Korea, Rep. | Tariff rate, applied, simple mean, primary products (%)
Simple mean applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Tariff rate, applied, simple mean, primary products (%)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988 19.02
1989 13.76
1990 13.81
1991
1992 13
1993
1994
1995 11.43
1996 21
1997 20.31
1998 21.82
1999 11.12
2000 21.47
2001 22.43
2002 21.08
2003 21.93
2004 21.25
2005 21.52
2006 21.61
2007 20.73
2008 24.7
2009 24.89
2010 25.61
2011 26.58
2012 26.05
2013 27.25
2014 21.68
2015 24
2016 31.29
2017 21.21
2018 20.61
2019
2020 21.11
2021
2022
Korea, Rep. | Tariff rate, applied, simple mean, primary products (%)
Simple mean applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source