The US Trade Tariff Exposure Tool is a dynamic, Excel-based solution designed for risk modeling and ongoing analysis of evolving trade tensions between the US and its trading partners. It helps businesses assess the impact of tariffs, monitor policy changes and evaluate potential risks to supply chains and market access.

IBISWorld members can reach out to their Client Relationship Manager for access to the US Trade Tariff Exposure Tool.
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The tool will be downloadable from the IBISWorld platform in May.

The Tariff Exposure tab provides a comprehensive view of the tariff landscape, allowing you to analyze specific tariffs for products within various sub-sectors. This tab helps you assess current and proposed tariff rates, making it a key starting point for evaluating trade risks and identifying product categories for further analysis.

Follow these steps to view active tariffs for a specific sub-sector:

The table covers the tariffs for specific products within the sub-sector. It includes the following columns:

The Tariff Exposure tab allows you to analyze tariff rates across a range of sectors and sub-sectors. You can use this information to identify key tariffs for further analysis on the Tariff Analysis tab, where you can dive deeper into specific tariff impacts.

The Tariff Analysis tab allows you to analyze a specific tariff in greater detail after identifying it in the Tariff Exposure tab. This section provides insights into the tariff's code structure, related IBISWorld industry classification, tariff details for US trading partners, trade agreements and import/export data. By exploring these factors, you can better understand how a particular tariff impacts global trade and industry operations.

Follow these steps to analyze a specific tariff for a sub-sector:

This tab contains the following tables that provide details on the selected tariff.

To the right of the instructions, you’ll find key details about the industry that the selected tariff is a part of. This allows you to explore the related IBISWorld Industry Report for more industry-level data and analysis.

The Code Structure section outlines the hierarchy of Harmonized System (HS) product codes, helping you understand exactly what the tariff applies to.

The US Import Tariffs table displays tariff rates applied to goods imported from different trade partners. It includes old tariffs (implemented before January 20, 2025), new tariffs (implemented after January 20, 2025), and related trade agreements.

This section helps you assess how tariffs vary by country and understand the impact of trade policies on import costs.

This table displays tariffs that other countries apply to US exports. This section helps you understand how US goods are taxed in foreign markets, allowing you to assess trade barriers, export costs and potential impacts on global competitiveness.

This table shows the imports and exports for the product that the selected tariff applies to. It provides a breakdown of the top 25 trade partners, helping you understand which countries are the largest suppliers and buyers. This information is useful when analyzing the impact of the tariff, trade policies and market dependencies.

The Tariff Analysis tab helps you assess the environment for specific tariffs. To understand their broader effect on industries, visit the Industry Exposure tab.

The Industry Exposure tab helps you assess how tariffs impact specific industries. You can analyze industry risk levels and import and export exposure across key trade partners, allowing you to evaluate how tariff changes may affect supply chains, costs and market access.

Getting started on this tab follows the same steps as the Tariff Exposure tab:

This tab covers the following tables, providing insight into risk, export and import exposure levels.

The first table on the tab lists all the industries included in the selected sub-sector and their NAICS codes.

The Risk table covers the structure, growth, sensitivity and total risk of the industries within the selected sub-sector. The risk types follow the same risk modeling as our Risk Ratings Reports. The risk levels are based on our risk scores.

We use the following definitions for each risk type:

Risk scores, which determine the level of risk, incorporate key metrics that tariffs may impact, including Consumer Sentiment, Revenue Volatility, Basis of Competition, and International Trade. This provides an additional layer of analysis for industries without direct import/export exposure, such as Retail, that may still face significant effects from tariff changes. By evaluating these risk factors, businesses can better understand how tariffs may influence their industry, even when direct trade is not a primary concern.

The Import Exposure table measures an industry's reliance on foreign suppliers by analyzing the level of imports from key trade partners, including Mexico, Canada, China, Australia, the UK and Europe.

A higher import exposure indicates greater sensitivity to tariff changes on imported goods, which can impact production costs and supply chain stability. This table helps you assess how vulnerable an industry may be to disruptions in global trade and changing tariff policies.

The Export Exposure table evaluates an industry's dependence on international markets by showing the level of exports to key trade partners. Industries with high export exposure may face significant risks if foreign retaliatory tariffs increase or trade agreements change. This table helps you understand how shifting global trade policies might affect an industry's sales, competitiveness and overall market access.

The Industry Exposure tab provides a broad view of the industry's risk and supply chain exposure. If you identify a highly exposed industry, visit the Industry Analysis tab to analyze how specific tariffs impact it.

The Industry Analysis tab provides a detailed analysis of how specific tariffs impact highly exposed industries. By examining this data, you can assess the potential effects of tariffs on industry costs, competitiveness and market access. This tab helps you understand the broader economic implications of trade policies on industries identified as high-risk on the Industry Exposure tab.

Follow these steps to select and analyze a specific industry:

This tab contains the following sections and tables that provide details about the selected industry.

The Industry Structure table outlines how the selected industry fits within its broader sub-sector and sector, following the NAICS structure. This hierarchy helps you understand the industry's position within the overall market and its relationship to related industries.

