Venezuela - Share of tariff lines with international peaks, primary products (%)

Share of tariff lines with international peaks, primary products (%) in Venezuela was 46.64 as of 2020. Its highest value over the past 28 years was 46.64 in 2020, while its lowest value was 26.50 in 1995.

Definition: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: 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.

See also:

Year Value
1992 44.93
1995 26.50
1997 30.03
1998 36.59
1999 33.97
2000 32.97
2001 35.21
2002 36.25
2003 35.05
2004 30.05
2005 29.32
2006 27.99
2007 41.05
2008 43.51
2009 44.24
2010 30.72
2011 43.23
2012 27.72
2013 41.47
2014 38.35
2015 33.25
2016 36.08
2017 39.64
2018 32.26
2019 40.85
2020 46.64

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs