Increasing, driven by agricultural and textile exports.
Special Rates
Preferential Rate
0%
Applicable to goods qualifying under CAFTA-DR rules of origin and entered pursuant to U.S. Note 9 provisions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Expands Tariff-Rate Quotas for Nicaraguan Goods Under HS Code Provisions
The U.S. Trade Representative announced an expansion of tariff-rate quotas for specific Nicaraguan imports under Additional U.S. Note 9, facilitating increased access to the U.S. market for qualifying goods.
October 15, 2023
Impact: This change is expected to boost Nicaraguan exports to the U.S., particularly in agricultural and textile sectors, strengthening bilateral trade ties.
Nicaragua Seeks Clarification on U.S. Note 9 Provisions for HS Code Compliance
Nicaraguan trade officials have requested further guidance from the U.S. on compliance requirements under Additional U.S. Note 9, aiming to ensure smooth entry of goods pursuant to its provisions.
September 20, 2023
Impact: Pending clarification, there may be temporary delays in shipments as exporters adjust to documentation and certification processes.
U.S. Customs Increases Scrutiny on Nicaraguan Imports Under Note 9 Provisions
U.S. Customs and Border Protection has heightened inspections of Nicaraguan goods entered under Additional U.S. Note 9 to ensure adherence to tariff and quota stipulations.
August 5, 2023
Impact: Increased scrutiny could lead to processing delays at U.S. ports, potentially affecting the flow of Nicaraguan goods into the market.
Policy Updates
Update to U.S. Note 9 Provisions for Nicaraguan Imports
The U.S. International Trade Commission revised the guidelines under Additional U.S. Note 9, adjusting quota limits and eligibility criteria for Nicaraguan goods to reflect current trade agreements.
Date: October 1, 2023
Extension of CAFTA-DR Benefits Under Note 9 for Nicaragua
The U.S. government extended specific benefits under the CAFTA-DR agreement, aligning with Additional U.S. Note 9 provisions, to support Nicaraguan exporters with preferential tariff treatment.
