Korea, Rep. | Tariff rate, applied, weighted mean, primary products (%)

Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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. 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, weighted mean, primary products (%)
year value
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 8.15
1989 5.57
1990 6.19
1991
1992 6.26
1993
1994
1995 5.85
1996 31.35
1997 25.94
1998 26.49
1999 5.54
2000 17.34
2001 18.64
2002 18.94
2003 18.62
2004 17.6
2005 13.47
2006 11.42
2007 11.51
2008 13.13
2009 12.61
2010 11.03
2011 10.43
2012 10.62
2013 11.26
2014 9.66
2015 9.38
2016 16.27
2017 9.98
2018 9.54
2019
2020 12.99
2021
2022

Korea, Rep. | Tariff rate, applied, weighted mean, primary products (%)

Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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. 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