World bank average tariff rates

Today, the U.S. applies a weighted average tariff of 1.6 percent on its imports, one of the lowest rates worldwide, according to World Bank data. That's equivalent to the EU and a rate similar to Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the

Tariff rate, applied, weighted mean, all products (%) - United States World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base Tariff rate, applied, weighted mean, manufactured products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base ( IDB Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Share of tariff lines with specific rates, all products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database. Tariff rate, most favored nation, simple mean, manufactured products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base In 2016, according to the World Bank, the average applied U.S. tariff across all products was 1.61%; that was about the same as the average rate of 1.6% for the 28-nation EU, and not much higher than Japan’s 1.35%.

Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an economy to world trade. However, there may also be import barriers that are not based on the levy of duties. All data is from the world bank. Import duties are regarded as a variation of protectionism.

Tariff rate, applied, weighted mean, all products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base ( IDB ) and Tariff rate, applied, weighted mean, all products (%) - United States World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base Tariff rate, applied, weighted mean, manufactured products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base ( IDB Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Share of tariff lines with specific rates, all products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database. Tariff rate, most favored nation, simple mean, manufactured products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base

Tariff rate, applied, simple mean, all products (%) from The World Bank: Data.

Definition: Simple mean applied tariff is the unweighted average of effectively Source: World Bank staff estimates using the World Integrated Trade Solution  Mar 26, 2018 This chart shows the average weighted tariff rate applied across all products The World Bank's tariff rates refer to 2016 and are weighted by  is the unweighted average of the effectively applied rates for all products subject Bank's World Development Indicators (WDI) contain a table on average tariffs. Trade-weighted average tariff rate;; Non-tariff barriers ( NTBs ) including, but not sources in order of descending priority: the World Bank's World Development 

Tariff rate, applied, simple mean, all products (%) from The World Bank: Data.

Weighted mean applied tariff is the average of effectively applied rates weighted by the product WBG - WITS, UNCTADTRAINS, World Trade Organization. Feb 28, 2020 Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner  Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calc Read moreulated for all traded WBG - WITS, UNCTADTRAINS, World Trade Organization Disclaimer: Country borders or names do not necessarily reflect the World Bank Group's official position. Feb 28, 2020 Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Weighted mean most favored nations tariff is the average of most favored nation rates Tariff rate, most favored nation, weighted mean, all products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on  

is the unweighted average of the effectively applied rates for all products subject Bank's World Development Indicators (WDI) contain a table on average tariffs.

Effectively Applied Minimum Rate (%) tariff; The lowest tariff value at the tariff line level within the product category: WITS - UNCTAD TRAINS: Tariff: Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012: Annual: Specific duty expressions are estimated using UNCTAD Method (If available) Jan-03-2020: AHS Simple Average (%) World Tariff Profiles 2017 The World Tariff Profiles is a joint publication of the WTO, ITC and UNCTAD devoted to market access for goods. This statistical yearbook contains a comprehensive compilation of the main tariff parameters for each of the 164 WTO members plus other countries and customs territories where data is available. Each tariff The WTO website now offers sophisticated options for researching members’ customs duty rates and in many cases imports. One, the new Tariff Analysis Online, draws on two databases to offer tariff rates on products defined at the highest level of detail, import statistics and the ability to analyse

Tariff rate, applied, weighted mean, all products (%) World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base ( IDB ) and Tariff rate, applied, weighted mean, all products (%) - United States World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and the World Trade Organization’s ( WTO ) Integrated Data Base