Guinea-Bissau - Tariff rate, most favored nation, weighted mean, manufactured products (%)

Tariff rate, most favored nation, weighted mean, manufactured products (%) in Guinea-Bissau was 12.90 as of 2020. Its highest value over the past 19 years was 15.58 in 2006, while its lowest value was 11.93 in 2007.

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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
2001 13.46
2002 13.46
2003 13.74
2004 14.86
2005 13.59
2006 15.58
2007 11.93
2008 14.82
2009 11.95
2010 13.56
2011 13.32
2012 12.22
2013 12.23
2014 13.46
2017 12.84
2018 12.29
2019 12.67
2020 12.90

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs