Tariff profiles around the world: the latest version of the WCO
In this article we will present the different sources of detailed information that provide more information on the tariffs applied by over 170 economies.
The World Tariff Profiles are a joint WTO, ITC and UNCTAD source on market access for products. This annual publication contains a range of information on market access for goods and other countries and customs territories.
The summary tables allow you to analyse across countries, and compare the average “bound” or maximum duty that each country can impose on its imports with the average duty rate it actually applies. A one-page summary for each nation provides more detailed information, with tariff data broken down by category of goods
Using data from UNCTAD’s Trade Analysis and Information System (TRAINS), this chapter examines three indicators of the use of non-tariff measures: the periodicity index, the take-up rate and the prevalence rate.
These indicators reveal the percentage of products covered by non-tariff measures, the share of trade covered by non-tariff measures and the number of measures applicable to a particular group of goods.
The chapter shows that almost 60% of imported goods are subject to at least one form of non-tariff measure. In terms of trade value, around 80% of imported products are subject to NTMs.
Each economy’s profile also shows the tariffs imposed on its exports by its main trading partners via a summary table that provides information on the import and export profiles for each economy. These indicators on non-tariff measures by economy and product group complement the tariff data.
