U.S. dairy export volume up 7th straight month, despite coronavirus outbreak

USDEC

Value of $592 million most in 5+ years,
fueled by growth in SE Asia.

U.S. dairy exporters topped year-earlier levels for the seventh straight month in March, despite disruptions resulting from the coronavirus outbreak.

 





 

In March, U.S. suppliers shipped 190,456 tons of milk powders, cheese, whey products, lactose and butterfat, 2% more than the year before. This is the highest figure since May 2018. On a solids basis, exports were up 3%. Meanwhile, the value of all exports was the most since August 2014 – $592 million, 10% more than a year ago.

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Southeast Asia continues to be the main source of growth for U.S. suppliers. Shipments of SMP, WMP, whey, lactose and cheese were a record-high 49,729 tons in March, up 10%. Export value was just shy of $120 million, up 33% and the best month in more than five years. In the first quarter, the value of U.S. exports to the region were up 54% from a year ago (all Q1 percentages adjusted for leap day), led by a 40% increase in SMP sales and a 27% gain in cheese volume.

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The value of exports to South America and the Middle East/North Africa (MENA) region also was higher in March, and sales to the Caribbean (led by the Dominican Republic) reached a record high.

In all, NDM/SMP exports were 62,346 tons, up 4%. In addition to stronger sales to Indonesia and Malaysia, shipments to the MENA region were the most since July 2014 and suppliers grew sales to Colombia. These gains were partially offset by a 19% drop in volume to Mexico, which saw the lightest volume (daily-average basis) since January 2018.

U.S. NDM/SMP shipments in the first quarter were 186,360 tons, the most ever for Q1.

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Whey volumes continued to improve, posting a 7% gain. Volume of 44,380 tons was the highest in 19 months. The recovery in sales to China was noteworthy, with shipments reaching 12,793 tons, up 17%. In the first quarter, U.S. whey exports to China were up 21%. In March, shipments to Canada, Japan and New Zealand also were higher, while sales to Mexico were lower.

Higher-protein whey products fared well in the first quarter, with WPC up 24% and whey protein isolate (WPI) up 30%.

Meanwhile, total cheese exports were 33,356 tons in March, the most in 10 months, but down 10% from last March’s record volume. Sales to Mexico and Australia were higher than last year, but shipments to South Korea, Japan and the MENA region continued to lag.

Lactose exports were 32,634 tons, down 8% from last year but in line with volume from the previous five months. Sales to China, Mexico and Southeast Asia trailed year-ago levels.

U.S. suppliers posted improved sales of other dairy ingredients.

Shipments of milk protein concentrate were 5,550 tons, up 63% and the best month in almost six years. Most of the increase came from North Africa, which accounted for nearly half the sales.

Whole milk powder exports were more than double year-ago levels, with record sales to South America (mostly Peru).

 





 

Exports of food preps (blends) were 6,431 tons, up 46% and the most in more than two years. Volume was led by record sales to Canada.

Butterfat sales remain negligible. In the first quarter, shipments totaled just 5,405 tons, down 31% from last year.

On a total milk solids basis, U.S. exports were equivalent to 15.1% of U.S. milk solids production in March. In the first quarter of the year, exports were 14.9% of production.

To use interactive charts with current and historical trade data, see usdec.org’s page on U.S. export data.

To download a printable PDF summary with charts showing March trade data in detail, click here.  

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