On 06 July 2023, the World Trade Organization (WTO) released its 2023 edition of “World Tariff Profiles”, an annual publication providing comprehensive information on tariffs imposed on imports by over 170 countries and customs territories. The Report - jointly prepared with the International Trade Centre and the United Nations Conference on Trade and Development (UNCTAD) - also provides data on non-tariff measures (NTMs), such as anti-dumping actions, countervailing duties and safeguard measures.
One-page profiles provide an overview of each economy's tariffs broken down by product group. The profiles also show the tariffs imposed by its main trading partners.
Summary tables provide comparisons of the average “bound” or maximum tariff each economy may apply to imports and the average tariffs it applies in practice. Data is provided for agricultural and non-agricultural products as well as for “all products”. Import and export profiles provide comparisons of the value of imports for each economy, the level of export diversification, and relevant tariff data.
The publication also contains two special topics. The first analyses the evolution of market access over 16 years of “World Tariff Profiles”, highlighting trends for applied and bound tariffs across product groups, regions and levels of development. It reveals a modest improvement in trade opening, with the average tariff for all products declining from 10.1% in 2006 to 8.9% in 2021.
The second topic looks into the product classification system used by the WTO for trade statistics and policy analysis. It underlines that the 2023 version of the WTO's Multilateral Trade Negotiations (MTN) Categories, containing a new two-tier structure for 22 MTN categories with a total of 72 MTN sub-categories, will facilitate more precise analysis of trade patterns.
The publication is available at:
https://www.wto.org/english/res_e/publications_e/world_tariff_profiles23_e.htm
The new data are also available in the WTODATA portal at: