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Kiribati

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 %
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10
10
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Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
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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

As of Sunday, April 20, 2025, here's an update on tariffs related to Kiribati, keeping in mind that comprehensive and real-time data for specific countries, especially smaller economies, can be less readily available and may have some time lag: General Tariff Regime in Kiribati: Reliance on Tariffs for Revenue: Kiribati, as a small island nation with a limited domestic revenue base, relies on import tariffs as a significant source of fiscal revenue. Simple Average MFN Applied Tariff: Historically, the simple average of the Most Favored Nation (MFN) applied tariff rate in Kiribati has been relatively high compared to the East Asia and Pacific region and lower-middle-income countries. In 2016, it was reported to be around 17.3%. Applied Weighted Mean Tariff (All Products): According to the World Bank data for 2022, the applied weighted mean tariff on all products for Kiribati was 9.1%. VAT (GST): Kiribati also applies a Value Added Tax (VAT/GST) of 20% on most goods, in addition to tariffs. Specific Product Tariffs (Reference): While specific current tariff rates can change, some referenced rates include: Tablets: 20% Computers: 20% Cameras: 20% Accessories: 20% (with or without battery) Clothing: 20% Watches: 20% Jewelry: 20% Home Appliances: 14% Toys: 20% Sports: 20% Luggage: 20% Gaming: 0% Books: 6% Pet Accessories: 6% Dry Food: 12% Home Decor: 20% Video: 20% Document: 20% Trade Agreements: PICTA (Pacific Island Countries Trade Agreement): Kiribati is a party to PICTA, which aims for the progressive reduction and elimination of tariffs among member countries.   PACER Plus (Pacific Agreement on Closer Economic Relations Plus): Kiribati has signed and ratified PACER Plus, a free trade agreement that includes Australia, New Zealand, and Pacific Island countries, covering goods, services, investment, and development cooperation.   Everything But Arms (EBA) Initiative: As a Least Developed Country (LDC), Kiribati benefits from duty-free and quota-free access to the European Union (EU) market under the EBA initiative (excluding arms and armaments). SPARTECA (South Pacific Regional Trade and Economic Cooperation Agreement): This agreement provides Kiribati with duty-free or preferential access to the markets of Australia and New Zealand for most products. United States Tariffs on Kiribati: In 2022, data from UNCTAD TRAINS indicated that the applied tariff rate by the United States on imports from Kiribati for many product categories was 0.00% (Most Favored Nation rate was sometimes higher). This suggests that Kiribati benefits from preferential treatment in the U.S. market for many goods. Recent Updates and Considerations: Kiribati Trade Policy Framework (2017-2027): This framework aims to guide Kiribati's trade policies and integration into the global trading system. E-commerce Policy: Kiribati has been developing its e-commerce policy to leverage digital trade opportunities.   Challenges: Kiribati faces significant challenges in global trade integration due to its remoteness, small scale, vulnerability to external shocks, and the impact of climate change.   Customs Act 2019: This act governs the collection and management of customs duties in Kiribati. To get the most precise and up-to-date tariff information for specific goods being imported into or exported from Kiribati, it is recommended to consult the following resources: Kiribati Customs Authority: They would have the most current tariff schedule and regulations. You might be able to find information on the Kiribati Trade Portal. Harmonized System (HS) Codes: Identify the specific HS code for the goods in question, as tariffs are typically applied based on these codes.   World Integrated Trade Solution (WITS): This database provides some tariff information, although data for smaller economies might not be the most current.   Relevant Trade Agreements: Check the specific tariff schedules and rules of origin under PICTA, PACER Plus, SPARTECA, and the EBA initiative if trading with those regions. Keep in mind that tariff rates and trade policies can change, so always seek the most official and recent sources for accurate information.

US Negotiation Strategy

Based on the most recent data (April 2025), the top imports to the US from Kiribati by value are: Fish, crustaceans, molluscs, aquatic invertebrates ($764.34K in 2024) Commodities not specified according to kind ($65.98K in 2024) Milling products, malt, starches, inulin, wheat gluten ($44.11K in 2024) Electrical, electronic equipment ($29.73K in 2024) Impregnated, coated or laminated textile fabric ($24.27K in 2024) Here's a look at which states in the US can manufacture similar products, along with examples of companies: Fish, crustaceans, molluscs, aquatic invertebrates: Alaska: A major hub for the fishing industry, with companies like Trident Seafoods and Peter Pan Seafoods.   Washington: Another significant state for seafood production, home to companies such as Icicle Seafoods and Ocean Beauty Seafoods.   Louisiana: Known for its shellfish and finfish industries, with numerous smaller and larger seafood processors.   Other coastal states like Massachusetts, Maine, California, and Oregon also have substantial fishing and seafood processing sectors.   Commodities not specified according to kind: This is a very broad category and difficult to pinpoint specific manufacturers without more detailed information on what these unspecified commodities are. Milling products, malt, starches, inulin, wheat gluten: Kansas: A leading state in wheat production and milling, with companies like ADM Milling and Ardent Mills.   Minnesota: Has a significant agricultural processing sector, including grain milling, with companies like General Mills and Cargill (which has a wide range of food ingredient production).   Iowa: A major producer of corn, which is used for starches and other milling products. Companies like Tate & Lyle operate facilities here. Illinois: Another key state in agricultural processing and grain handling, with various milling and ingredient companies. Electrical, electronic equipment: California: Silicon Valley is a global center for electronics manufacturing and technology, with companies like Apple, Intel, and various smaller component manufacturers.   Texas: Has a growing technology and electronics manufacturing sector, with companies such as Dell and Texas Instruments having significant operations.   Massachusetts: A hub for high-tech industries and electronics manufacturing, with companies like Analog Devices and Raytheon Technologies.   Other states with notable electronics manufacturing include Oregon, Arizona, and North Carolina.   Impregnated, coated or laminated textile fabric: North Carolina: Has a long history in textile manufacturing, including specialized fabrics. Companies like Glen Raven Technical Fabrics are based here.   South Carolina: Another state with a strong textile industry, with various companies producing coated and laminated fabrics for different applications. Georgia: Also has a significant textile manufacturing presence.   States like Pennsylvania and California also have manufacturers of specialized textile products. It's important to note that while these states and companies can produce similar types of goods, the specific nature, quality, and scale of production might differ from the imports coming from Kiribati. Trade often occurs due to factors like specialization, cost efficiency, and existing supply chains.

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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