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New Zealand

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
1.7
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
4.5
5.62
-1.12

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's the latest update on tariffs concerning New Zealand: United States Tariffs on New Zealand: A 10% baseline tariff is currently applied to all goods imported from New Zealand into the United States. This tariff took effect on April 5, 2025.   New Zealand was included in the initial announcement of "reciprocal tariffs" by the U.S., but the rate applied to New Zealand was the baseline 10%. A 90-day pause on increasing the reciprocal tariffs for most countries (excluding China, Hong Kong, and Macau) was announced on April 9, 2025. This pause means the tariff rate for New Zealand remains at the 10% baseline. This 10% tariff is in addition to any existing U.S. tariffs that were already in place for specific sectors. Sectors already facing higher tariffs (which are not replaced by the 10% additional tariff) include: Steel: 25% tariff. Aluminum: 25% tariff. Automobiles and some automobile parts: 25% tariff (for non-USMCA compliant and non-Canadian/Mexican content). Certain products are exempt from the additional 10% tariff, including: lumber, copper, semiconductors, pharmaceuticals, certain critical minerals, and energy and energy products (as listed in Annex II of Executive Order 14257). These exemptions do not necessarily mean these products are exempt from pre-existing sector-specific tariffs.   New Zealand's Response: The New Zealand government has publicly stated that it will not retaliate against the U.S. tariffs by imposing its own tariffs on American goods. Their reasoning is that this would increase costs for New Zealand consumers and be inflationary.   New Zealand officials have sought clarification from the U.S. regarding the rationale behind the tariffs, particularly as the U.S. initially claimed New Zealand had a 20% tariff on U.S. goods, which the New Zealand government denies (stating their average tariff on U.S. goods is around 1.9%).   Impact on New Zealand Businesses: The 10% tariff will likely increase costs for New Zealand exporters to the U.S., potentially impacting their competitiveness and margins.   There is an expectation that at least some of this cost may be passed on to U.S. consumers. New Zealand exporters are advised to assess the impact of the tariffs on their specific products (based on HS codes), review their contracts with U.S. importers regarding tariff responsibility, and consider adjusting pricing strategies or exploring alternative trade routes.   Broader Context: New Zealand is actively engaged in numerous free trade agreements (FTAs) with other countries and blocs, aiming to have 90% of its exports covered by FTAs by 2030.   New Zealand does not currently have a Free Trade Agreement with the United States. In summary, New Zealand exporters to the U.S. are currently facing a new 10% tariff on most goods, in addition to any pre-existing sector-specific tariffs. The New Zealand government has chosen not to retaliate. The long-term implications of these tariffs on the trade relationship between the two countries remain to be seen, especially after the U.S.'s 90-day pause concludes

US Negotiation Strategy

Based on the most recent data (2024), the top imports to the US from New Zealand by value are: Meat and edible meat offal ($1.63 Billion) Specifically, beef is a significant component. Dairy products ($573.02 Million) Including casein, milk powder, butter, and cheese. Beverages, spirits, and vinegar ($570.92 Million) Wine makes up a large portion of this category. Machinery, nuclear reactors, boilers ($444.68 Million) Albuminoids, modified starches, glues, enzymes ($314.65 Million) Here's a look at US states that can manufacture similar goods, along with examples of companies: Meat and Edible Meat Offal (Beef, Lamb): Several US states have significant cattle and lamb ranching and meat processing industries: Texas: A leading state in cattle production and beef processing. Examples: Tyson Foods, Cargill, JBS USA.   Nebraska: Another major beef-producing state. Examples: Greater Omaha Packing, Lincoln Premium Poultry (also beef).   Kansas: Strong in cattle feeding and beef processing. Examples: National Beef, Creekstone Farms. Colorado: Significant in lamb and beef production. Examples: Superior Farms (lamb), Meyer Natural Foods.   California: Has both cattle and lamb production. Examples: Harris Ranch Beef, Mountain Meadow Lamb. Dairy Products (Milk Powder, Cheese, Butter, Casein): Many states have robust dairy industries: California: The largest milk-producing state. Examples: Land O'Lakes, Hilmar Cheese Company. Wisconsin: Known as "America's Dairyland" with a strong cheese production. Examples: Sargento, Kraft Heinz (various cheese brands).   New York: Significant milk and cheese production. Examples: Chobani (yogurt, also dairy), Upstate Niagara Cooperative.   Idaho: A major dairy state. Examples: Glanbia Nutritionals (casein, whey), Darigold.   Pennsylvania: Has a long history of dairy farming. Examples: Turkey Hill Dairy (also ice cream), Schreiber Foods.   Beverages, Spirits, and Vinegar (Wine): The US has significant wine-producing regions:   California: Dominates US wine production. Examples: E. & J. Gallo Winery, Constellation Brands, Treasury Wine Estates Americas.   Washington State: A significant wine-producing region. Examples: Ste. Michelle Wine Estates, Chateau Ste. Michelle.   Oregon: Known for its Pinot Noir and other varietals. Examples: Willamette Valley Vineyards, King Estate Winery.   New York: Has a growing wine industry, particularly in the Finger Lakes and Long Island. Examples: Dr. Konstantin Frank Winery, Lieb Cellars.   Machinery, Nuclear Reactors, Boilers: This is a broad category with manufacturing concentrated in states with strong industrial bases: Illinois: Known for manufacturing industrial machinery. Examples: Caterpillar, John Deere (agricultural machinery).   Wisconsin: Manufactures various types of machinery. Examples: Kohler, Rexnord.   Ohio: Has a diverse manufacturing sector, including machinery components. Examples: Emerson Electric, Lincoln Electric. Pennsylvania: Strong in industrial equipment manufacturing. Examples: GE Vernova (energy-related machinery), Flowserve.   Albuminoids, Modified Starches, Glues, Enzymes: These are more specialized chemical and biological products: Iowa: Significant in agricultural processing, which can lead to the production of starches and related products. Examples: Cargill, ADM (Archer Daniels Midland). Indiana: Has a strong pharmaceutical and chemical manufacturing base. Examples: Eli Lilly, Dow Chemical.   Delaware: Home to major chemical companies. Examples: DuPont. North Carolina: Growing in biotechnology and life sciences. Examples: Novozymes (enzymes), DSM (nutritional products).   It's important to note that while these US states and companies can produce similar types of goods, the specific varieties, qualities, and market focus may differ from those imported from New Zealand. For example, New Zealand lamb has a distinct reputation, and certain New Zealand wines have unique characteristics due to the country's climate and grape varieties.

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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