Tariff rate, most favored nation, weighted mean, manufactured products (%) - Country Ranking - Central America & the Caribbean

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 The Bahamas 25.54 2018
2 Cayman Islands 14.51 2016
3 Antigua and Barbuda 13.73 2020
4 Dominica 12.35 2020
5 St. Vincent and the Grenadines 12.16 2020
6 St. Lucia 11.22 2020
7 Belize 10.90 2020
8 Cuba 10.81 2020
9 St. Kitts and Nevis 10.13 2020
10 Barbados 9.67 2020
11 Grenada 9.59 2019
12 Jamaica 9.55 2020
13 Trinidad and Tobago 9.44 2013
14 Dominican Republic 8.04 2020
15 Nicaragua 7.09 2020
16 Haiti 6.41 2020
17 Honduras 5.80 2020
18 El Salvador 5.77 2020
19 Panama 4.57 2020
20 Guatemala 4.31 2020
21 Costa Rica 4.18 2020

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Periodicity: Annual