Switzerland - Tariff rate, most favored nation, weighted mean, primary products (%)

Tariff rate, most favored nation, weighted mean, primary products (%) in Switzerland was 18.28 as of 2020. Its highest value over the past 30 years was 89.59 in 1995, while its lowest value was 9.32 in 2010.

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
1990 47.33
1993 56.91
1995 89.59
1996 52.51
1997 19.68
1998 20.47
1999 20.54
2000 13.35
2001 12.89
2002 13.31
2003 16.63
2004 13.60
2005 13.86
2006 12.84
2007 11.86
2008 9.96
2009 10.62
2010 9.32
2011 11.35
2012 10.43
2013 12.46
2014 13.51
2015 14.96
2016 16.97
2017 21.71
2018 20.66
2019 70.25
2020 18.28

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs