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0404 · Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included

Catalog: 13,744 NCMs · 1,274 headings · 281 countries
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0404 · Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included · Exports · 2016-01 → 2026-06 · monthly
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Evolution · Volume & Average Price

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Composition by SH6

Share of each SH6 within the selected SH4, in FOB. Top 12 shown.

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Seasonality

Monthly index where 1.00 = yearly average. Shows which months the commodity is typically strong/weak based on export volume and FOB price for the current filter. · Average of 5 closed years (2021–2025)

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Price Elasticity

How volume reacts to price
For every +1% in price, volume drops 1.16%.

Each +1% in price coincided with a 1.16% drop in volume (β=-1.16, R²=0.09, n=122) with weak fit (noise dominates).

β-1.16R²0.09observations 122

By partner country · top 5

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Dashed line = aggregate β. Bars more transparent = weaker R² (less reliable fit).

›Show full table
CountryβR²nReading
China-6.320.6740very elastic · customer leaves on price
Philippines-5.110.2139very elastic · customer leaves on price
Singapore-4.880.6463very elastic · customer leaves on price
Paraguay-2.170.4592very elastic · customer leaves on price
Venezuela+0.410.0169procyclical · price and volume rise together
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Rankings · Top Destinations/Origins + Opportunities

Top 10 destinations · who pays the most

ordered by average price (highest → lowest) · share ≥ 0.5%

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#CountryFOBSharePriceActions
1PeruUS$ 508,1951.2%US$ 6.236/kgfilter
2EcuadorUS$ 486,7401.2%US$ 3.311/kgfilter
3VenezuelaUS$ 14.6 M35.3%US$ 2.668/kgfilter
4UruguayUS$ 444,1331.1%US$ 1.250/kgfilter
5BoliviaUS$ 370,7250.9%US$ 1.241/kgfilter
6ChileUS$ 2.3 M5.6%US$ 1.193/kgfilter
7PhilippinesUS$ 3.8 M9.2%US$ 1.011/kgfilter
8ArgentinaUS$ 1.7 M4.0%US$ 0.945/kgfilter
9ParaguayUS$ 3.4 M8.2%US$ 0.879/kgfilter
10SingaporeUS$ 3.1 M7.5%US$ 0.808/kgfilter

Partner positioning · price vs growth

top 30 partners · 12m window ending in 2026-06

›Show table ordered by FOB
#CountryFOB 12mSharePriceGrowth 12m
1ChinaUS$ 5.3 M41.0%US$ 0.741/kg+76.5%
2SingaporeUS$ 1.9 M14.6%US$ 1.066/kg+157.7%
3ParaguayUS$ 1.1 M8.4%US$ 1.003/kg+54.7%
4ChileUS$ 939,2887.3%US$ 1.156/kg+109.7%
5ArgentinaUS$ 898,2777.0%US$ 1.101/kg+133.9%
6PhilippinesUS$ 877,6806.8%US$ 0.903/kg-7.3%
7VenezuelaUS$ 667,0915.2%US$ 1.338/kg+7.5%
8PeruUS$ 493,7343.8%US$ 8.388/kg—
9EcuadorUS$ 182,5201.4%US$ 3.380/kg-40.0%
10AngolaUS$ 140,3421.1%US$ 1.280/kg+2007.9%
11EgyptUS$ 132,8401.0%US$ 0.820/kg—
12BoliviaUS$ 95,8200.7%US$ 1.299/kg+48.4%
13NigeriaUS$ 80,5280.6%US$ 0.766/kg+854.3%
Last years
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SH40404Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included