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Saudi Arabia

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

Powering Mutually Beneficial Global Trade.

 

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
5.4
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
13.18
12.73
0.44

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 today, Sunday, April 20, 2025, here's the latest update on tariffs involving Saudi Arabia: United States Tariffs on Goods from Saudi Arabia: Baseline Tariff: As part of a broader trade policy announced earlier in April 2025, the United States has imposed a 10% baseline tariff on goods imported from Saudi Arabia, effective April 5, 2025. This tariff applies to nearly all imported goods. ""Reciprocal Tariffs"": While the U.S. announced higher ""reciprocal tariffs"" on specific countries with significant trade deficits, Saudi Arabia was not among the countries targeted for these higher rates. Therefore, the 10% baseline tariff is the primary additional levy Saudi Arabian goods face. 90-Day Pause: The U.S. did announce a 90-day pause on the ""reciprocal tariffs"" for most countries (excluding China, Hong Kong, and Macau), starting April 9, 2025. However, since Saudi Arabia was only subject to the baseline tariff, this pause doesn't directly alter the 10% rate for Saudi Arabian imports.   Oil Exemption: Notably, crude oil and gas imports have been explicitly exempted from these new tariffs. This is a significant factor in the U.S.-Saudi trade relationship, as oil is a major Saudi export to the United States. Saudi Arabia's Tariffs on Goods from the United States: As a member of the Gulf Cooperation Council (GCC), Saudi Arabia generally applies the GCC common external tariff of 5% for most products imported from countries outside the GCC, including the United States. However, Saudi Arabia does have some exceptions with higher tariff rates to protect local industries. These can range up to 12%, 15%, and 20% for specific goods. For example, certain textiles, aluminum products, furniture, and plastic bags might face these higher rates.   It's important to note that in June 2020, Saudi Arabia increased customs duty rates on various products, although these increases were still within World Trade Organization (WTO) ceilings.   In September 2024, Saudi Arabia implemented a new fee structure for customs services on imports, charging 0.15% of the value of imported goods with a minimum and maximum fee. Export fees were waived to encourage exports. As of the latest information, Saudi Arabia has not announced any retaliatory tariffs specifically targeting the new U.S. tariffs. Analysts suggest that the impact of the U.S. tariffs on Saudi Arabia might be limited due to the relatively lower volume of non-oil exports to the U.S. and the existing trade surplus the U.S. has with Saudi Arabia. Key Takeaways: Currently, most Saudi Arabian goods imported into the U.S. face a 10% tariff, with crude oil being a significant exception.   Saudi Arabia's tariffs on U.S. goods are generally 5%, with some specific products facing higher rates. The trade relationship between the two countries is complex, with energy being a dominant factor. Analysts believe the immediate impact of the new U.S. tariffs on Saudi Arabia might be less severe compared to countries with larger trade imbalances with the U.S. I t's advisable to consult official tariff schedules and trade resources for the most specific and up-to-date information based on the Harmonized System (HS) codes of particular goods."

US Negotiation Strategy

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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