Dairy

U.S. dairy product exports grew by 8 percent to reach $5.9 billion in 2019 despite a turbulent year marked by trade policy issues and the impact of ASF which reduced export demand for U.S. shipments of whey products and lactose. This was the third year in a row that the value of U.S. dairy product exports expanded, registering an average annual growth rate of 8 percent. Mexico, Canada, and China are the top three markets, accounting for about 44 percent of sales. Southeast Asia remains a critical region for growth, with the value of dairy shipments up an impressive 22 percent over 2018. Exports to South America also grew at an impressive pace with exports to this region rising by 34 percent.

More information from the 2019 U.S. Agricultural Export Yearbook

Data & Analysis

October 22, 2020
The cheese market is expected to continue to grow as cheese becomes increasingly integrated in Korea’s dietary culture.
October 22, 2020
The Korean the ice cream market totaled $1.3 billion in 2019, down 20% from 2016.
October 22, 2020
Butter consumption in Korea has been steadily increasing as the Korean diet has grown more westernized.
October 22, 2020
2020 Argentine milk production is revised upwards to 11.35 million tons on favorable production conditions.