Venezuela, RB | Tariff rate, applied, weighted mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Tariff rate, applied, weighted mean, manufactured 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
1989
1990
1991
16.7 1992
1993
1994
11.94 1995
1996
13.57 1997
13.36 1998
12.8 1999
13.35 2000
14.66 2001
13.61 2002
12.25 2003
11.93 2004
12.96 2005
11.09 2006
11.3 2007
9.33 2008
8.89 2009
10.22 2010
8.04 2011
8 2012
7.87 2013
10.05 2014
11.78 2015
10.91 2016
10.44 2017
9.67 2018
11.06 2019
15.91 2020
2021
2022
Venezuela, RB | Tariff rate, applied, weighted mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source