UK grows share of global dairy trade

Published 10 November 15

The UK saw its share of worldwide dairy trade grow in 2014 despite the downturn in prices. Its share rose from 2.2% to 2.4% of the total value of trade largely driven by bigger export volumes. In the case of cheese, UK exports also saw average prices increase year-on-year.

The EU also increased its share of dairy export trade, worth $95.6 billion globally, by 1.0% to 15.1%. This occurred despite the ban on dairy products to Russia as competitive pricing meant it gained ground in both the butter and powder markets.  

Shares of global dairy trade