Bangladesh - Tariff rate, applied, simple mean, primary products (%)

Tariff rate, applied, simple mean, primary products (%) in Bangladesh was 14.53 as of 2020. Its highest value over the past 31 years was 81.76 in 1994, while its lowest value was 13.13 in 2015.

Definition: 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).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1989 78.85
1994 81.76
1998 24.88
1999 21.79
2000 21.79
2001 21.39
2002 21.46
2003 19.98
2004 18.62
2005 15.79
2006 15.83
2007 14.97
2008 15.85
2009 14.92
2010 14.89
2011 14.58
2012 15.35
2013 14.40
2015 13.13
2016 13.63
2019 13.91
2020 14.53

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs