Bermuda Trade Tariffs
BM: Share of Tariff Lines with International Peaks: All Products
BM: Share of Tariff Lines with International Peaks: All Products data was reported at 58.812 % in 2021. This stayed constant from the previous number of 58.812 % for 2020. BM: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 63.746 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 68.065 % in 2011 and a record low of 58.812 % in 2021. BM: Share of Tariff Lines with International Peaks: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 58.812 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with International Peaks: All Products from 2007 to 2021 in the chart:
BM: Share of Tariff Lines with International Peaks: Manufactured Products
BM: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 65.849 % in 2021. This stayed constant from the previous number of 65.849 % for 2020. BM: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 70.557 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 74.686 % in 2011 and a record low of 65.849 % in 2021. BM: Share of Tariff Lines with International Peaks: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 65.849 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with International Peaks: Manufactured Products from 2007 to 2021 in the chart:
BM: Share of Tariff Lines with International Peaks: Primary Products
BM: Share of Tariff Lines with International Peaks: Primary Products data was reported at 28.862 % in 2021. This stayed constant from the previous number of 28.862 % for 2020. BM: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 28.862 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 30.879 % in 2009 and a record low of 22.755 % in 2018. BM: Share of Tariff Lines with International Peaks: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 28.862 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with International Peaks: Primary Products from 2007 to 2021 in the chart:
BM: Share of Tariff Lines with Specific Rates: All Products
BM: Share of Tariff Lines with Specific Rates: All Products data was reported at 0.279 % in 2021. This stayed constant from the previous number of 0.279 % for 2020. BM: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 0.411 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 0.835 % in 2016 and a record low of 0.000 % in 2014. BM: Share of Tariff Lines with Specific Rates: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.279 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with Specific Rates: All Products from 2007 to 2021 in the chart:
BM: Share of Tariff Lines with Specific Rates: Manufactured Products
BM: Share of Tariff Lines with Specific Rates: Manufactured Products data was reported at 0.277 % in 2021. This stayed constant from the previous number of 0.277 % for 2020. BM: Share of Tariff Lines with Specific Rates: Manufactured Products data is updated yearly, averaging 0.237 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 0.277 % in 2021 and a record low of 0.000 % in 2014. BM: Share of Tariff Lines with Specific Rates: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.277 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with Specific Rates: Manufactured Products from 2007 to 2021 in the chart:
BM: Share of Tariff Lines with Specific Rates: Primary Products
BM: Share of Tariff Lines with Specific Rates: Primary Products data was reported at 0.291 % in 2021. This stayed constant from the previous number of 0.291 % for 2020. BM: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 2.470 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 3.996 % in 2013 and a record low of 0.000 % in 2014. BM: Share of Tariff Lines with Specific Rates: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.291 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Share of Tariff Lines with Specific Rates: Primary Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Simple Mean: All Products
BM: Tariff Rate: Applied: Simple Mean: All Products data was reported at 22.240 % in 2021. This records a decrease from the previous number of 22.260 % for 2020. BM: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 19.150 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 39.960 % in 2019 and a record low of 18.150 % in 2014. BM: Tariff Rate: Applied: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 22.240 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Simple Mean: All Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Simple Mean: Manufactured Products
BM: Tariff Rate: Applied: Simple Mean: Manufactured Products data was reported at 19.950 % in 2021. This stayed constant from the previous number of 19.950 % for 2020. BM: Tariff Rate: Applied: Simple Mean: Manufactured Products data is updated yearly, averaging 19.740 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 21.700 % in 2019 and a record low of 18.800 % in 2014. BM: Tariff Rate: Applied: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 19.950 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Simple Mean: Manufactured Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Simple Mean: Primary Products
BM: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 32.330 % in 2021. This records a decrease from the previous number of 32.430 % for 2020. BM: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 16.570 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 129.470 % in 2019 and a record low of 13.900 % in 2013. BM: Tariff Rate: Applied: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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).;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 32.330 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Simple Mean: Primary Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Weighted Mean: All Products
BM: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 23.840 % in 2021. This records a decrease from the previous number of 24.070 % for 2020. BM: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 18.730 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 103.170 % in 2019 and a record low of 15.270 % in 2014. BM: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 23.840 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Weighted Mean: All Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products
BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 20.810 % in 2021. This stayed constant from the previous number of 20.810 % for 2020. BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 18.750 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 20.810 % in 2021 and a record low of 16.700 % in 2013. BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 20.810 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Applied: Weighted Mean: Primary Products
BM: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 30.580 % in 2021. This records a decrease from the previous number of 31.320 % for 2020. BM: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 18.840 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 312.080 % in 2019 and a record low of 13.020 % in 2014. BM: Tariff Rate: Applied: Weighted Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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).;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 30.580 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Applied: Weighted Mean: Primary Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products
BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 23.240 % in 2021. This records a decrease from the previous number of 23.320 % for 2020. BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 18.280 % from Dec 2001 to 2021, with 17 observations. The data reached an all-time high of 28.090 % in 2019 and a record low of 17.390 % in 2014. BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 23.240 2021 | yearly | 2001 - 2021 |
View Bermuda's BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products from 2001 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products
BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 21.510 % in 2021. This records a decrease from the previous number of 21.560 % for 2020. BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 20.010 % from Dec 2001 to 2021, with 17 observations. The data reached an all-time high of 22.650 % in 2019 and a record low of 19.410 % in 2014. BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 21.510 2021 | yearly | 2001 - 2021 |
View Bermuda's BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products from 2001 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products
BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 28.320 % in 2021. This records a decrease from the previous number of 28.470 % for 2020. BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 12.680 % from Dec 2001 to 2021, with 17 observations. The data reached an all-time high of 43.970 % in 2019 and a record low of 11.410 % in 2013. BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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).;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 28.320 2021 | yearly | 2001 - 2021 |
View Bermuda's BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products from 2001 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products
BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 23.840 % in 2021. This records a decrease from the previous number of 24.070 % for 2020. BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 18.730 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 103.170 % in 2019 and a record low of 15.270 % in 2014. BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 23.840 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products
BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 20.810 % in 2021. This stayed constant from the previous number of 20.810 % for 2020. BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 18.750 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 20.810 % in 2021 and a record low of 16.700 % in 2013. BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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.;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 20.810 2021 | yearly | 2007 - 2021 |
View Bermuda's BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 2007 to 2021 in the chart:
BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data was reported at 30.580 % in 2021. This records a decrease from the previous number of 31.320 % for 2020. BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data is updated yearly, averaging 18.840 % from Dec 2007 to 2021, with 15 observations. The data reached an all-time high of 312.080 % in 2019 and a record low of 13.020 % in 2014. BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Trade Tariffs. 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).;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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;
| Last | Frequency | Range |
|---|---|---|
| 30.580 2021 | yearly | 2007 - 2021 |