Trinidad and Tobago - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in Trinidad and Tobago was 16.35 as of 2013. Its highest value over the past 22 years was 26.87 in 1999, while its lowest value was 12.40 in 2002.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. 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
1991 21.46
1992 22.04
1996 14.25
1999 26.87
2001 13.78
2002 12.40
2003 12.40
2004 14.29
2005 14.13
2006 13.94
2007 14.90
2008 14.69
2010 15.81
2011 15.80
2012 16.45
2013 16.35

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs