HS Code:
The 'Beans, shelled' category, classified under HS Code 0713, includes dried beans that have been removed from their pods, such as kidney beans, navy beans, black beans, and others, primarily used for human consumption or animal feed. This category is a significant part of the global agricultural trade, often driven by demand for plant-based protein and staple food sources in various cuisines worldwide. Trade in this category is influenced by factors such as climate conditions, agricultural policies, and dietary trends.
Total Trade Volume
Approximately $7.5 billion USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$1.2 billion USD
16% of total trade of total trade
Increasing
$900 million USD
12% of total trade of total trade
Stable
$800 million USD
10.7% of total trade of total trade
Increasing
$750 million USD
10% of total trade of total trade
Stable
$600 million USD
8% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
Up to 30% (in certain markets like India during protective agricultural policies)
Lowest Rate
0% (under free trade agreements such as NAFTA/USMCA or EU trade pacts)
Rising demand for plant-based proteins
Increased exports from major producers like Myanmar and Brazil to meet demand in Europe and North America for vegetarian and vegan diets.
2021-2022
Climate change impacting production
Erratic weather patterns in key producing regions have led to supply volatility, causing price fluctuations and trade shifts to more stable regions.
2020-2022
Growth in organic bean market
Higher premiums for certified organic beans have encouraged exporters to cater to niche markets in developed countries, boosting trade value.
2019-2022
India, a major importer of beans and pulses, increased tariffs on certain bean categories to protect domestic farmers amidst surplus local production.
June 2022
Reduced export opportunities for countries like Myanmar and Canada, redirecting trade flows to other markets such as China and the Middle East.
The updated United States-Mexico-Canada Agreement (USMCA) has facilitated tariff-free trade of beans among member countries, boosting exports from Canada and the US to Mexico.
January 2021
Strengthened North American supply chains and increased trade volume by approximately 5% in the region.
Despite political instability, Myanmar has seen a surge in bean exports, particularly to India and China, due to competitive pricing and high demand.
March 2022
Solidified Myanmar's position as the leading exporter, though concerns about sustainability and quality control persist.