HS Code:
Blended syrups, as described in additional U.S. note 4 to Chapter 17 of the Harmonized System (HS) Code, typically refer to mixtures of cane or beet sugar syrups with other ingredients, often used in food and beverage industries for sweetening or flavoring purposes. These syrups may include blends with fruit juices, flavorings, or other sweeteners, and are classified under specific tariff lines within Chapter 17 (Sugars and Sugar Confectionery). They are distinct from pure sugar syrups due to their blended nature, which often subjects them to different tariff treatments and trade regulations. The category is significant in global trade due to its application in processed foods, beverages, and confectionery products.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
International Trade Centre (ITC) Trade Map and UN Comtrade Database
$350 million USD
29.2% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Increasing
$80 million USD
6.7% of total trade of total trade
Stable
Average Rate
5.8% ad valorem
Highest Rate
30% (applied by certain developing countries to protect local sugar industries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU trade pacts)
Rising demand for natural and organic blended syrups
Increased trade in organic-certified products, particularly in North America and Europe, driving up prices and market share for premium products
2021-2022
Shift towards low-calorie and sugar-alternative blends
Growing exports of syrups blended with artificial sweeteners or natural substitutes like stevia, impacting traditional sugar syrup markets
2020-2022
Supply chain disruptions due to geopolitical tensions
Temporary reductions in trade volumes from major exporters due to logistical challenges and export bans on sugar products in certain regions
2022
Revised tariff-rate quotas under the United States-Mexico-Canada Agreement (USMCA) have facilitated increased trade of blended syrups between member countries, with reduced duties for qualifying products.
July 2022
Boosted trade volumes, particularly between the U.S. and Mexico, by approximately 10% in the second half of 2022.
The European Union introduced reforms to its sugar import tariffs, lowering rates for blended syrups from least developed countries (LDCs) under the Everything But Arms (EBA) initiative.
January 2023
Encouraged imports from African and Asian LDCs, diversifying supply chains for EU manufacturers.
Fluctuations in global sugar prices due to adverse weather conditions in key producing regions like Brazil and India have affected the cost competitiveness of blended syrups.
March 2023
Increased production costs for blended syrups, leading to a temporary slowdown in exports from affected regions.