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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
CR → Costa Rica
DZ → Algeria
EU → EU-27
HK → Hong Kong
IN → India
JP → Japan
KR → Korea, South
LK → Sri Lanka
MX → Mexico
NO → Norway
NP → Nepal
NZ → New Zealand
PE → Peru
PY → Paraguay
SA → Saudi Arabia
SG → Singapore
TH → Thailand
TR → Turkey
TW → Taiwan, Province of China
US → United States
UY → Uruguay
UZ → Uzbekistan
ZA → South Africa
 
 
 
 
  Jan-May
2016
Jan-May
2017
Jan-May
2018
Jan-May
2019
Jan-May
2020
Jan-May
2021
Jan-May
2022
Jan-May
2023
Jan-May
2024
Jan-May
2025
Jan-May
2026
Average Oil Price (USD / bbl) 37,79 52,75 69,77 66,29 40,43 62,65 103,77 80,73 84,06 71,99 92,43
% change* - +39,6% +32,3% -5,0% -39,0% +54,9% +65,6% -22,2% +4,1% -14,4% +28,4%
Average WMP Price in Oceania (USD / Ton) 2.050 3.147 3.177 3.089 2.930 3.853 4.249 3.210 3.305 4.053 3.578
% Change* - +53,5% +1,0% -2,8% -5,2% +31,5% +10,3% -24,4% +3,0% +22,6% -11,7%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 2.490 2.490 2.731 2.539 2.976 3.041 3.733 3.501 3.210 3.502 3.561
% Change* - 0,0% +9,7% -7,0% +17,2% +2,2% +22,7% -6,2% -8,3% +9,1% +1,7%
Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) 418 410 427 471 473 510 619 528 484 565 700
% change* - -1,8% +4,0% +10,4% +0,4% +7,9% +21,3% -14,7% -8,4% +16,8% +23,9%
Total Dairy Exports to OPEC Countries ('000 Tons) 376 443 462 389 405 344 346 366 408 313 230
% Change* - +18,0% +4,2% -15,7% +4,1% -15,2% +0,7% +5,8% +11,3% -23,2% -26,5%
Total Exports in ME to OPEC Countries ('000 Tons) 2.240 2.692 2.957 2.099 2.549 2.050 2.088 2.428 2.707 1.943 1.171
% Change* - +20,2% +9,9% -29,0% +21,5% -19,6% +1,9% +16,3% +11,5% -28,2% -39,7%
* 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-May
Product 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Var. %
Butter 33 23 27 43 9 7 7 8 6 8 6 -22,8%
FFMP 61 79 85 84 87 83 83 68 72 57 56 -1,5%
Whey powder 6 8 9 5 9 9 8 11 19 23 14 -36,6%
Cheese 32 31 32 32 29 26 22 22 28 26 20 -23,4%
WMP 149 184 160 126 148 130 133 142 147 107 117 +9,2%
SMP 72 88 131 76 105 74 78 105 122 81 7 -91,5%
Drinking milk 7 9 6 7 9 7 6 5 6 4 4 +2,0%
Cond. milk. 13 20 9 14 7 5 5 4 5 4 3 -16,1%
Cream 2 2 2 2 2 2 2 2 3 3 2 -40,3%
Total 376 443 462 389 405 344 346 366 408 313 230 -26,5%
Source Export: IHS
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