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Lebanon

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

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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 %
1
10
10
2.8
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.54
0.26
0.28

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 Sunday, April 20, 2025, here is an update on tariffs related to Lebanon: Lebanon's General Tariff Rates: Generally, Lebanon maintains relatively low tariff rates. More than 83% of imported goods are subject to duties of at most 5%.   The weighted mean applied tariff rate for all products in Lebanon was 2.83% in 2020. US Tariffs on Goods from Lebanon: As part of a broader implementation of "reciprocal tariffs," the United States has imposed a 10% tariff on Lebanese exports. This was among the lowest tier of increases announced by the U.S.   This 10% tariff affects approximately $153 million worth of goods exported annually from Lebanon to the U.S.   Previously, Lebanese exports to the U.S. generally benefited from relatively low or no tariffs under the U.S. Generalized System of Preferences (GSP) program, which provided duty-free entry for eligible products. The new 10% tariff represents a change from this preferential treatment. The U.S. has announced a 90-day pause on these new reciprocal tariffs for most countries, but it is unclear if Lebanon is included in this pause. Recent reports specifically mentioned the 10% tariff on Lebanese exports alongside the pause for other nations, suggesting it might still be in effect. You would need to consult official U.S. trade announcements for the definitive list of countries included in the pause. Lebanon's Trade Agreements: Lebanon has several active free trade agreements that impact its tariff rates with various partners:   European Union (EU): The EU-Lebanon Association Agreement, in force since 2006, grants Lebanese industrial and most agricultural products free access to the EU market.   European Free Trade Association (EFTA): A free trade agreement with EFTA states (Switzerland, Liechtenstein, Norway, Iceland) provides duty-free access for Lebanese industrial exports (including processed agricultural and marine products) to these countries.   Greater Arab Free Trade Area (GAFTA): Lebanon is a member of GAFTA, which aims for the gradual reduction and eventual elimination of customs duties among 17 Arab member states.   Generalized System of Preferences (GSP): Lebanon was a beneficiary of the U.S. GSP program, allowing duty-free entry for many of its exports to the United States. However, the recent 10% tariff has altered this for the time being. Impact of US Tariffs on Lebanon: The 10% tariff imposed by the U.S., while relatively mild compared to tariffs on other nations, may still challenge Lebanese exporters, particularly small and medium-sized businesses that rely on the U.S. market.   Sectors like food products, textiles, and artisanal goods (e.g., wine, olive oil, processed foods) could see price increases and reduced demand in the U.S. market.   Key Takeaway: The most significant recent tariff update for Lebanon is the imposition of a 10% tariff by the United States on its exports. While Lebanon generally has low tariff rates, this new levy could impact its trade relationship with a key export market. It's important to monitor if Lebanon is included in the U.S.'s 90-day tariff pause for a clearer picture of the immediate future.

US Negotiation Strategy

Based on the most recent data from 2024, the top imports to the US from Lebanon by value are: Pearls, precious stones, metals, coins ($72.46 Million) States with potential manufacturing: New York: Strong presence in the jewelry district in New York City, with numerous companies involved in the cutting, polishing, and setting of precious stones and the manufacturing of jewelry. Examples include Tiffany & Co. (though they also import), Cartier (operations including manufacturing), and various smaller, specialized manufacturers. California: Los Angeles also has a significant jewelry manufacturing sector. Companies include Tacori and many independent designers and manufacturers.   Rhode Island: Historically a major center for jewelry manufacturing, though it has seen decline, some companies still operate there.   Fertilizers ($63.57 Million) States with potential manufacturing: Florida: Phosphate mining and fertilizer production are significant industries. Companies include Mosaic and Nutrien.   Louisiana: Has a substantial chemical industry, including fertilizer production.   Texas: Also has fertilizer production facilities.   North Carolina: Phosphate mining and processing occur here.   Vegetable, fruit, nut food preparations ($24.32 Million) States with potential manufacturing: California: A major agricultural state with extensive fruit, vegetable, and nut processing industries. Examples include Del Monte Foods, Conagra Brands (which owns various fruit and vegetable processing brands), and Blue Diamond Growers (nuts).   Washington: Significant in fruit processing, particularly apples and pears. Companies include Tree Top.   Oregon: Processes fruits and vegetables, including berries and canned goods. Many other states with significant agriculture have food processing facilities, such as Florida, Michigan, and Wisconsin.   Animal, vegetable fats and oils, cleavage products ($18.07 Million) States with potential manufacturing: Illinois: Large soybean and corn processing industries produce vegetable oils. Companies include Archer Daniels Midland (ADM) and Bunge. Iowa: Significant in soybean and corn oil production.   California: Olive oil production and processing exist here.   Various states with meatpacking industries also process animal fats, such as Texas, Nebraska, and Kansas.   Articles of apparel, not knit or crocheted ($11.43 Million) States with potential manufacturing: California: Los Angeles has a significant garment manufacturing district, although much production has moved overseas. Some companies still produce domestically, often focusing on higher-end or specialized apparel. New York: New York City also has apparel manufacturing, particularly in design and some production.   North Carolina: Has a history in textile and apparel production, though it has also seen decline. Some specialized manufacturing remains.   It's important to note that while these US states have the capacity to manufacture similar types of goods, the specific products, quality, and scale of production might differ from those imported from Lebanon. Additionally, the US often imports goods to meet specific demands, price points, or product varieties not fully satisfied by domestic production.

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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