Bangladesh - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in Bangladesh was 15.82 as of 2020. Its highest value over the past 31 years was 84.97 in 1989, while its lowest value was 14.76 in 2007.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation 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. 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 84.97
1994 78.42
1998 23.26
1999 20.15
2000 20.15
2001 19.86
2002 19.94
2003 19.29
2004 18.30
2005 15.27
2006 15.27
2007 14.76
2008 15.60
2009 15.19
2010 15.16
2011 15.09
2012 15.87
2013 15.51
2015 15.56
2016 15.57
2019 15.81
2020 15.82

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs