Country exposure · LI

Liechtenstein
Europe · Vaduz · constitutional monarchy
What Liechtenstein means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$233M
U.S. imports, 2025
-4.3%
change in one year
$56M
U.S. exports, 2025
41K
Population
$8.4B
GDP
In your house
What you buy that Liechtenstein makes
America bought $233M in goods from Liechtenstein in 2025. Of every $100 of it, here's where the money went.
Iron and steel, advanced
Chemicals-other, n.e.c.
Pharmaceutical preparations
medicines and pharmacy items
Measuring, testing, control instruments
Industrial machines, other
Other parts and accessories of vehicles
car parts and accessories
Electric apparatus
Medicinal equipment
medical devices and equipment
Minimum value shipments
Chemicals-inorganic
2026 so far (through April): $81M in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Liechtenstein
$56M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Mineral supplies-manufactured
$17MIndustrial machines, other
$8MLaboratory testing instruments
$8MChemicals-other
$4MMeasuring, testing, control instruments
$3MMinimum value shipments
$2MPhoto, service industry machinery
$2MCivilian aircraft, engines, equipment, and parts
$2MOther industrial supplies
$1MWhere you stand
U.S. tariff posture toward Liechtenstein
Liechtenstein was assigned 37% in April 2025 but — unlike Switzerland, with which it shares a customs union and which faced 39% — was set at 15% in the August reshuffle. The November 14, 2025 framework among the U.S., Switzerland, and Liechtenstein confirmed the higher of the MFN rate or a 15% all-in rate, with exemptions for certain goods. Executive Order 14389 (Ending Certain Tariff Actions, Feb 20, 2026) terminated the IEEPA reciprocal duties, and Proclamation 11012 replaced it with a 10% Section 122 temporary import surcharge effective February 24, 2026. Liechtenstein has no Section 232 steel/aluminum exposure.
Reciprocal tariff (assigned — terminated)
37%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward Liechtenstein has changed 5 times since 2025. This page tracks it.
2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties effective February 24, 2026, replacing Liechtenstein's 15% reciprocal rate with a 10% Section 122 temporary import surcharge under Proclamation 11012 (capped at 150 days).
91 FR 9437 →2025-11-14
U.S.-Switzerland-Liechtenstein framework confirms 15%
AgreementA framework among the U.S., Switzerland, and Liechtenstein set the reciprocal rate at the higher of MFN or a 15% all-in rate, with exemptions for certain agricultural goods, non-patented pharmaceuticals, civil aircraft, and unavailable natural resources, subject to a full agreement targeted for Q1 2026.
Source ↗2025-08-07
Rate set at 15% — below Switzerland's 39%
In effectExecutive Order 14326 set the post-pause Annex I reciprocal rates; Liechtenstein was assigned 15% effective August 7, 2025 — notably lower than the 39% imposed on Switzerland despite their shared customs union.
90 FR 37963 →2025-04-10
Elevated reciprocal rates paused to 10% for 90 days
In effectExecutive Order 14266 suspended the higher country-specific reciprocal rates — including Liechtenstein's 37% — back to the 10% baseline for 90 days.
90 FR 15625 →2025-04-05
Reciprocal tariff regime begins — Liechtenstein assigned 37%
In effectExecutive Order 14257 imposed a 10% universal reciprocal duty effective April 5 and a 37% country-specific rate for Liechtenstein scheduled to take effect April 9 under Annex I.
90 FR 15041 →
Made for America
What Liechtenstein makes for America
Liechtenstein is a direct U.S. source of 3 essential goods Americans rely on — the items themselves, shipped finished off the line.
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic Wars, it became a sovereign state in 1806 and joined the German Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. In 2000, shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money laundering legislation and a Mutual Legal Assistance Treaty with the US that went into effect in 2003.

Geography
- Location
- Central Europe, between Austria and Switzerland
- Area
- 160 sq km
- Climate
- continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
- Terrain
- mostly mountainous (Alps) with Rhine Valley in western third
- Natural resources
- hydroelectric potential, arable land
- Coastline
- 0 km (doubly landlocked)
- Natural hazards
- avalanches, landslides
People & society
- Population
- 40,547 (2025 est.)
- Nationality
- Liechtensteiner(s)
- Ethnic groups
- Liechtensteiner 65.6%, Swiss 9.6%, Austrian 5.8%, German 4.5%, Italian 3.1%, other 11.4% (2021 est.)
- Languages
- German 91.5% (official, Alemannic is the main dialect), Italian 1.5%, Turkish 1.3%, Portuguese 1.1%, other 4.6% (2015 est.)
- Religions
- Roman Catholic (official) 73.4%, Protestant Reformed 6.3%, Muslim 5.9%, Christian Orthodox 1.3%, Lutheran 1.2%, other Protestant 0.7%, other Christian 0.3%, other 0.8%, none 7%, unspecified 3.3% (2015 est.)
- Median age
- 44.4 years (2025 est.)
- Life expectancy at birth
- 83 years (2024 est.)
Economy
- Economic overview
- high-income European economy; Schengen Area participant; key European financial leader; integrated with Swiss economy and franc currency user; one of the highest GDP per capita countries; relies on US and Eurozone markets for exports
- Industries
- electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
- Agricultural products
- wheat, barley, corn, potatoes; livestock, dairy products
Government
- Government type
- constitutional monarchy
- Capital
- Vaduz
- Independence
- 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire); 24 August 1866 (independence from the German Confederation)
- Constitution
- previous 1862; latest adopted 5 October 1921
- Executive branch
- Prince HANS-ADAM II (since 13 November 1989, assumed executive powers on 26 August 1984)
- Legislative branch
- Diet (Landtag)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Wednesday, November 09, 2022