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

Tariff rate, most favored nation, weighted mean, primary products (%) in St. Vincent and the Grenadines was 15.01 as of 2020. Its highest value over the past 24 years was 15.35 in 2017, while its lowest value was 9.05 in 2011.

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. 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
1996 13.83
1999 14.80
2000 13.29
2001 12.89
2002 12.28
2003 13.09
2006 12.06
2007 13.71
2010 9.72
2011 9.05
2012 11.65
2013 11.65
2015 10.53
2016 14.34
2017 15.35
2018 14.52
2019 14.52
2020 15.01

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs