Fruit, nuts and other edible parts of plants: prepared or preserved, whether or not containing added sugar, other sweetening matter or spirit, n.e.s. in heading no. 2008

In 2024, fruit, nuts and other edible parts of plants: prepared or preserved, whether or not containing added sugar, other sweetening matter or spirit, n.e.s. in heading no. 2008 trade exhibited strong growth, with global flows reaching $5,734,358,871 and a three-year compound annual growth rate of +7.2% (five-year: +7.9%). The all-time peak of $5,734,358,871 was recorded in 2024.

Over the 30-year observation window (1995–2024), 86% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.6% acceleration).

The World Trade Flows Characterization classifies fruit, nuts and other edible parts of plants: prepared or preserved, whether or not containing added sugar, other sweetening matter or spirit, n.e.s. in heading no. 2008 as "Two-way vertical trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.067). The three largest exporters — China ($908.4M), Mexico ($695.2M), and South Korea ($608.5M) — collectively dominate supply flows. The leading exporter has grown at +5.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.125). The three largest import markets are United States ($1.9B), Japan ($461.5M), and Germany ($269.9M). The largest importing market sources from 107 different supplying countries.

Estimated substitution elasticity: -3.82. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Mexico → United States at $599.0M, representing 32.1% of the importer's total demand.

The volatility score for fruit, nuts and other edible parts of plants: prepared or preserved, whether or not containing added sugar, other sweetening matter or spirit, n.e.s. in heading no. 2008 is 5 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, strong demand tailwinds create a favourable entry environment. 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.