Lesotho - Tariff rate, most favored nation, weighted mean, all products (%)

Tariff rate, most favored nation, weighted mean, all products (%) in Lesotho was 11.65 as of 2020. Its highest value over the past 19 years was 30.04 in 2019, while its lowest value was 10.73 in 2013.

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.

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 12.31
2004 16.72
2005 16.85
2006 15.99
2007 13.62
2008 12.36
2009 11.61
2010 10.94
2011 13.53
2012 13.41
2013 10.73
2014 11.02
2015 11.99
2016 11.77
2017 12.10
2018 11.55
2019 30.04
2020 11.65

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs