HS Code:
Cranberry beans, also known as borlotti beans, are a variety of kidney bean distinguished by their creamy texture and nutty flavor. Classified under HS Code 071333 (Dried kidney beans, including white pea beans, shelled), they are widely cultivated and consumed globally, particularly in Mediterranean, Latin American, and North American cuisines. These beans are a significant source of protein and fiber, making them a staple in many diets. The global trade of cranberry beans is influenced by agricultural production capacities, climatic conditions, and dietary trends favoring plant-based proteins.
Total Trade Volume
Approximately 3.2 million metric tons
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
850,000 metric tons
26.6% of total trade of total trade
Increasing
600,000 metric tons
18.8% of total trade of total trade
Stable
400,000 metric tons
12.5% of total trade of total trade
Increasing
350,000 metric tons
10.9% of total trade of total trade
Decreasing
300,000 metric tons
9.4% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (applied by certain developing countries to protect local agriculture)
Lowest Rate
0% (under free trade agreements like NAFTA/USMCA and EU trade pacts)
Rising demand for plant-based proteins
Increased export opportunities for major producers like the US and Canada as consumers shift towards vegetarian and vegan diets.
2021-2022
Climate change affecting yields
Unpredictable weather patterns have led to reduced production in South American countries like Brazil, causing price volatility.
2020-2022
Growth in organic cranberry bean market
Higher prices for organic variants have encouraged farmers in Italy and the US to adopt organic farming practices, boosting premium exports.
2019-2022
The updated United States-Mexico-Canada Agreement (USMCA) has facilitated tariff-free trade of cranberry beans among member countries, boosting exports from the US and Canada to Mexico.
July 2020
Strengthened North American market integration, with a projected 10% increase in trade volume by 2025.
The European Union introduced stricter phytosanitary requirements for imported beans to prevent pest infiltration, affecting exporters from South America.
January 2022
Increased compliance costs for exporters, potentially reducing trade volumes to the EU by 5-7% in the short term.
Severe drought conditions in key agricultural regions of Brazil have led to a significant drop in cranberry bean production, impacting global supply.
Mid-2022
Global prices rose by approximately 8% due to supply shortages, benefiting competitors like the US and Canada.