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Martinique

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
10
10
0
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.2
0
0.2

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.

Tariff rate, applied, weighted mean, all products (%)

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 Sunday, April 20, 2025, here's an update on tariffs related to Martinique: General Tariff Situation: Martinique, as an overseas department of France and an integral part of the European Union, generally adheres to the EU's Common Customs Tariff. This means that goods entering Martinique from outside the EU are subject to the same tariff rates as if they were entering mainland France. However, there are specific provisions that apply to the French overseas departments, including Martinique. These can include exemptions or reductions on certain locally produced goods. Recent US Tariffs and Martinique: Based on the recent sweeping tariff announcements by the United States under President Trump: A baseline tariff of 10% applies to imports from most countries, including France and its overseas territories like Martinique. This went into effect on April 5, 2025.   Higher, "reciprocal tariffs" were announced for specific countries with significant trade imbalances. For Martinique, the reciprocal tariff rate is set at 10%. This means that goods from Martinique entering the US face a total tariff of 10% (the baseline rate).   This 10% reciprocal tariff for Martinique aligns with the rate applied to other French overseas territories like Guadeloupe and French Guiana. Reunion faces a higher rate of 37%, while Saint Pierre and Miquelon face a 50% tariff. French Polynesia is also listed at 10%.   The US specifically did not consider Martinique as part of the EU for the purpose of applying a higher 20% reciprocal tariff that was initially announced for the European Union. Tariffs within Martinique/EU: As part of the EU's single market, there are no tariffs or customs duties on goods moving between Martinique and other EU member states. Other Import Taxes and Fees in Martinique (for goods from outside the EU): Beyond tariffs, imports into Martinique may be subject to other taxes and fees, including: Value Added Tax (VAT): The standard VAT rate in Martinique is 8.5%. Certain categories of goods may have different rates. "Octroi de Mer": This is a local tax specific to the French overseas departments. The rates can vary significantly depending on the product. For new furniture, it was previously noted to be 15% plus additional rights. Used personal effects might also be subject to this tax, though potentially at lower rates. Other potential fees: These could include transit dues or other administrative charges. Trade Agreements: As an integral part of France and the EU, Martinique benefits from the EU's trade agreements with various countries and regions.   Most recently, Martinique is exploring closer trade opportunities within the Caribbean region following its move to become an associate member of the Caribbean Community (CARICOM). This could lead to reduced trade barriers and potentially the elimination of duties with other CARICOM members in the future. Martinique aims to act as a bridge between the EU and CARICOM.   The EU also has a preferential trade agreement with CARIFORUM (which includes CARICOM members and the Dominican Republic), providing duty-free and quota-free access to the EU for most CARIFORUM goods and gradually liberalizing EU exports.   In summary, the latest tariff update for Martinique shows that goods from Martinique entering the United States are subject to a 10% tariff. Trade within the EU is tariff-free. Imports from outside the EU into Martinique are subject to the EU's Common Customs Tariff, the local "Octroi de Mer" tax, and VAT at 8.5%, among other potential fees. Martinique is also exploring closer trade ties within the Caribbean region.   It's important to note that tariff rates and trade policies can change, and for specific goods, it's always best to consult the official customs authorities of the importing country and the relevant trade agreements.

US Negotiation Strategy

Based on available trade data, the top imports to the US from Martinique are not specified with detailed breakdowns in the same way as major global trading partners. However, based on general import categories for Martinique and available snippets, we can infer some likely imports, although specific volumes and values for the US are limited: Likely Top Imports to the US from Martinique (based on Martinique's exports and US-Martinique trade): Agricultural Products: Given Martinique's agricultural sector, it's plausible that some fresh produce or related agricultural goods are exported to the US. Specific examples from Martinique's overall exports include: Bananas: Martinique is known for banana production.   Melons and Watermelons: These are also listed as exports.   Citrus Fruits: Another potential agricultural export. Cut Flowers: These are also listed as an export. Beverages: Rum and Tafia: Martinique is known for its rum production.   Waters (including mineral and aerated, with added sugar etc.): These are also listed as exports.   Manufactured Goods (likely smaller volumes): Sailboats: These appear in Martinique's export data and could be a niche import to the US. Possibly some articles made of wood, cork, basketry: While these are a larger import to Martinique, some smaller-scale artisanal exports to the US are possible. Here's a look at US states that can manufacture similar types of goods: Agricultural Products: Many US states have significant agricultural sectors that produce fruits, vegetables, and flowers:   California: Leads in the production of a wide variety of fruits (including citrus and melons), vegetables, and flowers. Examples of agricultural companies/cooperatives include Sunkist Growers (citrus), Driscoll's (berries), and various flower growers in Southern California.   Florida: A major producer of citrus fruits, tomatoes, and other tropical and subtropical crops. Examples include Florida's Natural Growers (citrus).   Georgia: Known for peaches, pecans, and Vidalia onions.   Washington: Famous for apples, pears, and cherries.   Oregon: Produces berries, pears, and nursery products (including flowers). Hawaii: Grows tropical fruits like bananas, pineapples, and papayas, as well as flowers. Beverages (Rum and Flavored Waters): Rum: While not as dominant as in the Caribbean, some US states have rum distilleries: Florida: Several craft distilleries produce rum, such as Wicked Dolphin Distillery.   Louisiana: Has a history of rum production, with companies like Bayou Rum.   Hawaii: Produces rum from sugarcane, for example, Koloa Rum Company.     Flavored Waters: Many large beverage companies manufacture flavored and mineral waters across various states: Coca-Cola Company (Georgia): Dasani Flavors, Smartwater. PepsiCo (New York): Aquafina Flavors. While Nestlé Waters North America was a major player (Poland Spring, Arrowhead), it was sold in 2021 and is now under new ownership (BlueTriton Brands). They have bottling plants in various states.   Manufactured Goods (Sailboats and Wood/Basketry): Sailboats: Several states have sailboat manufacturers: Florida: A large market for boating, with manufacturers like Island Packet Yachts. North Carolina: Has a significant boat building industry, including sailboats. Rhode Island: A historical center for boatbuilding. California: Also has sailboat manufacturers.   Wood and Basketry: These are often smaller-scale or artisanal industries spread across many states with access to timber and craft traditions. Examples are harder to pinpoint to large companies but exist in regions with strong craft traditions like parts of Appalachia (Kentucky, West Virginia, North Carolina) and the Pacific Northwest. It's important to note that while the US can manufacture similar categories of goods to those imported from Martinique, the specific types, varieties, and volumes may differ significantly. The US market is vast and diverse, with well-established domestic production in many of these sectors. Imports from a smaller economy like Martinique likely fill niche demands or have historical trade relationships.

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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