Congo - Tariff rate, most favored nation, weighted mean, primary products (%)

Tariff rate, most favored nation, weighted mean, primary products (%) in Congo was 17.25 as of 2015. Its highest value over the past 21 years was 20.50 in 1994, while its lowest value was 15.07 in 1997.

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. 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 and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1994 20.50
1997 15.07
2001 16.37
2002 16.33
2003 16.27
2004 16.27
2005 16.35
2006 16.27
2007 15.93
2008 15.89
2009 15.89
2010 15.89
2011 15.89
2013 17.61
2014 17.51
2015 17.25

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs