HS Code:
This category pertains to specific products (HS Code not specified in the query) that are entered during the period from February 15 to March 31, inclusive, in any year. This seasonal window often correlates with specific agricultural or perishable goods that are harvested or traded during this time frame. The category may include items such as early spring produce, certain seafood, or other time-sensitive commodities. Trade in this category is influenced by seasonal demand, regional production cycles, and international trade agreements that facilitate or restrict market access during this period.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
World Trade Organization (WTO) and International Trade Centre (ITC) Trade Map
USD 350 million
29.2% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 180 million
15.0% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
Average Rate
6.5%
Highest Rate
15% (applied by certain protective markets)
Lowest Rate
0% (under free trade agreements like USMCA and EU trade pacts)
Increased demand for organic and sustainably sourced products
Higher premiums for certified goods, pushing exporters to adopt sustainable practices
2021-2022
Shift towards digital trade platforms for seasonal goods
Improved market access for smaller exporters, reducing trade barriers
2020-2022
Climate change affecting production cycles
Shifts in harvest windows impacting availability during the February-March period
2019-2022
The European Union introduced a revised seasonal tariff quota for agricultural imports during the February-March window to balance domestic production and import needs.
January 2023
Expected to stabilize prices in the EU market while providing predictable access for exporters
A resolution under the USMCA framework addressed concerns over seasonal dumping of perishable goods, leading to adjusted tariffs for the February-March period.
November 2022
Reduced tariff uncertainty for Mexican exporters, boosting trade volume by an estimated 5%
A global trade report highlighted the increasing unpredictability of harvests during early spring due to erratic weather patterns, affecting supply chains.
March 2023
Potential price volatility and supply shortages in key markets