PRODUCT CLASSIFICATION
Strawberries are small, red, heart-shaped fruits known for their sweet flavor, juicy texture and nutritional values such as vitamin C and antioxidants.
Often eaten fresh or used in desserts, smoothies and jams, they represent a blend of pleasure and simplicity that few other fruits can match.
Strawberries are a part of Edible fruits, nuts & fruit peels and Other fruits, categories of the Vegetable Products section that includes a wide range of consumable crops like cherries, blueberries, raspberries, kiwi and grapes.
They also have a Product Complexity Index of -1.03, ranking 2397 out of 2913 products in 2023.
This post will not consider a specific country’s market, but it will be focused on the Strawberries trade in general.
OVERVIEW
In 2023, global trade of Strawberries reached an amount of $4.02B, reflecting an increased percentage of 6.7 from 2022, when it totaled $3.77B and, over the past five years, it has grown at an annualized rate of 7.28%.
In addition, during the same year, Strawberries ranked 893 out of 1217 products, accounting for 0.018% of world trade.
EXPORT
In 2023 it was estimated that the main characters in the exportation scenario of Strawberries were
- Mexico - $1.26B;
- Spain - $780M;
- United States - $553M.
Also, during the same year, the countries that registered the highest share of this category in their export portfolios were
- Greece - 0.31%;
- Egypt - 0.28%;
- Mexico - 0.21%.
IMPORT
In 2023 it was revealed that the leading importers of the Strawberries category in global trade were
- United States - $1.18B;
- Canada - $455M;
- Germany - $367M.
CONCLUSIONS
In 2023, Strawberries continued to play a modest but steady role in the agricultural sector because, while they aren’t among the most traded products, their existence supports thousands of jobs, especially in seasonal farming, mainly in the Mexican and Spanish area, and nonetheless families, producers and consumers.
Source: https://oec.world/en
