Solomon Islands - Tariff rate

Tariff rate, applied, simple mean, manufactured products (%)

Tariff rate, applied, simple mean, manufactured products (%) in Solomon Islands was 10.90 as of 2020. Its highest value over the past 12 years was 10.90 in 2020, while its lowest value was 8.51 in 2016.

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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
2008 9.57
2015 8.55
2016 8.51
2017 8.55
2018 8.72
2019 10.60
2020 10.90

Tariff rate, most favored nation, simple mean, manufactured products (%)

Tariff rate, most favored nation, simple mean, manufactured products (%) in Solomon Islands was 9.67 as of 2020. Its highest value over the past 25 years was 41.51 in 1995, while its lowest value was 9.07 in 2015.

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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
1995 41.51
2006 13.97
2007 9.21
2008 9.19
2010 9.29
2011 9.14
2013 9.14
2015 9.07
2016 9.07
2017 9.18
2018 9.62
2019 10.57
2020 9.67

Tariff rate, applied, weighted mean, manufactured products (%)

Tariff rate, applied, weighted mean, manufactured products (%) in Solomon Islands was 12.01 as of 2020. Its highest value over the past 12 years was 12.01 in 2020, while its lowest value was 8.51 in 2015.

Definition: 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.

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
2008 8.56
2015 8.51
2016 8.54
2017 9.00
2018 9.30
2019 10.02
2020 12.01

Tariff rate, most favored nation, weighted mean, manufactured products (%)

Tariff rate, most favored nation, weighted mean, manufactured products (%) in Solomon Islands was 12.01 as of 2020. Its highest value over the past 12 years was 12.01 in 2020, while its lowest value was 8.56 in 2008.

Definition: Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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
2008 8.56
2015 8.98
2016 9.06
2017 9.42
2018 9.72
2019 10.43
2020 12.01

Tariff rate, applied, simple mean, all products (%)

Tariff rate, applied, simple mean, all products (%) in Solomon Islands was 11.86 as of 2020. Its highest value over the past 12 years was 16.85 in 2019, while its lowest value was 10.09 in 2017.

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.

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
2008 10.80
2015 10.72
2016 10.78
2017 10.09
2018 12.24
2019 16.85
2020 11.86

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

Tariff rate, most favored nation, simple mean, all products (%) in Solomon Islands was 11.18 as of 2020. Its highest value over the past 25 years was 39.88 in 1995, while its lowest value was 10.16 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:

Year Value
1995 39.88
2006 14.53
2007 10.31
2008 10.22
2010 10.19
2011 10.22
2013 10.16
2015 11.02
2016 11.04
2017 10.90
2018 12.41
2019 16.03
2020 11.18

Tariff rate, applied, weighted mean, all products (%)

Tariff rate, applied, weighted mean, all products (%) in Solomon Islands was 13.62 as of 2020. Its highest value over the past 12 years was 35.65 in 2015, while its lowest value was 13.62 in 2020.

Definition: 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.

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
2008 14.60
2015 35.65
2016 14.08
2017 18.49
2018 30.28
2019 17.52
2020 13.62

Tariff rate, most favored nation, weighted mean, all products (%)

Tariff rate, most favored nation, weighted mean, all products (%) in Solomon Islands was 13.62 as of 2020. Its highest value over the past 12 years was 36.09 in 2015, while its lowest value was 13.62 in 2020.

Definition: Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.

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
2008 14.62
2015 36.09
2016 14.60
2017 18.91
2018 30.69
2019 18.01
2020 13.62

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

Tariff rate, applied, simple mean, primary products (%) in Solomon Islands was 17.91 as of 2020. Its highest value over the past 12 years was 45.74 in 2019, while its lowest value was 14.75 in 2008.

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
2008 14.75
2015 22.49
2016 23.66
2017 20.21
2018 35.27
2019 45.74
2020 17.91

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

Tariff rate, most favored nation, simple mean, primary products (%) in Solomon Islands was 15.60 as of 2020. Its highest value over the past 25 years was 34.53 in 1995, while its lowest value was 13.25 in 2010.

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
1995 34.53
2006 16.37
2007 14.03
2008 13.69
2010 13.25
2011 13.87
2013 13.57
2015 16.72
2016 16.80
2017 15.92
2018 20.59
2019 32.00
2020 15.60

Tariff rate, applied, weighted mean, primary products (%)

Tariff rate, applied, weighted mean, primary products (%) in Solomon Islands was 17.21 as of 2020. Its highest value over the past 12 years was 63.69 in 2018, while its lowest value was 17.09 in 2008.

Definition: 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).

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
2008 17.09
2015 60.26
2016 21.87
2017 33.62
2018 63.69
2019 34.30
2020 17.21

Tariff rate, most favored nation, weighted mean, primary products (%)

Tariff rate, most favored nation, weighted mean, primary products (%) in Solomon Islands was 17.21 as of 2020. Its highest value over the past 12 years was 64.09 in 2018, while its lowest value was 17.12 in 2008.

Definition: Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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
2008 17.12
2015 60.68
2016 22.40
2017 34.02
2018 64.09
2019 34.97
2020 17.21

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs