Korea - Share of tariff lines with international peaks, primary products (%)

Share of tariff lines with international peaks, primary products (%) in Korea was 17.97 as of 2020. Its highest value over the past 32 years was 56.81 in 1988, while its lowest value was 17.97 in 2020.

Definition: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. 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.

See also:

Year Value
1988 56.81
1989 19.58
1990 24.59
1992 23.17
1995 25.17
1996 27.47
1997 25.97
1998 29.54
1999 26.96
2000 28.46
2001 27.84
2002 29.29
2003 30.34
2004 28.50
2005 30.19
2006 29.07
2007 25.42
2008 31.59
2009 31.90
2010 32.62
2011 32.85
2012 31.68
2013 31.28
2014 22.58
2015 21.67
2016 33.14
2017 20.97
2018 19.28
2020 17.97

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs