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Where does China get its milk powder and condensed milk? Import sources 2024

In 2024, China imported $2.6 billion of milk powder and condensed milk (689 thousand tonnes), 12.2% of the world total. New Zealand sold 66% of the total, followed by Australia (13%) and Hong Kong (10%). China was the world’s largest importer of milk powder and condensed milk.

Summary

Value
$2.6billion
Tonnes
689thousand tonnes
Share of world total
12.2%
World rank
1st
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
New Zealand1.7Tonnes: 537,575USD per tonne: $3,21066.1%Sea
Australia0.33Tonnes: 55,752USD per tonne: $5,87712.5%Sea
Hong Kong re-exports0.26Tonnes: 13,092USD per tonne: $19,87310%Land
Netherlands re-exports0.1Tonnes: 21,907USD per tonne: $4,3993.7%Sea
Finland0.04Tonnes: 17,191USD per tonne: $2,5351.7%Sea
France0.02Tonnes: 4,762USD per tonne: $4,7080.86%Sea
United States0.02Tonnes: 7,764USD per tonne: $2,8710.85%Sea
Belarus0.02Tonnes: 9,019USD per tonne: $2,1900.76%Sea
Malaysia0.01Tonnes: 2,927USD per tonne: $5,0190.56%Sea
Germany0.01Tonnes: 3,709USD per tonne: $2,8730.41%Sea
Spain0.01Tonnes: 924USD per tonne: $8,9130.32%Sea
Denmark0.01Tonnes: 512USD per tonne: $14,0720.28%Sea
Switzerland0.01Tonnes: 2,406USD per tonne: $2,9270.27%Sea
Italy0.01Tonnes: 2,158USD per tonne: $3,1300.26%Sea
Poland0.01Tonnes: 2,370USD per tonne: $2,7650.25%Sea
United Kingdom0.01Tonnes: 248USD per tonne: $22,5420.21%Sea
United Arab Emirates< 0.01Tonnes: 100USD per tonne: $46,8500.18%Air
Russia< 0.01Tonnes: 892USD per tonne: $4,5380.15%Land
Belgium re-exports< 0.01Tonnes: 739USD per tonne: $5,1800.15%Sea
Sweden< 0.01Tonnes: 1,033USD per tonne: $2,9780.12%Sea

Trend

Who it buys from

New Zealand has been its main source since 1997

Value in USD billions. The five largest sources in 2024.

  • New Zealand 1.7
  • Australia 0.33
  • Hong Kong 0.26
  • Netherlands 0.1
  • Finland 0.04

Source: CEPII BACI

Show the numbers
Partner19952024
New Zealand0.011.7
Australia< 0.010.33
Hong Kong< 0.010.26
Netherlands0.010.1
Finland00.04

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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