HS Code:
Subheading 0406.30.67 of the Harmonized System (HS) Code pertains to processed cheese, not grated or powdered, in packages not exceeding 1 kg in weight, and not subject to additional U.S. note 16 to Chapter 4. This category includes specific types of processed cheese products that are commonly used in retail and food service sectors. These products are distinct due to their packaging size and specific tariff treatments under international trade agreements.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
United Nations Comtrade Database
$75 million USD
30% of total trade of total trade
Increasing
$50 million USD
20% of total trade of total trade
Stable
$40 million USD
16% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Stable
$20 million USD
8% of total trade of total trade
Decreasing
Average Rate
8.5% ad valorem
Highest Rate
35% (applied by certain countries under specific quota restrictions)
Lowest Rate
0% (under free trade agreements such as USMCA)
Growing demand for convenience foods
Increased imports of processed cheese in smaller, consumer-ready packaging, boosting trade volume by 10% annually in key markets
2021-2022
Shift towards organic and specialty cheese products
Emerging niche markets for organic processed cheese are driving premium pricing and affecting overall trade patterns
2020-2022
Impact of trade agreements
Recent trade agreements like the EU-Japan EPA have reduced tariffs, increasing export opportunities for European countries
2019-2022
The U.S. Dairy Export Council has pushed for reduced tariff barriers on processed cheese products in Asian markets, aiming to increase market access for U.S. exporters.
March 2023
Potential increase in U.S. exports by 15% if negotiations succeed
The European Union adjusted its export quotas for processed cheese under the WTO framework, impacting trade flows to non-EU countries.
January 2023
Possible redirection of trade to alternative markets, affecting pricing
New regulations in multiple countries mandate sustainable packaging for dairy products, including processed cheese, leading to increased production costs.
July 2022
Short-term cost increases for exporters; long-term shift towards eco-friendly packaging solutions