Tariff Rate By Country January 2022

The Tariff Rate (%) represents the percentage of import duties imposed on goods entering a country. This measure provides insights into the level of trade protectionism, barriers to international trade, and their impact on economic competitiveness. Monitoring this rate allows individuals to stay updated on trade policies, market access conditions, and potential implications for domestic industries and consumers.

As of January 2020, Kiribati had the highest tariff rate at 28.1%, followed by the Bahamas at 18.6% and the Solomon Islands at 18.5%. These countries exhibited relatively higher levels of trade protectionism, which could potentially affect their economic competitiveness. On the other hand, Brunei, Hong Kong, and Macau had a tariff rate of 0%, indicating a more open trade environment.

In January 2021, Kiribati maintained its top position with a tariff rate of 28.1%. Bhutan ranked second with a rate of 22.1%, followed by Djibouti at 20.9%. Notably, Singapore and Brunei had relatively low tariff rates, with Singapore at 0% and Brunei at 0.2%, suggesting a more liberalized trade policy.

By January 2022, Zimbabwe had the highest tariff rate at 67.7%, indicating a higher level of trade protectionism. Comoros ranked second with a rate of 26.5%, followed by Bhutan at 22.1%. Brunei, Kiribati, and Singapore maintained low tariff rates, with Brunei at 0.2%, Kiribati at 0%, and Singapore at 0%.

Monitoring the Tariff Rate (%) provides valuable insights into a country's trade policies, the level of trade protectionism, and its potential implications for industries and consumers. It helps individuals understand the market access conditions for imported goods, the competitiveness of domestic industries, and the overall trade environment.

Tariff Rate By Country January 2022 (%, January 2022)

Rank	Country	%
1	Zimbabwe	67.7
2	Comoros	26.5
3	Bhutan	22.1
4	Djibouti	20.9
5	Sri Lanka	19
6	Bahamas	18
7	Belize	17.2
8	Central African Republic	16.9
9	Sudan	16
10	Equatorial Guinea	15.6
11	Cameroon	14.9
11	Fiji	14.9
12	Dominica	14.7
13	Burundi	14.5
14	Saint Lucia	14.2
15	Gabon	14.1
16	Chad	14
17	Algeria	13.8
18	Nepal	13.7
19	Uganda	13.6
20	Rwanda	13.4
21	Barbados	13.3
22	Sierra Leone	13.2
23	Gambia	13.1
24	Iran	12.9
25	Saint Vincent and the Grenadines	12.6
25	Venezuela	12.6
26	Maldives	12.5
27	Egypt	12.4
28	Argentina	12.2
28	Suriname	12.2
28	Togo	12.2
29	Guinea-Bissau	12.1
29	Liberia	12.1
30	Cape Verde	12
30	Kenya	12
31	Benin	11.8
31	Republic of the Congo	11.8
31	Ethiopia	11.8
32	Lesotho	11.4
33	Niger	11.2
34	Ghana	11
35	Morocco	10.7
36	Bangladesh	10.6
37	Mali	10.5
38	Jamaica	10.4
39	Tanzania	10.1
39	Cambodia	10.1
39	Madagascar	10.1
40	Brazil	10
40	Sao Tome and Principe	10
41	Uruguay	9.8
42	Mauritania	9.7
43	Pakistan	9.6
43	Bolivia	9.6
43	Senegal	9.6
44	Burkina Faso	9.5
44	Ecuador	9.5
45	Tunisia	9.4
46	Guinea	9.3
46	Samoa	9.3
47	Azerbaijan	9.2
47	Vanuatu	9.2
48	Eswatini	9.1
48	Jordan	9.1
48	Laos	9.1
49	Malawi	8.8
50	DR Congo	8.5
50	South Korea	8.5
51	Zambia	8.4
52	Ivory Coast	8.2
52	Solomon Islands	8.2
52	Nigeria	8.2
53	Trinidad and Tobago	8.1
53	Bosnia and Herzegovina	8.1
54	Dominican Republic	8
54	Cuba	8
55	El Salvador	7.8
56	Tajikistan	7.7
57	Angola	7.5
58	Haiti	7.3
59	Mozambique	7.2
60	India	7
61	Namibia	6.9
62	Colombia	6.8
63	Thailand	6.7
63	Honduras	6.7
64	Serbia	6.5
64	Paraguay	6.5
65	Panama	6.4
65	Botswana	6.4
65	South Africa	6.4
66	North Macedonia	6.1
66	Nicaragua	6.1
67	Chile	6
67	Bahrain	6
68	Kyrgyzstan	5.9
69	Tonga	5.8
69	Oman	5.8
70	Armenia	5.7
70	Indonesia	5.7
71	Philippines	5.6
71	Vietnam	5.6
71	Montenegro	5.6
72	Russia	5.5
73	Lebanon	5.4
73	Eritrea	5.4
74	Mongolia	5.3
74	Myanmar	5.3
74	Guyana	5.3
75	Costa Rica	5.2
76	Micronesia	5.1
76	Saudi Arabia	5.1
77	Guatemala	5
78	Kazakhstan	4.8
79	Kuwait	4.7
79	Belarus	4.7
79	Turkey	4.7
79	Uzbekistan	4.7
80	Seychelles	4.4
81	Qatar	4.3
82	Moldova	4.2
82	Mexico	4.2
83	Malaysia	3.9
84	Albania	3.7
85	United Arab Emirates	3.4
85	Canada	3.4
85	China	3.4
86	Ukraine	3.2
86	Kosovo	3.2
87	Israel	3.1
88	Lithuania	2.9
88	Belgium	2.9
88	Austria	2.9
88	Hungary	2.9
88	Ireland	2.9
88	Italy	2.9
88	Latvia	2.9
88	Luxembourg	2.9
88	Malta	2.9
88	Netherlands	2.9
88	Poland	2.9
88	Portugal	2.9
88	Romania	2.9
88	Slovakia	2.9
88	Slovenia	2.9
88	Spain	2.9
88	Sweden	2.9
88	Turkmenistan	2.9
88	United Kingdom	2.9
88	Bulgaria	2.9
88	Croatia	2.9
88	Cyprus	2.9
88	Czech Republic	2.9
88	Denmark	2.9
88	Estonia	2.9
88	Finland	2.9
88	France	2.9
88	Germany	2.9
88	Greece	2.9
89	Timor-Leste	2.5
89	Australia	2.5
89	New Zealand	2.5
90	United States	2.4
91	Papua New Guinea	2.3
91	Norway	2.3
91	Japan	2.3
92	Iceland	2
92	Taiwan	2
93	Peru	1.8
94	Georgia	1.7
94	Switzerland	1.7
95	Mauritius	1.3
96	Brunei	0.2
97	Kiribati	0
97	Singapore	0