The Industry Key Statistics table provides an overview of essential industry metrics, including total revenue, value-added, number of establishments and enterprises and employment figures.

These figures and more can be found in the corresponding Industry Report on IBISWorld’s platform. This data helps you understand the industry's size, economic contribution and workforce, offering context for how tariffs may impact its overall performance.

The Analysis Matrix Analysis table provides a summary of the risk levels for the selected industry by evaluating key risk factors: trade exposure, trade power, demand reliance and industry risk.

The Analysis Matrix Drilldown covers the key data behind the Analysis Matrix. It helps you evaluate the relative strength and leverage between the US and its key trade partners.

The Industry Risk table covers the structure, growth, sensitivity and total risk of the industries within the selected sub-sector. Risk scores, which determine the level of risk, incorporate key metrics that tariffs may impact, including Consumer Sentiment, Revenue Volatility, Basis of Competition, and International Trade.

The Trade Exposure table helps you evaluate the level of trade between the US and its key trade partners. It includes the following columns:

Use this table to identify the level of trade exposure an industry faces with key trade partners.

The Power Balances table helps you evaluate the relative strength and leverage between the US and its key trade partners. It includes the following columns.

Use this table to identify imbalances in trade influence that could affect negotiation dynamics, the likelihood of tariff retaliation, and the resilience of the industry to shifting trade policies.

This table measures an industry's dependence on domestic production vs. international demand. It indicates the ability of domestic production to meet domestic demand.

By comparing domestic and international demand figures and the demand exposure, you can determine how vulnerable an industry is to shifts in global trade.

The Trade Risk Drilldown tables cover more in-depth trade risk data, including the data driving risk trends in the Analysis Matrix Drilldown section.

This table shows the imports and exports for the product that the selected tariff applies to. It provides a breakdown of the top 20 trade partners, helping you understand which countries are the largest suppliers and buyers. This information is useful when analyzing the impact of the tariff, trade policies and market dependencies.

The Key Trading Partners table shows the industry’s import origins and export destinations, along with the trade value and percentage share for Mexico, Canada, China, Australia, the UK and Europe. These countries are selected based on the tariffs imposed by the US and will be updated accordingly.

The Imports section highlights where the industry sources its goods, while the Exports section identifies key international markets for its products. This table helps you evaluate trade dependencies and assess how tariffs or policy changes could affect supply chains and market access.

The Economic Power section displays the GDP of the global economy and key trading partners, measured in current US dollars. It shows each country's contribution as a percentage of total world GDP, providing context on their economic influence. This data helps assess the economic strength of major trade partners and how shifts in their economies may impact industry trade and tariff policies.

This table lists the industries that supply products and services to the selected industry. If these industries face high risks, it can lead to increased costs and operational challenges.

This table lists the industries that buy products and services from the selected industry. If the industry experiences higher costs or reduced supply due to trade policies, buyers may face pricing pressures or production slowdowns.

The Buyer and Supplier tables help you quickly assess the industry's risk exposure based on tariff policies and global trade conditions. You can use this data to identify potential vulnerabilities and determine whether further analysis or strategic adjustments are needed.

This table includes all HS Codes within the selected industry. It indicates previously imposed and newly imposed tariffs for the the industry’s product categories.

The Settings & Downloads tab allows you to adjust the level thresholds for the tables in the Industry Exposure and Industry Analysis tabs and download a PDF summary of the tool.

While the tariffs environment is volatile we will be updating the tool weekly. Once it stabilizes, we will begin updating the tool monthly.

After downloading the tool, you may see a message stating that macros have been blocked because the source of the file is untrusted.

To unblock macros:

If you continue experiencing issues, reach out to your Client Relationship Manager for assistance.

All data in the Tariff Impact Tool comes directly from IBISWorld’s industry research database. See our articles on data sourcing.

Most Favored Nation (MFN) duty rates are the tariff rates that the US applies to imports from all trading partners that are members of the World Trade Organization (WTO), ensuring equal treatment among member countries unless a special trade agreement applies.

All NAICS industries will be included in the tool. Industries in our Specialized collection will not be included. Data for trade exposure is only available for Agriculture, Mining and Manufacturing industries.

The total value of the European Union’s imports and exports is displayed for reference. However, the total import and export values at the top of the table do not include the European Union.

The Risk section on the Industry Exposure tab is populated using IBISWorld report codes, while the rest of the data corresponds with traditional NAICS codes. Although most of IBISWorld’s report codes directly reference NAICS codes, it is not always the case. In the event that one of our report codes is not an exact match with NAICS, you will notice gaps in data.

For example, “33661 Ship and Boat Building” does not show risk ratings because we break this industry up into “33661a Ship Building” and “33661b Boat Building.”

We’re working on fixing this issue to bring you risk levels for every industry.

For any additional questions about the Trade Tariff Exposure Tool, please reach out to your Client Relationship Manager. If you’re not an IBISWorld member, please contact us to learn more about our membership options.