Nicaragua Regime Authorizes Rice and Powdered Milk Import Quotas for 2026
Nicaragua's regime has authorized new import quotas for paddy rice and powdered milk for 2026 with preferential tariffs. The quotas aim to meet international trade commitments and regulate the domestic market supply.
TL;DR
- New tariff quotas for paddy rice and powdered milk imports in 2026 have been established by Nicaragua's Ministry of Development, Industry, and Commerce.
- The paddy rice quota is 4,972 metric tons, with imported rice requiring a purchase of an equivalent amount of domestic paddy rice.
- Powdered milk quotas include 643 metric tons of skimmed and 1,100 metric tons of whole milk powder, with varying tariff rates.
- These measures are part of Nicaragua's commitments to the World Trade Organization and aim to regulate sensitive agricultural and food products.
- The Ministry reserves the right to modify import volumes or conditions based on international prices, market behavior, or climate impacts on national production.