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
19.02 1988
13.76 1989
13.81 1990
1991
13 1992
1993
1994
11.43 1995
21 1996
20.31 1997
21.82 1998
11.12 1999
21.47 2000
22.43 2001
21.08 2002
21.93 2003
21.25 2004
21.52 2005
21.61 2006
20.73 2007
24.7 2008
24.89 2009
25.61 2010
26.58 2011
26.05 2012
27.25 2013
21.68 2014
24 2015
31.29 2016
21.21 2017
20.61 2018
2019
21.11 2020
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