Bangladesh - Tariff rate, most favored nation, weighted mean, all products (%)

Tariff rate, most favored nation, weighted mean, all products (%) in Bangladesh was 11.48 as of 2020. Its highest value over the past 31 years was 88.43 in 1989, while its lowest value was 7.71 in 2008.

Definition: Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.

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 and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1989 88.43
1994 77.19
1998 22.15
1999 18.52
2000 18.11
2001 17.89
2002 18.31
2003 19.06
2004 15.80
2005 22.70
2006 21.64
2007 9.25
2008 7.71
2009 10.71
2010 9.94
2011 9.63
2012 12.84
2013 12.09
2015 12.32
2016 11.03
2019 9.34
2020 11.48

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs