HS Code:
The Goya cheese category, typically classified under HS Code 0406 (Cheese and Curd), encompasses a variety of cheeses produced and marketed by Goya Foods, a prominent brand specializing in Latin American food products. This category includes traditional Hispanic cheeses such as Queso Blanco, Queso Fresco, and Cotija, which are widely used in Latin American cuisine. Goya cheeses are primarily manufactured in countries with strong dairy industries and are exported globally to meet the demand of Hispanic communities and broader consumer bases interested in ethnic foods. The trade of Goya cheese reflects broader trends in the dairy sector, including increasing demand for specialty and artisanal cheese products.
Total Trade Volume
Approximately $500 million USD (estimated for Goya-related cheese products within the broader cheese category)
Data from 2022
Source
Estimated data based on UN Comtrade, ITC Trade Map, and industry reports
$200 million USD
40% of total trade of total trade
Increasing
$100 million USD
20% of total trade of total trade
Stable
$75 million USD
15% of total trade of total trade
Increasing
$50 million USD
10% of total trade of total trade
Stable
$25 million USD
5% of total trade of total trade
Increasing
Average Rate
10-15% ad valorem (varies by country and specific cheese type)
Highest Rate
35% (applied by some developing countries to protect local dairy industries)
Lowest Rate
0-5% (under free trade agreements like USMCA or EU trade deals)
Growing demand for Hispanic cheese varieties in non-traditional markets
Increased export opportunities for Goya cheese to regions like Europe and Asia due to rising interest in ethnic cuisines
2021-2023
Shift towards organic and natural cheese products
Pressure on brands like Goya to offer organic or sustainably sourced cheese to meet consumer preferences
2020-2022
Impact of supply chain disruptions on dairy trade
Higher transportation costs and delays have affected the availability and pricing of Goya cheese in international markets
2021-2022
Revised dairy trade provisions under the USMCA have facilitated easier access for Goya cheese products to Canadian and Mexican markets by reducing tariff barriers.
July 2020 (ongoing impact through 2023)
Increased market share for Goya cheese in North America, especially in Canada where dairy imports were previously heavily restricted.
The European Union has introduced stricter SPS measures for imported dairy products, requiring additional certifications for cheese like Goya’s Queso Fresco.
January 2022
Potential delays and increased costs for Goya cheese exports to EU countries, necessitating compliance with new standards.
Goya Foods announced plans to expand its dairy processing capabilities in the United States to meet growing domestic and international demand for Hispanic cheeses.
March 2023
Expected to boost export volumes and reduce dependency on foreign manufacturing, potentially lowering costs and improving supply chain efficiency.