Nicaragua Overcomes Loss of US Preferences for its Textiles

At the end of the first half of the year maquila textile exports to the United States grew by 13% compared to the same period in 2015.

Thursday, August 25, 2016

Figures from the biannual report by the US Office of Textiles and Clothing (OTEXA) show that between January and June Nicaragua sold 255 million square meter equivalents (SME) to the United States generating revenues of $708 million.

In the same period last year, the country exported a total volume of 225.7 million square meter equivalents, worth a total of $670 million.

Alvaro Baltodano, presidential delegate for investment in Nicaragua, told Laprensa.com.ni that "... the data is showing that the maquiladoras are able to cope with the loss of tariff preference level (TPL), which allowed clothing companies export to that country items made with raw materials from countries outside of DR-CAFTA. "

See OTEXA figures.

¿Busca soluciones de inteligencia comercial para su empresa?

Do you need more information about your business sector?

Request more information:









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Better Prices Boost Textile Sector

August 2019

In the first half of the year in Nicaragua, textile companies reported a slight increase in the volume exported, mainly because of an improvement in prices paid internationally.

According to data from the U.S. Office of Textiles and Clothing (Otexa), between the first half of 2018 and the same period in 2019 the volume of textile and apparel exports from Nicaragua to the U.S.

El Salvador: Canada as a Customer for the Textile Sector

September 2016

To compensate for the loss of market which is expected once the Transpacific Agreement takes effect, the textile industry intends to resume FTA negotiations with the northern country.

A free trade agreement with Canada would allow the exporting textile companies to enter a market with high potential, since according to the executive director of Camtex, Patricia Figueroa, the country imports more than $14,000 million a year in textiles products and confection of synthetics such and towels, carpets, curtains and tablecloths. "

Nicaragua: TPL for Textile Exports At Risk

June 2014

A bill that is being analyzed by the U.S. Congress aims to reduce the level of tariff preference to only 6% of imports from Nicaraguan textile factories.

Although the possibility exists of an extension of the current Tariff Preference Level (TPL) until 2015, American congressmen have proposed that the benefit be granted only on cotton pants, which represent the lowest proportion of Nicaraguan textile exports to the United States.

Study on Clothes Imports in Panama

March 2014

In 2011 the country imported $251 million worth of clothes, an increase of 12% compared to the previous year.

Examples of some of the data in the report:

Imports of men and childrens shirts increased by 46% between 2010 and 2011, going from $18.1 million to $26.5 million imported in 2011.