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Benin

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
10.2
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.22
0.05
0.17

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 related to Benin: Benin's General Tariff Structure: Benin is a member of the Economic Community of West African States (ECOWAS) and implements the Common External Tariff (CET).   The ECOWAS CET standardizes tariffs for member states, with rates ranging from 0% to 35%, depending on the type and origin of the imported goods. This is designed to protect industries within the ECOWAS region from unfair competition.   The CET has four main categories of tariffs: 0%, 5%, 10%, and 20%, with a fifth band of 35% primarily influenced by Nigeria. In addition to customs duties, Benin levies an 18% Value Added Tax (VAT) on most activities, with exemptions for salaries and agriculture-related activities. This VAT is also applicable to imported goods at the point of entry but is typically refundable to sellers and importers at the end of the fiscal year.   Recent Global Tariff Changes and Benin: United States Tariffs: While the United States announced a 10% tariff on all countries effective April 5, 2025, followed by higher reciprocal tariffs, a 90-day pause on these reciprocal tariffs (excluding China, Hong Kong, and Macau) was implemented on April 10, 2025. This means that the tariff rate for Benin on imports to the U.S. is currently at the baseline of 10%.   It's important to note that this is a developing situation, and the U.S. policy could change after the 90-day pause. Benin itself did not announce any significant changes to its tariff rates in direct response to the recent U.S. actions. Benin-U.S. Trade Relationship: In 2024, the total value of U.S. goods trade with Benin was $265.1 million. U.S. goods exports to Benin in 2024 were $216.4 million, a decrease of 10% ($24.1 million) from 2023. However, between January 2024 and January 2025, U.S. exports to Benin increased by $4.49 million (38.5%).   U.S. goods imports from Benin in 2024 were $48.6 million, an increase of 290.5% ($36.2 million) from 2023. The U.S. had a goods trade surplus with Benin of $167.8 million in 2024, a 26.4% decrease ($60.3 million) over 2023. Benin is eligible for the African Growth and Opportunity Act (AGOA), which provides eligible sub-Saharan African countries with duty-free access to the U.S. market for certain goods.   Key Aspects of Benin's Trade Policy: Since the early 1990s, Benin has undertaken trade liberalization, abolishing most quantitative restrictions on imports and primarily using customs duties as its main trade policy instrument.   Benin aims to facilitate trade and has established a one-stop window for customs clearance at the Port of Cotonou, significantly reducing clearance times.   Benin is a signatory to all international trade conventions under the WTO and UNCTAD and is part of regional economic unions like ECOWAS and the West African Economic and Monetary Union (WAEMU), applying their common external tariff.   For specific tariff rates on particular goods imported into Benin: You would need to consult Benin's tariff schedule, which aligns with the ECOWAS CET. Resources for this information include the Benin Customs website (if available and up-to-date) and potentially the ECOWAS website. The U.S. Department of Commerce's Country Commercial Guide for Benin may also provide some details on import tariffs. In summary, the most recent tariff update concerning Benin involves the application of the ECOWAS CET and the current 10% baseline tariff imposed by the United States on imports from Benin (subject to potential changes after the 90-day pause). Benin itself has not announced any major independent tariff changes recently.

US Negotiation Strategy

Based on the latest data from April 2025, the top imports to the US from Benin by value are: Residues, wastes of food industry, animal fodder ($33.26 Million) Edible fruits, nuts, peel of citrus fruit, melons ($13.02 Million) Commodities not specified according to kind ($3.09 Million) Articles of apparel, knit or crocheted ($2.88 Million) Vegetable, fruit, nut food preparations ($445.08K) Here's a look at which states in the US can manufacture similar goods, along with examples of companies: Residues, wastes of food industry, animal fodder: This category is broad and includes byproducts from various food processing industries used for animal feed.   Iowa: Has a significant agricultural sector and numerous companies that process grains and other agricultural products, resulting in animal feed ingredients (e.g., Cargill, Land O'Lakes).   Nebraska: Similar to Iowa, with a large agricultural base and feed production (e.g., ADM, Purina Animal Nutrition). California: With a diverse agricultural sector, there are companies involved in producing feed from various sources, including fruit and vegetable processing byproducts (e.g., West Coast Ingredients).   Edible fruits, nuts, peel of citrus fruit, melons: These are agricultural products. California: Leads the nation in the production of a wide variety of fruits, nuts (almonds, walnuts, pistachios), citrus fruits, and melons (e.g., Wonderful Company, Dole, various agricultural cooperatives).   Florida: Known for its citrus fruits (oranges, grapefruits) and melons (e.g., Florida's Natural, various citrus growers' associations).   Washington: A major producer of apples, pears, and cherries (e.g., Tree Top, various fruit grower cooperatives).   Georgia: Famous for peaches and pecans (e.g., Lane Southern Orchards, various pecan processors).   Articles of apparel, knit or crocheted: This involves textile manufacturing. North Carolina: Historically a major textile manufacturing state, it still has a significant presence in knitting and apparel production (e.g., Hanesbrands, Unifi - a yarn manufacturer). South Carolina: Similar to North Carolina, with a history in textiles and ongoing apparel manufacturing (e.g., Milliken & Company - a textile and chemical manufacturer with apparel applications). California: Has a significant apparel industry, particularly in design and some manufacturing, although much production has moved overseas (e.g., American Apparel - with some domestic production, various smaller design and manufacturing houses). Vegetable, fruit, nut food preparations: This includes processed foods like jams, jellies, canned fruits and vegetables, and nut butters. California: With its vast agricultural output, many companies in California process fruits, vegetables, and nuts into various food preparations (e.g., Smucker's has facilities in California, various fruit and vegetable canneries and processors). Oregon: Known for fruit processing, particularly berries (e.g., Oregon Fruit Products).   Michigan: Significant in fruit production, especially cherries and apples, leading to processing industries (e.g., various fruit processing companies in the state).   It's important to note that while these US states have the capacity to manufacture similar types of goods to those imported from Benin, the specific varieties, quality, and scale of production might differ. Additionally, the US may import these goods from Benin due to factors like seasonal availability, specific product types not widely grown in the US, or cost considerations. There aren't readily available examples of large companies in Benin manufacturing these exact products for export to the US. The Beninese economy is more focused on agricultural raw materials like cotton and cashews.

Investing in USA

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

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

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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