HS Code:
The category of Cashew apples, mameyes colorados, sapodillas, soursops, and sweetsops (HS Code: 081090) encompasses a variety of tropical fruits that are cultivated primarily in tropical and subtropical regions. Cashew apples are the fleshy part of the cashew fruit, often used in juices and jams, while the cashew nut is the seed. Mameyes colorados (Pouteria sapota) are sweet, reddish fruits native to Central America. Sapodillas (Manilkara zapota) are known for their sweet, malty flavor and are popular in desserts. Soursops (Annona muricata) and sweetsops (Annona squamosa) are part of the Annona family, with soursop having a tangy flavor often used in beverages, and sweetsop being sweeter and consumed fresh. These fruits are significant in local diets and have growing international demand due to their unique flavors and nutritional benefits.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
International Trade Centre (ITC) Trade Map, UN Comtrade Database
$60 million USD
24% of total trade of total trade
Increasing
$45 million USD
18% of total trade of total trade
Stable
$30 million USD
12% of total trade of total trade
Increasing
$25 million USD
10% of total trade of total trade
Stable
$20 million USD
8% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
35% (applied by certain South Asian countries to protect local markets)
Lowest Rate
0% (under free trade agreements like ASEAN or EU preferential access)
Rising demand for exotic fruits in North America and Europe
Increased export opportunities for producing countries, with a focus on organic and sustainably sourced fruits
2021-2022
Growth in processed fruit products (juices, jams, and dried fruits)
Value addition in exporting countries, boosting local economies and reducing waste of perishable fruits
2020-2022
Climate change impacting production cycles
Unpredictable yields and quality issues in key producing regions, leading to price volatility
2019-2022
Brazil has invested in new processing plants to convert cashew apples into juice and other products, reducing waste and increasing export value.
March 2023
Expected to increase Brazil's market share by 5-7% over the next two years.
The European Union introduced stricter import regulations for tropical fruits to prevent the spread of pests, affecting soursop and sapodilla exporters.
January 2023
Increased compliance costs for exporters, potentially reducing trade volume by 3-5% in the short term.
Thailand launched a campaign to boost sweetsop exports to China and Japan, supported by trade agreements and promotional events.
September 2022
Anticipated growth of 10% in Thailandโs export volume to these markets in 2023.