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Azerbaijan

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

Powering Mutually Beneficial Global Trade.

 

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
5.5
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.26
0.16
0.1

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

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, here's the latest update on tariffs concerning Azerbaijan, primarily focusing on its trade relationship with the United States due to recent global tariff developments: United States Tariffs on Goods from Azerbaijan: Baseline Tariff: Effective April 5, 2025, the United States imposed a baseline tariff of 10% on imports from most countries, including Azerbaijan. "Reciprocal Tariffs" Pause: While higher "reciprocal tariffs" were initially announced for 57 countries (effective April 9, 2025) based on trade imbalances, Azerbaijan was not among the countries listed for these higher rates. Furthermore, the U.S. implemented a 90-day pause on these country-specific reciprocal tariffs (excluding China, Hong Kong, and Macau) starting April 10, 2025. Current Effective Rate: As a result of the pause, the current effective tariff rate imposed by the United States on most goods imported from Azerbaijan is 10%.   Azerbaijan's General Tariff Policy: Azerbaijan has a relatively liberal trade regime. Since 2018, Azerbaijan simplified its tariff system to include only three rates: 0%, 5%, or 15%, depending on the imported goods. The majority of raw materials and machinery are typically exempt from customs duties (0%). Finished products and agricultural produce are generally charged a 15% tariff. Certain items like computers and laptops have been reported to have a 3% import duty in the past (though the current unified system suggests they would likely fall under 0%, 5%, or 15%). Mobile phones and tablets were previously listed at 15%.   Azerbaijan has Free Trade Agreements (FTAs) with several CIS countries, including Russia, Ukraine, Georgia, Kazakhstan, and others, under which goods can be imported from those countries free of customs duties.   Azerbaijan has been in the process of acceding to the WTO since 1997, with negotiations ongoing.   Impact of US Tariffs on Azerbaijan-US Trade: The initial imposition of a minimum 10% tariff by the U.S. is expected to have a greater impact on Azerbaijan's non-oil and gas exports to the U.S. In 2024, Azerbaijan's non-oil and gas exports to the U.S. amounted to approximately $134.7 million.   While the 10% tariff might not significantly affect the market position of specific Azerbaijani products in the U.S. due to their specialized nature, it could potentially slow the growth rate of overall exports to the U.S. Azerbaijan has a trade deficit with the United States. In 2024, imports from the U.S. were significantly higher than exports. Therefore, tariffs imposed by Azerbaijan on U.S. goods (if any new ones were implemented in response, which hasn't been reported) would primarily affect Azerbaijani consumers and businesses importing from the U.S. There have been no reports of new retaliatory tariffs imposed by Azerbaijan on the U.S.   Key Takeaway: Currently, the main tariff update for Azerbaijan concerns the 10% baseline tariff imposed by the United States on most of its imports, including those from Azerbaijan. The initially discussed higher "reciprocal tariffs" do not currently apply to Azerbaijan due to the 90-day pause. Azerbaijan itself continues to operate under its simplified tariff system of 0%, 5%, and 15% for most goods.

US Negotiation Strategy

Based on the most recent data from 2024, the top imports to the United States from Azerbaijan by value are: Aluminum ($83.17 Million) Commodities not specified according to kind ($48.36 Million) Mineral fuels, oils, distillation products ($18.62 Million in 2023, likely still high in 2024 based on previous trends) Arms and ammunition, parts and accessories ($8.18 Million) Machinery, nuclear reactors, boilers ($5.54 Million) Here's a look at which states in the U.S. can manufacture similar goods, along with examples of companies: Aluminum: Several states have significant aluminum production, including: Washington: Alcoa (Wenatchee), Kaiser Aluminum (Trentwood) Kentucky: Century Aluminum (Hawesville), Logan Aluminum (Russellville - joint venture of Novelis and Tri-Arrows Aluminum) Ohio: JW Aluminum (Mount Holly) West Virginia: Century Aluminum (Ravenswood) Other states with aluminum facilities include Alabama, Arkansas, California, and South Carolina.   Commodities not specified according to kind: This is a broad category and difficult to pinpoint specific manufacturing states and companies without more detail on what these unspecified commodities are. Mineral fuels, oils, distillation products (Petroleum Products): The U.S. has a substantial petroleum industry, with refining and processing concentrated in:   Texas: ExxonMobil (Baytown, Beaumont), Shell (Deer Park), Marathon Petroleum (Galveston Bay) and numerous other large and small refineries.   Louisiana: Marathon Petroleum (Garyville), ExxonMobil (Baton Rouge), Phillips 66 (Lake Charles) and many others. California: Chevron (Richmond, El Segundo), Valero (Benicia), PBF Energy (Martinez) and others.   Other significant oil refining states include Illinois, Pennsylvania, Washington, and New Jersey.   Arms and ammunition, parts and accessories: The U.S. has a large defense industry spread across many states:   Connecticut: Colt's Manufacturing Company (Hartford), Lockheed Martin (various locations for missile systems and aircraft components). Maryland: Lockheed Martin (Bethesda - headquarters, but also manufacturing facilities), Northrop Grumman (various locations).   Virginia: General Dynamics (various divisions), BAE Systems (various locations).   Arizona: Raytheon (Tucson - missile systems). Other states with significant arms and ammunition manufacturing include Alabama, Pennsylvania, and Missouri.   Machinery, nuclear reactors, boilers: A diverse manufacturing sector exists across many states: Illinois: Caterpillar (heavy machinery - Peoria), John Deere (agricultural machinery - Moline).   Wisconsin: Kohler (engines, power systems - Kohler), Rexnord (industrial components - Milwaukee).   Ohio: General Electric (aviation and power - Cincinnati), Emerson Electric (industrial automation - Sidney). Pennsylvania: Westinghouse Electric Company (nuclear technology - Cranberry Township).   Michigan: Various manufacturers of industrial machinery and automation equipment.   Other states with significant machinery manufacturing include Texas, California, Indiana, and North Carolina. It's important to note that while these states and companies manufacture similar types of goods to what the U.S. imports from Azerbaijan, the specific products, grades, and applications may differ. Additionally, the scale of domestic production versus imports can vary significantly. The U.S. often imports specialized components or raw materials even in sectors where it has substantial domestic manufacturing

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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