St. Vincent and the Grenadines - Tariff rate, most favored nation, weighted mean, manufactured products (%)

Tariff rate, most favored nation, weighted mean, manufactured products (%) in St. Vincent and the Grenadines was 12.16 as of 2020. Its highest value over the past 24 years was 20.16 in 1996, while its lowest value was 3.53 in 2006.

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 20.16
1999 16.51
2000 16.55
2001 12.29
2002 11.32
2003 11.16
2006 3.53
2007 11.35
2010 11.75
2011 11.61
2012 11.88
2013 11.88
2015 11.71
2016 11.95
2017 12.03
2018 12.37
2019 12.37
2020 12.16

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs