HS Code:
Subheading 2309.90.48 of the Harmonized System (HS) Code pertains to 'Other preparations of a kind used in animal feeding, not elsewhere specified or included, other than dog or cat food put up for retail sale.' This category includes a variety of animal feed preparations such as premixes, additives, and supplements that are essential for livestock nutrition, excluding pet food for dogs and cats. These products are critical in the agricultural sector for enhancing animal health, growth, and productivity.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
$650 million USD
26% of total trade of total trade
Increasing
$400 million USD
16% of total trade of total trade
Stable
$350 million USD
14% of total trade of total trade
Increasing
$300 million USD
12% of total trade of total trade
Increasing
$200 million USD
8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for organic and non-GMO feed additives
Increased production costs but higher market value; shift towards sustainable farming practices
2021-2022
Growth in aquaculture feed due to expanding fish farming
Boost in trade volume for specialized aquatic feed preparations in Asia-Pacific region
2020-2022
Technological advancements in feed formulation
Improved efficiency and tailored nutrition solutions driving export growth in developed markets
2019-2022
The European Union introduced stricter regulations on the use of antibiotics in animal feed under subheading 2309.90.48 to combat antimicrobial resistance.
January 2022
Increased compliance costs for exporters to the EU market; potential trade barriers for non-compliant suppliers.
As part of the Phase One trade deal, China reduced tariffs on certain US animal feed preparations, boosting exports under this HS code.
February 2020
Significant increase in US exports to China, contributing to a 10% rise in trade volume for this category.
COVID-19-related disruptions and the Russia-Ukraine conflict affected the supply of raw materials for animal feed, impacting trade flows.
2021-2022
Price volatility and temporary shortages in key markets; shift towards regional sourcing.