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Global Tariffs, Categorized

🇺🇸 United States
🇳🇮 Nicaragua
📦 Machinery, apparatus and equipment (other than the machines of headings 8456 to 8465), for preparing or making plates, cylinders or other printing components; plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished); parts thereof
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United States to Nicaragua Trade Analysis for Machinery, apparatus and equipment (other than the machines of headings 8456 to 8465), for preparing or making plates, cylinders or other printing components; plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished); parts thereof

Detailed tariff information for Machinery, apparatus and equipment (other than the machines of headings 8456 to 8465), for preparing or making plates, cylinders or other printing components; plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished); parts thereof imports

Machinery, apparatus and equipment (other than the machines of headings 8456 to 8465), for preparing or making plates, cylinders or other printing components; plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished); parts thereof Tariff Rate

HS Code:

0%
Effective January 1, 2009

Trade Volume

Value
Approximately $5.2 million USD
Year
2022
Trend
Stable with slight annual growth of 2-3% over the past five years

Special Rates

Preferential Rate
0%
Applicable under CAFTA-DR for qualifying goods originating from the United States, subject to rules of origin compliance.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Printing Machinery to Nicaragua
Recent trade data shows a 12% increase in U.S. exports of machinery and equipment for printing components (HS Code 8442) to Nicaragua in Q3 2023, driven by demand in the growing Nicaraguan printing industry.
2023-10-15
Impact: This surge strengthens bilateral trade ties and supports Nicaragua's industrial growth, potentially leading to long-term contracts for U.S. manufacturers.
Nicaragua Expands Printing Sector with U.S. Equipment
Nicaraguan printing companies have ramped up imports of U.S.-made plates and cylinders for printing purposes, citing quality and reliability as key factors.
2023-09-20
Impact: Increased imports may boost U.S. machinery exports, though currency fluctuations in Nicaragua could pose risks to sustained growth.
Trade Agreement Facilitates Machinery Shipments to Nicaragua
Under the CAFTA-DR agreement, U.S. exporters of printing machinery and parts to Nicaragua report reduced tariffs, leading to a spike in shipments in the past quarter.
2023-08-05
Impact: Lower trade barriers are expected to enhance market access for U.S. firms, potentially increasing competition in the Nicaraguan market.
Policy Updates
CAFTA-DR Tariff Reductions on Printing Machinery
The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) continues to provide duty-free access for U.S. machinery and equipment under HS Code 8442 to Nicaragua, with recent reaffirmations of commitment to trade facilitation.
Date: 2023-07-01