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Who buys New Zealand’s milk powder and condensed milk? Export destinations 2024

In 2024, New Zealand exported $6.1 billion of milk powder and condensed milk (1.9 million tonnes), 28.7% of the world total. Its main destinations were China (28%), Algeria (8%) and Indonesia (7%). New Zealand was the world’s largest exporter of milk powder and condensed milk.

Summary

Value
$6.1billion
Tonnes
1.9million tonnes
Share of world total
28.7%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.7Tonnes: 537,575USD per tonne: $3,21028.2%Sea
Algeria0.49Tonnes: 147,289USD per tonne: $3,3168%Sea
Indonesia0.45Tonnes: 151,638USD per tonne: $2,9427.3%Sea
Malaysia0.33Tonnes: 96,202USD per tonne: $3,4515.4%Sea
United Arab Emirates0.33Tonnes: 100,383USD per tonne: $3,2945.4%Sea
Saudi Arabia0.29Tonnes: 90,435USD per tonne: $3,2084.7%Sea
Thailand0.26Tonnes: 87,984USD per tonne: $2,9784.3%Sea
Bangladesh0.23Tonnes: 68,689USD per tonne: $3,3523.8%Sea
Taiwan0.22Tonnes: 69,204USD per tonne: $3,1573.6%Sea
Sri Lanka0.19Tonnes: 56,676USD per tonne: $3,3153.1%Sea
Singapore re-exports0.19Tonnes: 68,090USD per tonne: $2,7273%Sea
Australia0.16Tonnes: 44,025USD per tonne: $3,5292.5%Sea
Vietnam0.15Tonnes: 48,568USD per tonne: $3,0372.4%Sea
Hong Kong re-exports0.15Tonnes: 9,927USD per tonne: $14,7432.4%Sea
Nigeria0.13Tonnes: 32,998USD per tonne: $3,8492.1%Sea
Philippines0.13Tonnes: 44,033USD per tonne: $2,8432%Sea
Oman0.09Tonnes: 25,650USD per tonne: $3,3821.4%Sea
Libya0.07Tonnes: 21,386USD per tonne: $3,0771.1%Sea
Egypt0.06Tonnes: 17,523USD per tonne: $3,6541.1%Sea
Mauritius0.05Tonnes: 11,895USD per tonne: $4,1320.8%Sea

Trend

Who it sells to

China has been its main destination since 2009

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

  • China 1.7
  • Algeria 0.49
  • Indonesia 0.45
  • Malaysia 0.33
  • United Arab Emirates 0.33

Source: CEPII BACI

Show the numbers
Partner19952024
China0.011.7
Algeria0.060.49
Indonesia0.030.45
Malaysia0.120.33
United Arab Emirates0.010.33

Sources and methodology

Other products of this country

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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