top of page

Côte d'Ivoire

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.

david-whipple-mU-wz7JlJMc-unsplash_Ravid.jpg
Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
0
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.82
0.03
0.79

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.

Trading Economics - Imports

Implications

As of Saturday, April 19, 2025, here is an update on tariffs related to Curaçao: New U.S. Tariffs Impacting Curaçao: The United States has implemented a new reciprocal tariff policy that affects Curaçao. As a result, Curaçao now faces a 10% import tariff on goods entering the United States. This new tariff threatens the duty-free trade benefits Curaçao previously enjoyed under the Caribbean Basin Trade Partnership Act (CBTPA), which allowed over 5,800 products to enter the U.S. duty-free until 2030. The Curaçaoan government is currently working on strategies to mitigate the impact, including potential tax incentives for local companies, lowering import duties on essential goods, investing in local agriculture, and attracting tourists from other markets. Curaçao's General Tariff Structure: Curaçao assesses import duties based on the Harmonized System (HS) Code of the goods. Customs duties are calculated on the Cost, Insurance, and Freight (CIF) value of the shipment. Rates vary depending on the category of goods, with essential items generally having lower rates and luxury or non-essential items potentially facing higher rates. In addition to import duties, other taxes may apply, including: Sales Tax (OB): Generally ranges from 6% to 9% on goods and services, applied to the combined CIF value and import duties. Excise Tax: May be levied on specific products like alcohol, tobacco, and fuel. Environmental Tax: A "green tax" may apply to certain items like electronics or vehicles. Trade Agreements and Policies: Curaçao benefits from some unilateral trading schemes, such as the EU's for Overseas Countries and Territories and the U.S.'s Caribbean Basin Initiative Trade Partnership Act (though the latter's benefits are now being eroded by the new tariffs).   The country is actively working to secure additional market access through trade agreements. Curaçao and Trinidad and Tobago are making progress towards finalizing a Partial Scope Trade Agreement (PSTA) to reduce tariffs on specific goods and services between the two nations. The third round of negotiations is scheduled for February 2025 in Curaçao. Curaçao has a National Export Strategy (NES) aimed at diversifying exports, driving economic development, and increasing foreign exchange earnings, focusing on developing key service sectors and improving the business environment.   Key Considerations for Trade with Curaçao: Understand the HS Codes: Correctly classifying goods is crucial for determining the applicable tariff rates. Factor in CIF Value: Import duties are based on the cost of goods, insurance, and freight. Be Aware of Additional Taxes: Sales tax, excise tax, and environmental tax can add to the overall cost. Consider Using a Local Expert: A reliable logistics provider or customs broker familiar with Curaçao's regulations can help navigate the process efficiently. Explore Free Zones: Curaçao has free zones that offer tax benefits for businesses involved in import/export activities. It's important to note that tariff rates and trade policies can change, so it's always best to consult the most recent official sources and customs authorities in Curaçao for the most up-to-date information.

US Negotiation Strategy

Based on the data from 2024, the top imports to the US from Côte d'Ivoire by value are: Cocoa and cocoa preparations ($783.95 Million) Rubbers ($185.42 Million) Edible fruits, nuts, peel of citrus fruit, melons ($53.90 Million) Specifically, a significant portion of this category is likely cashew nuts. Data from February 2025 indicates "Coconuts, brazil nuts, cashew nuts" as a notable import. Regarding which states in the U.S. can manufacture the same, here's a breakdown: Cocoa and cocoa preparations: The US doesn't grow cocoa beans commercially due to climate limitations. However, several states have companies that process imported cocoa beans into cocoa powder, chocolate, and other cocoa preparations: Pennsylvania: Home to The Hershey Company (Hershey).   Illinois: Headquarters of Barry Callebaut USA LLC and Blommer Chocolate Company (Chicago). California: Guittard Chocolate Company (Burlingame).   New Jersey: Mars Wrigley Confectionery (Hackettstown), Puratos Chocolate USA (Pennsauken), and Transmar Group (Morristown).   Wisconsin: Clasen Quality Chocolate (Madison) also has a new facility opening in Virginia (Frederick County).   Other companies with manufacturing facilities in various states include Cargill Cocoa (headquartered in Minnesota) and Olam Cocoa (headquartered in New York). Rubbers: The US does have a synthetic rubber manufacturing industry. Key states with rubber product manufacturing include:   Ohio: Has the highest employment in plastics and rubber products manufacturing. Michigan: Also has a significant presence in this sector, particularly related to the automotive industry. California: Has a substantial number of companies manufacturing rubber products, including WARCO (various locations, including California).   Texas: Another state with a strong manufacturing base for rubber products. Pennsylvania: Home to companies like Associated Rubber (Quakertown).   Other states with notable rubber manufacturing include Illinois, Indiana, North Carolina, and Wisconsin. Companies like Carlisle Companies Incorporated and Continental AG (with US operations) have facilities in multiple states. Edible fruits, nuts (specifically cashew nuts): The US has very limited commercial cashew nut production, mainly in extreme south Florida, Hawaii, and Puerto Rico, which cannot meet domestic demand. However, several companies process and package imported cashews: California: Caro Nut Company (Fresno) processes various tree nuts, including cashews.   Washington: COSTCO WHOLESALE is a major exporter of cashew nuts (likely in processed/packaged form). Wilderness Poets (location not specified but known to offer organic cashews)   Other companies involved in the cashew supply chain include FOODLINX and PRICESMART. Flagstone Foods also has facilities for processing and packaging nuts.   It's important to note that while some states have companies that process or manufacture products similar to the top imports from Côte d'Ivoire, the raw materials, particularly cocoa and cashews, are primarily imported as the US climate is not suitable for large-scale cultivation. The domestic industry focuses on value-added processing and manufacturing using these imported commodities. For rubber, the US has a synthetic rubber industry, reducing reliance on natural rubber imports to some extent.

Investing in USA

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

​

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

​

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.

theboardiQ Logo

Economic
Relevance
Ranking

Get Great Talent. Subscribe.

Thanks for subscribing!

Info@theboardiq.com

265 Garnet Dr 

Livermore, CA 94550

  • Youtube
  • LinkedIn
  • X
  • Facebook
bottom of page