Tariff rate, most favored nation, simple mean, manufactured products (%) - Country Ranking - South America
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. 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: Thematic map, Time series comparison
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Venezuela | 15.25 | 2020 |
| 2 | Brazil | 15.21 | 2020 |
| 3 | Argentina | 14.64 | 2020 |
| 4 | Ecuador | 12.81 | 2020 |
| 5 | Bolivia | 11.83 | 2020 |
| 6 | Uruguay | 11.10 | 2020 |
| 7 | Paraguay | 10.34 | 2020 |
| 8 | Guyana | 8.92 | 2020 |
| 9 | Suriname | 8.79 | 2020 |
| 10 | Chile | 5.98 | 2020 |
| 11 | Colombia | 4.55 | 2020 |
| 12 | Peru | 2.78 | 2020 |
More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |
Periodicity: Annual
