Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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European Union | Imports and Exports | World | Butter | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 040510 "Butter" from European Union totalled $ 1.77 billion in 2023. Sales of commodity group 040510 from European Union went up by 13.7% compared to 2022: exports of commodity group 040510 "Butter" went up by $ 214 million (cumulative exports of commodity group 040510 from European Union amounted $1.56 billion in 2022)

Exports of commodity group 040510 "Butter" amounted to 0.064% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 040510 in total exports from European Union increased by 0.001 p.p. compared to 2022 (it was 0.062% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).

Exports of commodity group 040510 amounted to 8.61% 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 040510 in sales of commodity group from European Union lowered by 0.045 p.p. compared to 2022 (it was 8.65% in 2022, and exports of commodity group from European Union were $18 billion).

Exports of commodity group 040510 amounted to 87 percent of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to 2.02 billion USD in 2023). The share of exports of commodity group 040510 in sales of commodity group from European Union lowered by 0.428 p.p. compared to 2022 (it was 88 percent in 2022, and exports of commodity group from European Union amounted to 1.77 billion USD).

Where does European Union export Butter?

Top export destinations of "Butter" from European Union in 2023:

  • USA with a share of 22% (392 million US$)
  • United Kingdom with a share of 15.8% (281 million US$)
  • China with a share of 5.86% (104 million US$)
  • Saudi Arabia with a share of 5.7% (101 million US$)
  • Korea with a share of 5.38% (95 million US$)
  • United Arab Emirates with a share of 2.94% (52 million US$)
  • Morocco with a share of 2.29% (40 million US$)
  • Israel with a share of 2.13% (37 million US$)
  • Turkey with a share of 2.12% (37 million US$)
  • Indonesia with a share of 2.09% (37 million US$)

The value of imports of commodity group 040510 "Butter" to European Union totalled $ 151 million in 2023. Sales of commodity group 040510 to European Union went up by 25% compared to 2022: imports of commodity group 040510 "Butter" went up by $ 30 million (the value of imports of commodity group 040510 to European Union was equal to $120 million in 2022)

Imports of commodity group 040510 "Butter" accounted for 0.005% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 040510 in total imports to European Union increased by 0.001 p.p. compared to 2022 (it was 0.003% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).

Imports of commodity group 040510 reached 5.38% 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 040510 in total imports of commodity group to European Union increased by 0.135 p.p. compared to 2022 (it was 5.24% in 2022, and imports of commodity group to European Union accounted for $2.3 billion).

Imports of commodity group 040510 reached 50 percent of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled 297 million USD in 2023). The share of purchases of commodity group 040510 in imports of commodity group to European Union went down by 1.97 p.p. compared to 2022 (it was 52 percent in 2022, and imports of commodity group to European Union accounted for 228 million USD).

Where does European Union import Butter from?

Top trading partners (import of "Butter") of European Union in 2023:

  • United Kingdom with a share of 75% (114 million US$)
  • New Zealand with a share of 21% (32 million US$)
  • Norway with a share of 2.32% (3.53 million US$)
  • Ukraine - 853 thousand US$
  • Japan - 134 thousand US$
  • Switzerland - 122 thousand US$
  • Serbia - 113 thousand US$
  • Belarus - 49 thousand US$
  • Turkey - 29 thousand US$
  • Bosnia and Herzegovina - 21 thousand US$

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European Union | Imports and Exports | World | Butter | Value (US$) and Value Growth, YoY (%) | 2012 - 2023