HS Code:
Small red (adzuki) beans, scientifically classified under Phaseolus or Vigna angularis, are a type of legume widely cultivated in East Asia and the Himalayas. These beans are primarily used in traditional dishes, sweets, and health foods due to their nutty flavor and high nutritional value, including protein, fiber, and essential minerals. They fall under the HS Code 0713.32, which covers dried leguminous vegetables, shelled, whether or not skinned or split. Global trade in adzuki beans is driven by demand in food processing industries and growing interest in plant-based diets.
Total Trade Volume
Approximately 200,000 metric tons
Data from 2022
Source
International Trade Centre (ITC) Trade Map and FAO Statistics
80,000 metric tons
40% of global trade of total trade
Increasing
30,000 metric tons
15% of global trade of total trade
Stable
20,000 metric tons
10% of global trade of total trade
Increasing
15,000 metric tons
7.5% of global trade of total trade
Stable
10,000 metric tons
5% of global trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
15% (imposed by certain South Asian countries)
Lowest Rate
0% (under free trade agreements like CPTPP and RCEP for member countries)
Rising demand for plant-based proteins
Increased imports in North America and Europe as consumers shift toward vegan and vegetarian diets, boosting trade volumes by 8% annually since 2019
2022
Growth in organic adzuki bean market
Higher price premiums for certified organic beans, with a 10% increase in trade value for organic varieties, particularly in the EU
2021
Supply chain disruptions due to climate change
Erratic weather patterns in major producing regions like China have led to a 5% reduction in exportable surplus in some years
2020
The Regional Comprehensive Economic Partnership (RCEP) has reduced tariffs on adzuki beans among member countries, facilitating easier market access for exporters like China and Thailand.
January 2022
Expected to increase trade volume by 10-15% within the Asia-Pacific region over the next five years.
Japan implemented stricter import controls on adzuki beans to prevent pest contamination, requiring additional fumigation and certification processes.
March 2023
Potential delays and increased costs for exporters, particularly smaller producers, affecting trade flows by up to 5%.
Growing popularity of Asian cuisine and health foods in the U.S. has led to a spike in demand for adzuki beans, with imports rising by 12% in the last year.
June 2023
Increased opportunities for exporters, with a focus on value-added products like adzuki bean paste and flour.