Bermuda - Tariff rate, most favored nation, simple mean, all products (%)

Tariff rate, most favored nation, simple mean, all products (%) in Bermuda was 23.32 as of 2020. Its highest value over the past 19 years was 28.09 in 2019, while its lowest value was 17.39 in 2013.

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.

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:

2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
Year Value
2001 19.55
2005 18.56
2007 18.39
2008 18.28
2009 18.24
2010 17.95
2011 17.92
2012 17.44
2013 17.39
2014 17.39
2015 17.47
2016 17.56
2017 19.37
2018 23.32
2019 28.09
2020 23.32

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs