St. Lucia - Tariff rate, most favored nation, weighted mean, manufactured products (%)

Tariff rate, most favored nation, weighted mean, manufactured products (%) in St. Lucia was 11.22 as of 2020. Its highest value over the past 24 years was 20.88 in 1996, while its lowest value was 10.83 in 2019.

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:

Year Value
1996 20.88
1999 17.61
2000 17.71
2001 11.74
2002 12.51
2003 12.48
2005 13.50
2006 13.12
2007 14.10
2010 12.91
2011 13.03
2012 13.39
2013 12.71
2014 10.97
2015 10.94
2016 11.55
2019 10.83
2020 11.22

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs