union | Imports and Exports | World | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." from European Union totalled $ 2.02 billion in 2023. Sales of commodity group 0405 from European Union went up by 14.2% compared to 2022: exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." went up by $ 252 million (cumulative exports of commodity group 0405 from European Union amounted $1.77 billion in 2022)
Exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." amounted to 0.073% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 0405 in total exports from European Union increased by 0.002 p.p. compared to 2022 (it was 0.07% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 0405 amounted to 9.82% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $20 billion in 2023). The share of exports of commodity group 0405 in sales of commodity group from European Union lowered by 0.004 p.p. compared to 2022 (it was 9.82% in 2022, and exports of commodity group from European Union were $18 billion).
Where does European Union export Butter and other fats and oils derived from milk; dairy spreads.?
Top export destinations of "Butter and other fats and oils derived from milk; dairy spreads." from European Union in 2023:
- USA with a share of 20% (407 million US$)
- United Kingdom with a share of 15.9% (323 million US$)
- Saudi Arabia with a share of 6.54% (132 million US$)
- China with a share of 5.52% (112 million US$)
- Korea with a share of 4.96% (100 million US$)
- United Arab Emirates with a share of 2.87% (58 million US$)
- Indonesia with a share of 2.73% (55 million US$)
- Other Asia, nes with a share of 2.17% (44 million US$)
- Japan with a share of 2.12% (43 million US$)
- Morocco with a share of 2.04% (41 million US$)
Exports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - from European Union in 2023 represented by the following main commodity groups:
- 87% (1.77 billion US$): 040510 - Butter
- 10.3% (209 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
- 2.01% (40 million US$): 040520 - Dairy spreads
The value of imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." to European Union totalled $ 297 million in 2023. Sales of commodity group 0405 to European Union went up by 30% compared to 2022: imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." went up by $ 69 million (the value of imports of commodity group 0405 to European Union was equal to $228 million in 2022)
Imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." accounted for 0.01% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 0405 in total imports to European Union increased by 0.003 p.p. compared to 2022 (it was 0.007% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 0405 reached 10.5% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $2.81 billion in 2023). The share of purchases of commodity group 0405 in total imports of commodity group to European Union increased by 0.65 p.p. compared to 2022 (it was 9.91% in 2022, and imports of commodity group to European Union accounted for $2.3 billion).
Where does European Union import Butter and other fats and oils derived from milk; dairy spreads. from?
Top trading partners (import of "Butter and other fats and oils derived from milk; dairy spreads.") of European Union in 2023:
- United Kingdom with a share of 68% (203 million US$)
- New Zealand with a share of 28% (84 million US$)
- Norway with a share of 1.18% (3.53 million US$)
- Serbia - 2.63 million US$
- Ukraine - 2.09 million US$
- Bosnia and Herzegovina - 999 thousand US$
- Switzerland - 207 thousand US$
- USA - 186 thousand US$
- Japan - 134 thousand US$
- Turkey - 59 thousand US$
Imports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - to European Union in 2023 represented by the following main commodity groups:
- 50% (151 million US$): 040510 - Butter
- 48% (144 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
- 0.586% (1.74 million US$): 040520 - Dairy spreads
