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Aruba

US Revised Tariffs (%)

10

Ease of doing business

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
9.7
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.73
0.01
0.71

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

Based on the latest information available on Saturday, April 19, 2025, here's an update on tariffs related to Aruba: General Tariff Rates in Aruba: The median value of import duties in Aruba is 12%. Import duties for basic goods/products considered primary necessities range from 0% to 12%.   Luxury goods are subject to higher import duties.   Raw materials for manufacturing industries in Aruba can enter duty-free.   Excise duties apply to alcohol and alcoholic beverages, tobacco products, and mineral oil products.   As of 2021, the average applied weighted mean tariff rate for all products in Aruba was 9.66%. Impact of Recent US Tariffs: The United States, under the Trump administration, implemented a baseline 10% tariff on imports from most countries, effective April 5, 2025.   Initially, higher "reciprocal tariffs" were announced for specific countries with trade imbalances, but a 90-day pause was put in place for most countries (excluding China, Hong Kong, and Macau) starting April 9, 2025. During this pause, the 10% baseline tariff applies.   Aruba is included in this 90-day pause, meaning that goods imported from Aruba into the United States are currently subject to a 10% tariff. Prior to this, there was concern that Aruba, benefiting from the Caribbean Basin Trade Partnership Act (CBTPA), which allows many products to enter the U.S. duty-free, would lose this advantage due to the new reciprocal tariff policy. The 10% tariff currently in place for Aruba represents a change from the potential duty-free status under CBTPA for eligible goods. Aruba's Trade Agreements: As part of the Kingdom of the Netherlands, Aruba is qualified as an Overseas Country and Territory (OCT) by the European Union since 1964. This means that products originating in Aruba can be imported into the EU free of import duty under certain conditions related to origin and processing.   Aruba is also a member of the Caribbean Community (CARICOM), which facilitates trade within the Caribbean region.   Aruba benefits from preferential trade agreements with both the US and the EU, positioning it favorably for international expansion. The Caribbean Basin Initiative (CBI), which includes CBTPA, has historically provided duty-free access to the U.S. market for many Aruban goods.   Key Considerations for Businesses Trading with Aruba: Import duties in Aruba generally have a median of 12%, with variations based on the type of goods.   The 10% US tariff currently applied to Aruban goods is a recent development that businesses exporting from Aruba to the US need to factor into their costs. This is a change from the potential duty-free access under CBTPA. Aruba's relationship with the EU as an OCT continues to offer duty-free access to the European market for originating goods. It's important to note that the US tariff situation is subject to change after the 90-day pause. Businesses should monitor updates from the US and Aruban authorities regarding trade policies. For specific tariff rates on particular goods, it is advisable to consult the Aruban Customs Department or a local customs broker.

US Negotiation Strategy

Based on the most recent data (2024), the top imports to the US from Aruba by value are: Commodities not specified according to kind ($8.31 Million) Essential oils, perfumes, cosmetics, toileteries ($930.95 Thousand)   Pearls, precious stones, metals, coins ($699.92 Thousand) Optical, photo, technical, medical apparatus ($275.81 Thousand) Soaps, lubricants, waxes, candles, modelling pastes ($208.06 Thousand) Here's a look at which states in the US have manufacturing in similar sectors, along with examples of companies: Essential oils, perfumes, cosmetics, and toiletries: California: A major hub for the cosmetics industry. Examples include Kylie Cosmetics (based in California), Anastasia Beverly Hills (based in California), and numerous smaller, specialized fragrance and skincare companies.   New York: Home to many fragrance houses and cosmetic manufacturers, including Estée Lauder Companies (headquartered in New York) and L'Oréal USA (with a significant presence in New York).   New Jersey: Has a strong base in chemical manufacturing, which is essential for the production of many cosmetic ingredients. Companies like International Flavors & Fragrances (IFF) (has facilities in New Jersey) produce fragrances and cosmetic ingredients.   Pearls, precious stones, metals, and coins (Jewelry and Metal Fabrication): New York: Especially New York City's Diamond District, is a major center for jewelry design and manufacturing. Numerous small and large jewelry businesses operate here, such as Tiffany & Co. (headquartered in New York) and many independent jewelers.   Rhode Island: Has a historical significance in jewelry manufacturing. While it has seen a decline, some companies still operate there. California: Has a growing jewelry manufacturing sector, including both fine jewelry and fashion jewelry. Companies like Gorjana (based in California) are examples. Optical, photo, technical, and medical apparatus: Massachusetts: A significant center for medical device manufacturing and research. Examples include Boston Scientific (headquartered in Massachusetts) and Stryker (has a significant presence in Massachusetts).   California: Strong in both medical devices and optical equipment, particularly in Silicon Valley and Southern California. Companies like Intuitive Surgical (based in California) for surgical robots and Carl Zeiss Vision (has US operations, including in Kentucky) for optical equipment. Innovative Surgical Corp is based in Brockton, MA.   Minnesota: Known as "Medical Alley" due to its high concentration of medical device companies, such as Medtronic (principal executive offices in Minnesota) and 3M (based in Minnesota) which manufactures medical supplies and optical products.   Soaps, lubricants, waxes, candles, and modeling pastes (Chemical Manufacturing and Consumer Goods): Ohio: Has a diverse manufacturing sector, including chemicals and consumer goods. Companies like Procter & Gamble (headquartered in Ohio) manufacture a wide range of soaps and household products.   Illinois: Has a strong manufacturing base, including chemical production.   Pennsylvania: Also has a significant presence in chemical and consumer goods manufacturing.   It's important to note that the specific types and value of goods manufactured in US states may not directly mirror the import values from Aruba. Aruba's economy is more service-oriented, particularly in tourism and oil refining (though refined petroleum is a top US export to Aruba, not import). The "Commodities not specified according to kind" category is broad and difficult to directly link to specific US manufacturing sectors without more detailed information.

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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