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Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulfate) whether or not colored, with or without small quantities of accelerators or retarders
United States to Nicaragua Trade Analysis
for Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulfate) whether or not colored, with or without small quantities of accelerators or retarders
Detailed tariff information for Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulfate) whether or not colored, with or without small quantities of accelerators or retarders imports
Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulfate) whether or not colored, with or without small quantities of accelerators or retarders Tariff Rate
A recent bilateral trade agreement under the CAFTA-DR framework has facilitated an increase in gypsum and plaster exports from the US to Nicaragua, with a reported 12% rise in shipments for construction materials in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of gypsum products (HS Code 2520) as reduced tariffs and streamlined customs processes enhance market access in Nicaragua.
Nicaraguan Construction Boom Drives Demand for US Gypsum
Nicaragua's infrastructure development projects have led to a surge in demand for imported gypsum and plaster products from the US, with trade data showing a 15% year-on-year increase in imports under HS Code 2520.
2023-09-20
Impact: Increased demand strengthens trade ties, benefiting US suppliers while potentially raising costs for Nicaraguan importers due to higher import volumes.
Supply Chain Disruptions Affect Gypsum Trade with Nicaragua
Logistical challenges at key US ports have temporarily delayed gypsum and plaster shipments to Nicaragua, impacting construction timelines in the region.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential delays and cost increases for Nicaraguan buyers reliant on timely US exports.
Policy Updates
CAFTA-DR Tariff Reduction on Construction Materials
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on gypsum, anhydrite, and plasters (HS Code 2520) have been further reduced for trade between the US and Nicaragua, aiming to support construction sector growth.
