The total value of U.S. dairy exports reached $5.48 billion in 2017, up 14% from 2016 and the most in three years, according to the U.S. Dairy Export Council (USDEC). In terms of volume, shipments of powder, cheese, butterfat, whey and lactose were up 6%, surpassing the previous high reached in 2014. On a total solids basis, USDEC says U.S. exports were equivalent to 14.7% of U.S. production, up from 14.2% in 2016 and the highest since 2014. Imports were equivalent to 3.4% of production.