HS Code:
Subheading 1901.90.71 under the Harmonized System (HS) Code pertains to 'Other food preparations of goods of headings 0401 to 0404, not containing cocoa or containing less than 5% by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included.' This category typically includes dairy-based food preparations such as certain types of milk powders, cream substitutes, and other processed dairy products used in food manufacturing or as consumer goods. These products are significant in global trade due to their use in various food industries, including baking, confectionery, and ready-to-eat meals.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$600 million USD
24% of total trade of total trade
Increasing
$450 million USD
18% of total trade of total trade
Stable
$400 million USD
16% of total trade of total trade
Increasing
$300 million USD
12% of total trade of total trade
Stable
$250 million USD
10% of total trade of total trade
Increasing
Average Rate
6.5% ad valorem
Highest Rate
25% (applied by certain developing countries with protective agricultural policies)
Lowest Rate
0% (under free trade agreements such as EU-USMCA or CPTPP)
Rising demand for dairy alternatives in food preparations
Increased competition for traditional dairy-based products under this category, pushing exporters to innovate with plant-based substitutes.
2021-2022
Growth in Asia-Pacific markets
Significant increase in imports by countries like China and India due to rising consumer demand for processed foods and dairy ingredients.
2020-2022
Sustainability and traceability requirements
Exporters are facing pressure to adopt sustainable production practices and provide detailed supply chain transparency, influencing trade costs.
2022
The European Union revised its tariff rate quotas for dairy-based food preparations, allowing increased imports from New Zealand under a new trade agreement.
July 2023
Expected to boost New Zealand's export volume by 15% in this category over the next two years.
A phase of reduced tariffs on dairy preparations was implemented as part of ongoing trade negotiations, benefiting US exporters.
March 2023
Increased market access to China, with an estimated $50 million rise in US exports for this category.
Several Asian countries, including Japan and South Korea, have tightened sanitary regulations on imported dairy preparations due to health concerns.
January 2023
Potential delays and increased compliance costs for exporters, possibly affecting trade volumes in the short term.