India - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in India was 24.81 as of 2020. Its highest value over the past 30 years was 74.78 in 1990, while its lowest value was 22.49 in 2010.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. 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
1990 74.78
1992 44.88
1996 32.34
1997 26.01
1999 28.79
2000 34.10
2001 34.66
2002 30.90
2003 30.46
2004 31.17
2005 28.36
2006 24.82
2007 27.84
2008 22.93
2009 22.78
2010 22.49
2011 23.29
2012 25.63
2013 25.42
2015 24.33
2016 24.39
2017 24.14
2018 24.37
2019 26.62
2020 24.81

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs