Product intelligence · HS 190531 · 2024 data

Food preparations: sweet biscuits, whether or not containing cocoa

Global exports of food preparations: sweet biscuits, whether or not containing cocoa totalled $12,038,955,299 in 2024, a +4.3% change from the previous year. Traded by 181 countries across 7,551 bilateral corridors, with demand from 200 importing markets. The long-term trend is growing.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$12.0B

+4.3% YoY

3Y / 5Y CAGR

+8.9%

5Y: +7.7%

Supply structure

Diversified

HHI 0.047

Volatility

Low

Score 7/100

1.

Market movement

In 2024, food preparations: sweet biscuits, whether or not containing cocoa trade exhibited modest growth, with global flows reaching $12,038,955,299 and a three-year compound annual growth rate of +8.9% (five-year: +7.7%). The all-time peak of $12,038,955,299 was recorded in 2024.

Over the 30-year observation window (19952024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+4.5% acceleration).

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.047). The three largest exporters — Mexico ($1.3B), Germany ($1.0B), and Netherlands ($976.2M) — collectively dominate supply flows. The leading exporter has grown at +12.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.057). The three largest import markets are United States ($2.4B), United Kingdom ($715.3M), and France ($649.5M). The largest importing market sources from 113 different supplying countries.

Estimated substitution elasticity: -9.62. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Mexico → United States at $1.2B, representing 50.1% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for food preparations: sweet biscuits, whether or not containing cocoa is 7 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $12,038,955,299 in 2024.

YearGlobal trade (USD)YoY growth
2015$7,261,820,336-7.8%
2016$7,406,180,713+2.0%
2017$7,860,536,955+6.1%
2018$8,404,094,600+6.9%
2019$8,313,195,759-1.1%
2020$8,303,216,981-0.1%
2021$9,334,559,945+12.4%
2022$10,225,620,440+9.5%
2023$11,545,823,035+12.9%
2024$12,038,955,299+4.3%

Top exporting countries

Ranked by export value of food preparations: sweet biscuits, whether or not containing cocoa in 2024.

View all 181 exporters →

Top importing markets

Largest import destinations for food preparations: sweet biscuits, whether or not containing cocoa.

View all 200 markets →

Leading trade corridors

Largest bilateral export flows for food preparations: sweet biscuits, whether or not containing cocoa, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1MexicoUnited States$1.2B+12.5%
2CanadaUnited States$538.9M+7.8%
3NetherlandsUnited Kingdom$183.2M+19.5%
4BelgiumFrance$181.0M+6.5%
5NetherlandsGermany$163.5M-0.3%
6BelgiumNetherlands$151.9M+2.2%
7United StatesCanada$133.3M+9.9%
8GermanyUnited Kingdom$128.6M+12.8%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.