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

Tariff rate, most favored nation, simple mean, primary products (%) in Peru was 1.51 as of 2020. Its highest value over the past 27 years was 17.16 in 1993, while its lowest value was 1.49 in 2015.

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
1993 17.16
1995 16.24
1997 13.83
1998 13.76
1999 13.76
2000 15.14
2001 12.34
2002 12.34
2003 12.32
2004 12.34
2005 11.95
2006 11.75
2007 11.75
2008 7.95
2009 4.90
2010 4.87
2011 2.94
2013 2.72
2014 2.72
2015 1.49
2017 1.51
2018 1.51
2019 1.51
2020 1.51

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs