The U.S. dairy industry is poised to establish a new “golden age” of U.S. dairy trade, with exports reaching $8.2 billion in 2024 the second-highest total export value ever and a $223 million year-over-year increase, according to new data from the U.S. Department of Agriculture (USDA). Mexico and Canada U.S. dairy’s top two global trading partners representing more than 40% of U.S. dairy exports each imported record values of dairy at $2.47 billion and $1.14 billion respectively. Central American markets also surged, with Costa Rica, Guatemala and El Salvador all importing record values of U.S. dairy. U.S. dairy exports to China declined in 2024, marking the lowest year since 2020.
“The U.S. dairy industry is ready to capitalize on a renewed trade agenda in 2025,” said Michael Dykes, president and CEO, International Dairy Foods Association (IDFA). “Consumers in the United States and around the world continue to demand more U.S. dairy because we provide an assortment of delicious, nutritious and affordable dairy products. From award-winning cheeses, to high-value whey ingredients and milk powders used to make life-saving products for children and adults to safe and nutritious ESL milk, U.S. dairy is known throughout the world for quality and reliability.
“Our industry is poised to become the world’s leading supplier of dairy products thanks to the resilience and innovation of the American dairy industry. To do that, we need a trade agenda that prioritizes market access and ensures a level playing field. For too long, our exports to Canada have yet to fulfill the promises of the U.S.-Mexico-Canada Agreement (USMCA) because Canadian policies continue to prevent American exporters from filling their tariff-rate quotas. Demand remains soft in key markets such as China and Southeast Asia, including the Philippines, Vietnam, and Malaysia, illustrating the need for a strategic approach to trade with markets in the Asia Pacific region. Overall, U.S. dairy exports are performing well, but we can do more. With new trade agreements that remove obstacles and increase market access, we wouldn’t just break records—we would redefine the global dairy landscape for decades to come.”
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