HS Code:
The category 'Containing less than 21 percent by weight of milk solids' (specific HS Code not provided in the query, assumed to fall under HS Chapter 04 or related chapters for dairy products) typically includes dairy-based products or preparations with a low milk solid content. These products may encompass certain types of dairy blends, powdered mixes, or processed foods where milk solids are a minor component. This category is significant in global trade due to its use in food processing industries, confectionery, and beverage production. Trade in this category is influenced by dairy production capacities, consumer demand for processed foods, and international food safety standards.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO) Statistics
$600 million USD
24% of total trade of total trade
Increasing
$450 million USD
18% of total trade of total trade
Stable
$400 million USD
16% of total trade of total trade
Increasing
$300 million USD
12% of total trade of total trade
Stable
$250 million USD
10% of total trade of total trade
Increasing
Average Rate
6.5% ad valorem
Highest Rate
15% (applied by certain developing countries to protect local dairy industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA or RCEP)
Rising demand for low-milk-solid products in processed foods
Increased exports from dairy-rich countries to emerging markets in Asia and Africa due to growing food processing industries
2021-2022
Shift toward plant-based alternatives
Moderate competition for low-milk-solid products as consumers and manufacturers opt for vegan or lactose-free substitutes
2020-2022
Sustainability focus in dairy production
Countries with sustainable dairy practices (e.g., New Zealand, Netherlands) gaining market share due to consumer and regulatory preferences
2019-2022
The European Union signed a trade agreement with several Asian countries to reduce tariffs on dairy products, including those with low milk solid content, boosting export potential for member states like the Netherlands and Germany.
March 2023
Expected to increase EU market share in Asia by 5-7% over the next two years
Under the US-Mexico-Canada Agreement, adjustments to dairy import quotas have allowed greater access for U.S. low-milk-solid products into Canadian markets, easing previous restrictions.
January 2023
U.S. exports to Canada projected to rise by $50 million annually
New Zealand introduced a national certification for sustainable dairy production, enhancing the appeal of its low-milk-solid exports in environmentally conscious markets like the EU.
October 2022
Strengthens New Zealand’s position as a leading exporter, potentially increasing trade volume by 3-4%