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

Tariff rate, most favored nation, weighted mean, all products (%) in Cuba was 10.45 as of 2020. Its highest value over the past 27 years was 11.06 in 1993, while its lowest value was 8.22 in 2005.

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
1993 11.06
1996 8.88
1997 8.82
1998 8.88
1999 8.78
2000 8.45
2001 9.15
2002 8.79
2003 9.01
2004 8.53
2005 8.22
2006 10.09
2007 10.05
2008 10.05
2009 10.10
2010 10.16
2011 9.57
2012 9.60
2013 9.04
2015 9.81
2016 9.54
2017 9.18
2019 10.06
2020 10.45

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs