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Liechtenstein

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
37
10
0
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.07
0.24
-0.18

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

Based on the latest information available, here's an update on tariffs related to Liechtenstein as of Sunday, April 20, 2025: United States Tariffs on Goods from Liechtenstein: A 37% reciprocal tariff was announced by the United States on imports from Liechtenstein, effective April 10, 2025. However, this tariff increase has been delayed until July 9, 2025. Prior to this announced increase, the weighted mean applied tariff rate for Liechtenstein was reported as 0.00% in recent data. This suggests that Liechtenstein generally faces very low or no tariffs on average for its exports to the US under normal trade relations. The rationale behind the significant 37% tariff is reportedly linked to the U.S.'s aim to address trade imbalances, even with smaller economies. The tiny size of Liechtenstein and its limited global influence make it particularly vulnerable to such measures.   Liechtenstein's Trade and Tariff Policies: Customs Union with Switzerland: Liechtenstein has a customs union with Switzerland. This means that for many purposes, the tariff and trade policies of Switzerland also apply to Liechtenstein.   European Economic Area (EEA) and EFTA: Liechtenstein is a member of the European Free Trade Association (EFTA) and participates in the European Economic Area (EEA). Through the EEA agreement, Liechtenstein has access to the European Union's single market.   Low Trade Barriers: Generally, Liechtenstein has low customs duties and very few trade barriers, particularly with EU member states and Switzerland. Trade with the U.S.: The United States is a significant overseas trading partner for Liechtenstein. Key exports from Liechtenstein include power tools, cables, connectors, high-quality fillings, and false teeth.   Key Takeaways: Liechtenstein was recently targeted by a significant 37% tariff by the United States, which came as a shock to the small nation.   This tariff increase has been temporarily delayed until July 9, 2025. Liechtenstein generally benefits from low tariffs due to its customs union with Switzerland and its membership in the EEA and EFTA. The U.S. action appears to be part of a broader strategy to leverage tariffs to address trade balances, even with smaller economies that may have limited means of retaliation or negotiation. It's important to monitor the situation, as the implementation of the 37% tariff in July could significantly impact Liechtenstein's exports to the United States.

US Negotiation Strategy

Based on available information from late 2024 and early 2025, the top imports to the US from Liechtenstein include: Precious metals and stones (including imitation jewelry): This category appears to have been a significant import in the recent past, although there was a notable decrease in value in 2023 compared to 2022. Machinery and mechanical appliances: This is a broad category that Liechtenstein is known for producing, particularly small specialty machinery and parts for motor vehicles.   Electrical machinery and equipment: This includes connectors for audio and video. Dental products: Liechtenstein is a known producer of high-quality dental products, including fillings and false teeth.   Precision instruments and optical products: This aligns with Liechtenstein's focus on high-tech manufacturing.   Metal by-products and hardware: These have also been significant exports historically. Regarding which states in the US can manufacture similar goods, here are some examples of states and companies involved in these sectors: Precious metals and stones (including imitation jewelry): Rhode Island: Has a history of jewelry manufacturing. Companies like Alex and Ani (though facing recent financial challenges) and numerous smaller manufacturers are involved in producing jewelry, some using precious and semi-precious stones, as well as base metals.   New York: Especially the area around New York City, has a significant jewelry district with many manufacturers. California: Los Angeles also has a notable jewelry manufacturing industry.   Machinery and mechanical appliances: Illinois: Known for manufacturing industrial machinery. Companies like Caterpillar (heavy machinery) and John Deere (agricultural machinery) have a strong presence. ThyssenKrupp Presta (automotive steering components), a Liechtenstein company, has operations in Indiana (Terre Haute) and Illinois (Danville), demonstrating US manufacturing in this area.   Michigan: While famous for automotive assembly, it also has a strong base in manufacturing automotive parts and other machinery. Companies like BorgWarner produce various vehicle components.   Wisconsin: Has a diverse manufacturing sector, including machinery. Companies like Harley-Davidson (though primarily vehicles, they manufacture complex mechanical components) and Oshkosh Corporation (specialty vehicles and access equipment) are examples.   Electrical machinery and equipment: California: Silicon Valley is a global hub for electronics and semiconductor manufacturing. Companies like Intel, Apple, and Tesla (though primarily known for EVs, they manufacture complex electronic components) have significant operations.   Texas: Has a growing technology and electronics manufacturing sector. Companies like Texas Instruments are major players.   Massachusetts: Strong in electronics and high-tech manufacturing. Companies like General Electric (though diversified, they have a significant electrical equipment division) have a presence. Neutrik, a Liechtenstein company producing audio connectors, sees its components used in devices manufactured in the US. Dental products: New York: Ivoclar Vivadent, a major Liechtenstein dental product manufacturer, has operations in Amherst, NY, indicating US-based manufacturing of similar goods. Other dental supply companies like Dentsply Sirona have facilities in various states, including Pennsylvania and North Carolina.   Precision instruments and optical products: Massachusetts: A hub for medical device manufacturing and research. Companies like Boston Scientific and Stryker manufacture precision medical instruments.   California: Strong in medical devices and biotechnology. Companies like Medtronic have a significant presence.   Minnesota: Known as "Medical Alley" with a high concentration of medical device companies like 3M and Abbott.   Metal by-products and hardware: Pennsylvania: Has a long history of steel and metal manufacturing. Companies like U.S. Steel and Nucor have operations there.   Ohio: Also has a significant metal manufacturing sector.   Indiana: Has a strong manufacturing base, including metal products.   It's important to note that while these states and companies manufacture similar types of goods, the specific high-quality, specialized products from Liechtenstein might not have direct, exact equivalents produced in the US. Liechtenstein often focuses on niche markets and high-precision engineering.

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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