HS Code:
Subheading 1702.30.28 under the Harmonized System (HS) Code pertains to glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, and specifically covers other products not elsewhere specified or included. This category typically includes specialized glucose products used in food processing, pharmaceuticals, and industrial applications. These goods are critical in industries requiring sweeteners or stabilizers, and their trade is influenced by agricultural production, food industry demand, and regional trade agreements.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database
$320 million USD
26.7% of total trade of total trade
Increasing
$210 million USD
17.5% of total trade of total trade
Stable
$180 million USD
15.0% of total trade of total trade
Increasing
$150 million USD
12.5% of total trade of total trade
Increasing
$90 million USD
7.5% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for natural sweeteners
Increased preference for glucose over artificial sweeteners is driving market growth, particularly in health-conscious markets like North America and Europe.
2021-2022
Growth in processed food industry
Higher consumption of glucose syrup in confectionery and beverages is boosting trade volumes, especially in Asia-Pacific regions.
2020-2022
Sustainability concerns in production
Pressure to adopt sustainable agricultural practices for raw materials (e.g., corn) is influencing production costs and trade policies.
2022
The European Union adjusted tariffs on glucose imports from non-EU countries to protect local producers, impacting trade flows from major exporters like the United States.
June 2023
Potential reduction in US exports to EU markets by 10-15%, redirecting trade to other regions.
China announced investments in glucose production facilities to reduce reliance on imports, aiming for self-sufficiency in food additives.
March 2023
May lead to reduced import demand, affecting exporters like France and Germany.
A regional trade agreement between Brazil and Argentina lowered tariffs on glucose products, boosting intra-regional trade.
September 2022
Expected to increase Brazil’s export share in Latin America by 5% over the next two years.