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

Tariff rate, most favored nation, weighted mean, all products (%) in Uruguay was 10.01 as of 2020. Its highest value over the past 28 years was 12.88 in 1998, while its lowest value was 5.81 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.

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 5.81
1995 10.62
1996 10.32
1997 10.55
1998 12.88
1999 12.31
2000 12.15
2001 12.37
2002 10.67
2004 9.31
2005 8.00
2006 7.26
2007 7.68
2008 6.55
2009 7.72
2010 8.51
2011 8.64
2012 7.96
2013 8.64
2014 8.63
2015 8.59
2016 9.42
2017 11.33
2018 9.82
2019 9.80
2020 10.01

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs