Vietnam - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in Vietnam was 12.70 as of 2020. Its highest value over the past 26 years was 17.82 in 2004, while its lowest value was 11.87 in 2012.

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
1994 13.40
1999 17.42
2001 17.12
2002 17.08
2003 17.76
2004 17.82
2005 17.76
2006 17.76
2007 17.76
2008 14.09
2009 13.37
2010 12.07
2012 11.87
2013 11.94
2014 12.10
2015 12.02
2016 12.54
2017 12.52
2018 12.70
2019 12.70
2020 12.70

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs