Sri Lanka - Tariff rate, applied, weighted mean, primary products (%)

Tariff rate, applied, weighted mean, primary products (%) in Sri Lanka was 11.75 as of 2020. Its highest value over the past 30 years was 45.77 in 1993, while its lowest value was 6.90 in 2015.

Definition: Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. 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
1990 37.10
1993 45.77
1994 43.88
1997 40.50
1998 20.56
2000 11.18
2001 11.01
2003 8.57
2004 8.12
2005 9.63
2006 8.19
2007 8.54
2008 8.28
2009 9.67
2010 12.01
2011 11.18
2012 9.70
2014 9.57
2015 6.90
2017 15.22
2018 19.46
2019 23.19
2020 11.75

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs