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Antigua and Barbuda

US Revised Tariffs (%)

10

Ease of doing business

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
13.07
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.57
0.02
0.55

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Trade.Gov Fact Sheet

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

As of Saturday, April 19, 2025, the tariff situation for Antigua and Barbuda is as follows: United States Tariffs on Goods from Antigua and Barbuda: 10% Tariff on Most Goods: As part of the sweeping "reciprocal tariffs" announced by the United States, a 10% tariff is currently imposed on goods imported from Antigua and Barbuda into the U.S. This baseline tariff went into effect on April 5, 2025. No Higher "Reciprocal Tariff": Antigua and Barbuda was not listed in Annex I of the U.S. announcement, meaning it is not subject to a higher, country-specific reciprocal tariff rate beyond the initial 10%. Caribbean Basin Initiative (CBI): It's important to note that since the 1980s, most goods exported from Caribbean Community (CARICOM) countries, including Antigua and Barbuda, have been eligible for duty-free entry into the United States under the Caribbean Basin Initiative (CBI) and its constituent acts like the Caribbean Basin Economic Recovery Act (CBERA). The imposition of this new 10% tariff appears to contradict the spirit and intent of these long-standing preferential trade arrangements.   Negligible Impact on Antigua and Barbuda's Revenue: Antigua and Barbuda's Ambassador to the United States, Sir Ronald Sanders, has stated that the 10% tariff on their exports to the U.S. will likely have a negligible effect on their economy and no impact on their government revenues. This is because Antigua and Barbuda export very little to the U.S. market. Increased Cost for U.S. Consumers: The 10% tariff will primarily mean that any goods Antigua and Barbuda do export to the U.S. will become more expensive for American consumers who will bear the cost of the tariff. Antigua and Barbuda's Tariffs on Goods from the United States: Antigua and Barbuda maintain their existing 10% tariff on goods imported from the United States. Overall Impact and Reactions: Concern over Trade Instability: Caribbean nations, including Antigua and Barbuda, have voiced their concerns regarding the new U.S. tariffs, highlighting the potential threat to decades of economic partnership and preferential trade arrangements. Trade Imbalance: Antigua and Barbuda have a significant trade deficit with the United States, importing far more goods from the U.S. than they export. The new tariffs will likely exacerbate this imbalance in value terms, even if the volume of Antigua and Barbuda's exports to the U.S. is small.   No Retaliation Planned: CARICOM nations, including Antigua and Barbuda, have indicated they will not pursue retaliatory measures against the U.S. due to their heavy reliance on imports from the United States. Imposing matching tariffs would only increase the cost of living for their populations.   Call for Reassessment: Antigua and Barbuda's Ambassador to the U.S. has called on the U.S. to revisit these tariffs, arguing that they go against the spirit of the CBI and U.S.-Caribbean relations, have human and economic costs, and could harm U.S. strategic interests.   In summary, Antigua and Barbuda are now subject to a 10% tariff on their exports to the United States as part of the broader U.S. tariff policy changes. While the direct economic impact on Antigua and Barbuda's revenue is expected to be small due to the low volume of exports, it marks a shift away from the preferential duty-free access they have largely enjoyed under the Caribbean Basin Initiative. The Antiguan government has expressed concern about the implications for the regional trade landscape.

US Negotiation Strategy

Based on available trade data, the top imports to the US from Antigua and Barbuda by value in February 2025 were: Engine parts ($210,539)   Scrap of precious metal ($169,252) Returned exports, without change ($119,296) Copper waste and scrap ($38,480)   Liquid-dispersing equipment ($20,000) It's important to note that trade volumes between the US and Antigua and Barbuda are relatively small. Here's a look at which states in the US could potentially manufacture similar products, with examples: Engine Parts: Michigan: As the historical heart of the US automotive industry, Michigan has numerous manufacturers of engine parts for various types of engines (automotive, industrial, etc.). Examples include BorgWarner and Dana Incorporated, though these are large corporations with diverse product lines. Smaller, specialized manufacturers also exist. Ohio: Has a significant manufacturing sector that includes the production of various industrial and vehicle components, including engine parts. Companies like TimkenSteel (though primarily steel) supply materials for engine components.   Indiana: Has a strong presence in automotive and aerospace manufacturing, both of which involve the production of engine parts. Cummins, for example, designs and manufactures diesel and alternative fuel engines and related components.   Scrap of Precious Metal: This isn't manufactured in the traditional sense but rather processed and refined. Rhode Island: Has a historical and ongoing presence in jewelry manufacturing and therefore has companies involved in the refining and processing of precious metal scrap.   New York: Particularly the diamond district in New York City, has businesses that handle and process precious metals, including scrap.   California: With its large technology sector, California generates electronic scrap that contains precious metals, and companies exist to recover and refine these materials. Returned Exports, Without Change: This category is not about manufacturing but about goods that were previously exported from the US and are being returned without any alteration. Therefore, no specific state manufactures these "products." Copper Waste and Scrap: Similar to precious metal scrap, this is a raw material for further processing rather than a manufactured good. Arizona: Has a significant history of copper mining and still has smelters and refineries that process copper, including scrap. Utah: Also has copper mining and processing operations.   Other states with industrial metal processing: States like Texas, Pennsylvania, and Illinois have facilities that handle various types of metal scrap.   Liquid-Dispersing Equipment: This is a broad category that could include various types of sprayers, dispensers, and atomizers for agricultural, industrial, or consumer use. Iowa: Has a strong agricultural equipment manufacturing sector, which includes sprayers for pesticides and fertilizers. Companies like Deere & Company and AGCO (with various brands) have manufacturing operations in Iowa and other Midwestern states.   Illinois: Also has manufacturers of agricultural and industrial spraying equipment. California: Has a significant agricultural sector and manufacturers of irrigation and spraying equipment. Additionally, the state has manufacturers of industrial and consumer dispensing equipment. It's important to understand that while these US states have manufacturing capabilities in similar categories, the specific types, scales of production, and intended uses of the goods might differ from those imported from Antigua and Barbuda. The relatively small import values from Antigua and Barbuda suggest a niche market or specialized items rather than mass-produced goods.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

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Sources : Forbes | USDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia | International Trade Administration

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theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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