HS Code:
Subheading 2106.90.72 of the Harmonized System (HS) Code pertains to 'Food preparations not elsewhere specified or included, containing sugar, other than for infant use.' This category includes a variety of processed food products that contain sugar as a significant component, such as certain dessert mixes, flavored syrups, and other sweetened food preparations not classified under other specific HS codes. These products are widely used in both household and industrial food production globally.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for low-sugar and organic variants
Shift in consumer preference towards healthier food options is pushing manufacturers to innovate and reformulate products, impacting traditional sweetened food preparations.
2021-2022
Increase in trade within regional blocs
Agreements like the EU Single Market and USMCA have facilitated tariff-free trade, boosting intra-regional exports and imports of food preparations.
2020-2022
Supply chain disruptions due to geopolitical tensions
Events such as the Russia-Ukraine conflict have disrupted sugar supply chains, leading to price volatility and trade rerouting for sweetened food products.
2022
The European Union announced a phased reduction in tariffs on imported food preparations containing sugar under HS 2106.90.72 to support trade with developing countries.
June 2023
Expected to increase imports from African and Latin American countries, potentially reshaping trade flows.
The US FDA introduced stricter labeling requirements for sugar content in food preparations, aiming to combat obesity and related health issues.
March 2023
Manufacturers may face increased compliance costs, potentially affecting export competitiveness.
Several Asia-Pacific countries signed a new trade agreement reducing barriers for food preparations, including those under HS 2106.90.72.
September 2023
Likely to boost trade volumes in the region, with countries like Thailand and Vietnam expected to benefit.