HS Code:
The 'Edible Fruit and Nuts; Peel of Citrus Fruit or Melons' category, classified under HS Code 08, encompasses a wide range of products including fresh and dried fruits, nuts, and citrus peels. This category is a significant segment of global agricultural trade, driven by consumer demand for healthy and natural food products. Key products include bananas, apples, oranges, grapes, almonds, walnuts, and citrus peels used for culinary and industrial purposes. Trade in this category is influenced by seasonal availability, climatic conditions, and regional production strengths.
Total Trade Volume
USD 130 billion
Data from 2022
Source
United Nations Comtrade Database
USD 25 billion
19.2% of total trade of total trade
Increasing
USD 15 billion
11.5% of total trade of total trade
Stable
USD 10 billion
7.7% of total trade of total trade
Increasing
USD 9 billion
6.9% of total trade of total trade
Stable
USD 7 billion
5.4% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
35% (imposed by certain developing countries on luxury fruit imports)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for organic fruits and nuts
Increased trade volume in certified organic products, with premium pricing benefiting exporters from regions with strict organic standards.
2021-2022
Rise in plant-based diets
Higher demand for nuts as protein substitutes, boosting trade for almonds, cashews, and walnuts, especially in North America and Europe.
2020-2022
Climate change affecting production
Shifts in supply chains due to droughts and extreme weather, with countries like Chile and South Africa gaining market share for certain fruits.
2019-2022
The European Union's Green Deal has introduced stricter sustainability and pesticide regulations for fruit and nut imports, affecting exporters from non-EU countries.
January 2023
Potential cost increases for exporters to comply with new standards, but also opportunities for sustainable producers to gain market access.
A new phase of the US-China trade agreement has reduced tariffs on certain nuts like almonds and walnuts, facilitating increased exports from the US to China.
March 2023
Boost in trade volume for US nut exporters, strengthening their position in the Asian market.
South Africa and Kenya have seen a surge in fruit exports, particularly avocados and citrus, due to improved logistics and trade agreements with the EU and Middle East.
July 2023
Increased market share for African exporters, diversifying global supply chains for fruits.