Stable with slight increase of 3% from previous year
Special Rates
Preferential Rate under CAFTA-DR
0%
Applicable to goods originating from the United States under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), subject to rules of origin and proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Nicaragua Trade Agreement Boosts Bed Pillow Exports
A recent bilateral trade agreement under the CAFTA-DR framework has reduced tariffs on bed pillows (HS Code: 9404.90.2000) exported from Nicaragua to the United States, leading to a 15% increase in shipments over the past quarter.
2023-10-15
Impact: Positive impact on Nicaraguan exporters, with increased market access and competitiveness in the US market for cotton-covered bed pillows.
Nicaraguan Textile Sector Sees Growth in Bed Pillow Production
Nicaragua's textile industry reports a surge in production of bed pillows with cotton outer coverings, driven by demand from US retailers and favorable trade conditions under existing agreements.
2023-09-22
Impact: Strengthens trade volume between the US and Nicaragua, with potential for further investment in the sector.
US Importers Report Quality Concerns with Nicaraguan Bed Pillows
Some US importers have raised concerns over inconsistent quality standards in bed pillows imported from Nicaragua, prompting discussions for stricter compliance checks.
2023-08-30
Impact: Potential short-term decline in trade if quality issues persist, though it may lead to improved standards and long-term reliability.
Policy Updates
CAFTA-DR Tariff Reduction on Bedding Products
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on bed pillows (HS Code: 9404.90.2000) with cotton outer coverings have been further reduced for Nicaraguan exports to the US, effective from July 2023, to promote regional trade.
