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Global Export to OPEC

 
On this page of consultation and study you can follow the flow of total export of SMP, WMP, butter, cheese, whey powder, liquid milk, condensed milk, yogurt, cream, infant milk formula and FFMP to OPEC (Organization of the Petroleum Exporting Countries) members.

The chart below shows the total exports to OPEC, broken down by product, for the current year compared with the same period of the previous years.

The table below shows the year-to-date values of:
  • average price of oil;
  • average price of whole milk powder (WMP) in Oceania;
  • average price of exports to OPEC;
  • global volumes exported to OPEC
compared to the same period of previous years.
OPEC countries included in the aggregate (Organization of the Petroleum Exporting Countries):

Algeria, Iran, Iraq, Kuwait, Libya, Nigeria, Saudita Arabia, Venezuela, Equatorial Guinea, Republic of the Congo, Gabon

Methodological note on historical data:
To ensure statistical consistency and homogeneous trends, the OPEC aggregate exclusively includes member countries as of May 1, 2026. Historical data has been retrospectively recalculated by excluding the United Arab Emirates (left on May 1, 2026), Angola (2024), Ecuador (2020), and Qatar (2019).
ℹ️ Notice Exporting countries included in the chart
AE → United Arab Emirates
AR → Argentina
AU → Australia
BO → Bolivia
BR → Brazil
CA → Canada
CH → Switzerland
CL → Chile
CN → China
CO → Colombia
CR → Costa Rica
DZ → Algeria
EU → EU-27
GB → United Kingdom
GT → Guatemala
HK → Hong Kong
IN → India
JP → Japan
KR → Korea, South
LK → Sri Lanka
MA → Morocco
MX → Mexico
NO → Norway
NP → Nepal
NZ → New Zealand
PE → Peru
PY → Paraguay
RS → Serbia
SA → Saudi Arabia
SG → Singapore
TH → Thailand
TR → Turkey
TW → Taiwan, Province of China
US → United States
UY → Uruguay
UZ → Uzbekistan
VN → Vietnam
ZA → South Africa
 
 
 
 
  Jan-Mar
2016
Jan-Mar
2017
Jan-Mar
2018
Jan-Mar
2019
Jan-Mar
2020
Jan-Mar
2021
Jan-Mar
2022
Jan-Mar
2023
Jan-Mar
2024
Jan-Mar
2025
Jan-Mar
2026
Average Oil Price (USD / bbl) 33,89 53,62 66,91 62,83 52,13 60,13 100,09 81,01 82,87 75,80 78,24
% change* - +58,2% +24,8% -6,1% -17,0% +15,4% +66,5% -19,1% +2,3% -8,5% +3,2%
Average WMP Price in Oceania (USD / Ton) 2.055 3.161 3.113 2.982 3.039 3.648 4.304 3.243 3.303 3.975 3.507
% Change* - +53,8% -1,5% -4,2% +1,9% +20,0% +18,0% -24,7% +1,9% +20,3% -11,8%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 2.574 2.799 2.830 2.692 3.068 3.115 3.740 3.597 3.225 3.507 3.305
% Change* - +8,7% +1,1% -4,9% +14,0% +1,5% +20,1% -3,8% -10,3% +8,7% -5,7%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 454 469 420 470 510 534 643 562 472 568 535
% change* - +3,2% -10,4% +12,0% +8,5% +4,6% +20,5% -12,6% -16,0% +20,3% -5,8%
Total Dairy Exports to OPEC Countries ('000 Tons) 213 233 293 253 246 206 197 192 250 204 163
% Change* - +9,3% +25,5% -13,4% -2,8% -16,4% -4,3% -2,5% +30,3% -18,5% -20,0%
Total Exports in ME to OPEC Countries ('000 Tons) 1.209 1.392 1.972 1.450 1.481 1.202 1.147 1.230 1.712 1.261 1.009
% Change* - +15,1% +41,7% -26,5% +2,1% -18,8% -4,6% +7,3% +39,1% -26,3% -20,0%
* Change calculated compared to the same period of the previous year.

Source Oil Price: U.S. Department of Energy, Energy Information Administration
           Whole Milk Powder (WMP) Price in Oceania: USDA
           Export: IHS
 
DAIRY PRODUCT EXPORT vs OPEC ('000 Ton)
Period: January-March
Product 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Var. %
Butter 23 13 19 22 5 5 5 3 3 6 4 -33,6%
FFMP 36 44 39 52 60 51 50 41 40 36 31 -11,7%
Whey powder 5 4 5 2 6 5 5 5 8 16 10 -35,5%
Cheese 18 20 19 19 18 15 15 12 15 18 11 -38,2%
WMP 74 85 116 94 90 80 77 72 104 73 62 -15,7%
SMP 42 50 83 50 57 40 39 52 71 49 40 -19,5%
Drinking milk 4 5 4 4 5 4 4 3 4 2 3 +14,1%
Cond. milk. 9 11 6 9 5 4 3 3 3 2 1 -42,8%
Cream 1 1 1 1 1 2 2 1 2 2 1 -35,5%
Total 213 233 293 253 246 206 197 192 250 204 163 -20,0%
Source Export: IHS
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