Explanation:

Phloem is a vascular tissue in plants responsible for transporting organic nutrients, primarily sugars (produced in photosynthesis), from the leaves to other parts of the plant.

It consists of sieve tubes, companion cells, phloem fibers, and phloem parenchyma.

This process of nutrient transport is known as translocation.

It is a crucial part of the vascular system in plants, alongside xylem (which transports water).