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Gambia

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
16.4
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.08
0
0.08

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 today, Saturday, April 19, 2025, here's the latest update on tariffs related to The Gambia: United States Tariffs on Goods from The Gambia: The United States, under President Trump's recent tariff actions, has imposed a 10% reciprocal tariff on goods imported from The Gambia. This tariff went into effect on April 5, 2025. The U.S. government stated that this reciprocal tariff is equivalent to the charges The Gambia imposes on goods imported from the United States. The Gambia's General Tariff Structure: As a member of the Economic Community of West African States (ECOWAS), The Gambia applies the bloc's Common External Tariff (CET), which was fully implemented on January 1, 2017. This tariff structure has four bands:   0%: For basic social goods. 5%: For raw materials, capital goods, and specific inputs.   10%: For intermediate goods. 20%: For final consumer goods and other products not elsewhere specified. In addition to these, The Gambia applies: A 1.55% processing fee on the CIF (cost, insurance, and freight) value of all imports.   An ECOWAS levy of 0.5% on the CIF value of all imports. Other taxes like Excise Tax and Environmental Tax on specific goods. A 15% Value Added Tax (VAT) is levied on the CIF value plus import duty.   Specific Goods: Computers and computer parts: Generally attract no import duty. However, printers may have a 10% import duty and are subject to VAT.   Educational materials and articles: Are typically duty-free.   Motor Vehicles: Import duties vary based on the vehicle type but include: Import Duty: 25% of the CIF value. Excise Duty: 20% of (CIF value + Import Duty). VAT: 16% of (CIF value + Import Duty + Excise Duty). Other fees like processing and ECOWAS levy.   Used Cars: May also be subject to an Environmental Tax depending on their age. Trade Policy of The Gambia: The Gambia generally operates a liberal trade regime with few restrictions, primarily concerning public health and safety. The government aims to create a competitive and export-oriented economy led by private sector growth.   They are focused on diversifying exports and increasing the participation of small and medium-sized enterprises in trade. In summary, the most recent tariff update for The Gambia involves the new 10% reciprocal tariff imposed by the United States. The Gambia itself follows the ECOWAS Common External Tariff, with rates ranging from 0% to 20% depending on the type of goods, along with other fees and taxes.

US Negotiation Strategy

Based on the most recent data from 2024, the top imports to the US from Gambia by value are: Ores, slag and ash ($983.13K) Fish, crustaceans, molluscs, aquatic invertebrates ($620.78K) Animal, vegetable fats and oils, cleavage products ($149.44K) Optical, photo, technical, medical apparatus ($80.18K) Essential oils, perfumes, cosmetics, toiletries ($69.92K) Here's a look at which states in the US can manufacture similar goods, along with some example companies: Ores, slag and ash: This category is broad and includes various mineral products. States with significant mining and mineral processing industries include:   Arizona: Freeport-McMoRan (copper mining)   Nevada: Newmont Corporation (gold mining)   Utah: Rio Tinto (copper, gold, and other minerals) Minnesota: Cleveland-Cliffs (iron ore) Michigan: Cleveland-Cliffs (iron ore) Fish, crustaceans, molluscs, aquatic invertebrates: These are natural resources, so manufacturing in the traditional sense doesn't apply. However, the US has significant aquaculture and seafood processing industries in states like: Alaska: Trident Seafoods   Washington: Cooke Aquaculture Pacific Maine: Luke's Lobster Louisiana: многочисленные seafood processors   North Carolina: Wanchese Fish Company Animal, vegetable fats and oils, cleavage products: These are produced through agriculture and processing. States with large agricultural sectors and food processing industries include: Iowa: Cargill (soybean and corn processing)   Illinois: Archer Daniels Midland (ADM) (soybean and corn processing)   California: многочисление producers of olive oil, almond oil, etc.   Texas: многочисленные meat processing plants North Carolina: Mountaire Farms (poultry fats)   Optical, photo, technical, medical apparatus: These are high-tech manufactured goods. States with strong manufacturing in these sectors include: California: многочисление Silicon Valley companies in optics and imaging; medical device companies like Medtronic and Abbott. Massachusetts: "Medical Alley" with numerous medical device companies like Boston Scientific.   Minnesota: Another hub for medical device manufacturing, including 3M.   New York: Strong in optical equipment manufacturing. Essential oils, perfumes, cosmetics, toiletries: These are produced through chemical processing and manufacturing. States with significant chemical and consumer goods manufacturing include: New Jersey: многочисление fragrance and flavor companies like International Flavors & Fragrances (IFF).   Ohio: Procter & Gamble (P&G) manufactures many personal care products.   Illinois: многочисление cosmetic and personal care product manufacturers.   California: большой number of cosmetic and personal care product companies. It's important to note that while these US states have the capacity to manufacture similar types of goods, the specific products imported from Gambia might have unique characteristics or be in categories where domestic production doesn't fully meet demand. Additionally, the scale of production and the specific types of ores or fish, for example, can vary significantly.

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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