Uruguay - Tariff rate, most favored nation, weighted mean, manufactured products (%)

Tariff rate, most favored nation, weighted mean, manufactured products (%) in Uruguay was 11.23 as of 2020. Its highest value over the past 28 years was 14.44 in 2000, while its lowest value was 5.83 in 1992.

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
1992 5.83
1995 11.92
1996 11.30
1997 11.62
1998 13.63
1999 13.75
2000 14.44
2001 14.20
2002 12.80
2004 12.52
2005 10.60
2006 9.88
2007 9.76
2008 9.34
2009 10.12
2010 10.66
2011 10.87
2012 10.86
2013 10.54
2014 10.53
2015 10.10
2016 10.32
2017 12.06
2018 11.58
2019 11.55
2020 11.23

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs