HS Code:
Chrysanthemums, classified under HS Code 060314, are a category of flowering plants widely traded globally for ornamental purposes. These flowers, commonly known as mums or chrysanths, are native to East Asia and are highly valued in the floriculture industry for their diverse colors, shapes, and long-lasting blooms. They are used in bouquets, garden landscaping, and cultural events, particularly in Asian countries where they symbolize longevity and rejuvenation. The global trade of chrysanthemums includes both cut flowers and potted plants, with significant seasonal demand during festivals and holidays.
Total Trade Volume
Approximately $500 million USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$150 million USD
30% of total trade of total trade
Increasing
$100 million USD
20% of total trade of total trade
Increasing
$75 million USD
15% of total trade of total trade
Stable
$60 million USD
12% of total trade of total trade
Increasing
$40 million USD
8% of total trade of total trade
Increasing
Average Rate
6.5% ad valorem
Highest Rate
12% (imposed by certain Asian countries to protect domestic growers)
Lowest Rate
0% (under free trade agreements like EU-Africa partnerships)
Rising demand for sustainable and organically grown chrysanthemums
Increased production costs but higher market prices and consumer preference in Europe and North America
2021-2023
Growth in e-commerce platforms for flower trade
Expanded market access for smaller exporters, especially in developing countries
2020-2022
Shift towards potted chrysanthemums over cut flowers
Longer shelf life and appeal as home decor drive demand in urban markets
2019-2023
The European Union introduced new regulations requiring additional pest checks for imported chrysanthemums to prevent the spread of invasive species like white rust.
January 2023
Increased compliance costs for exporters from Africa and Latin America, potentially reducing trade volumes to the EU in the short term.
Kenyan government and private sector initiatives have boosted chrysanthemum production through investments in greenhouse technology and training for smallholder farmers.
June 2022
Strengthened Kenya's position in the global market, with a 15% increase in export volume to Europe and the Middle East.
A bilateral agreement reduced tariffs on chrysanthemums and other flowers, facilitating smoother trade between the two countries.
March 2023
Expected to increase Chinese chrysanthemum exports to the US by 10% over the next two years.