Venezuela Trade Tariffs

Venezuela VE: Binding Coverage: All Products

1995 - 2016 | Yearly | % | World Bank

VE: Binding Coverage: All Products data was reported at 99.980 % in 2016. This stayed constant from the previous number of 99.980 % for 2015. VE: Binding Coverage: All Products data is updated yearly, averaging 99.980 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 99.980 % in 2016 and a record low of 99.980 % in 2016. VE: Binding Coverage: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
99.98 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Binding Coverage: All Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Binding Coverage: All Products

Venezuela VE: Binding Coverage: Manufactured Products

1995 - 2016 | Yearly | % | World Bank

VE: Binding Coverage: Manufactured Products data was reported at 100.000 % in 2016. This stayed constant from the previous number of 100.000 % for 2015. VE: Binding Coverage: Manufactured Products data is updated yearly, averaging 100.000 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 100.000 % in 2016 and a record low of 100.000 % in 2016. VE: Binding Coverage: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 World Trade Organization.; ;

Last Frequency Range
100.00 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Binding Coverage: Manufactured Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Binding Coverage: Manufactured Products

Venezuela VE: Binding Coverage: Primary Products

1995 - 2016 | Yearly | % | World Bank

VE: Binding Coverage: Primary Products data was reported at 99.920 % in 2016. This stayed constant from the previous number of 99.920 % for 2015. VE: Binding Coverage: Primary Products data is updated yearly, averaging 99.920 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 99.920 % in 2016 and a record low of 99.910 % in 2005. VE: Binding Coverage: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 World Trade Organization.; ;

Last Frequency Range
99.92 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Binding Coverage: Primary Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Binding Coverage: Primary Products

Venezuela VE: Bound Rate: Simple Mean: All Products

1995 - 2016 | Yearly | % | World Bank

VE: Bound Rate: Simple Mean: All Products data was reported at 36.680 % in 2016. This stayed constant from the previous number of 36.680 % for 2015. VE: Bound Rate: Simple Mean: All Products data is updated yearly, averaging 36.500 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 36.680 % in 2016 and a record low of 36.460 % in 2013. VE: Bound Rate: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
36.68 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Bound Rate: Simple Mean: All Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Bound Rate: Simple Mean: All Products

Venezuela VE: Bound Rate: Simple Mean: Manufactured Products

1995 - 2016 | Yearly | % | World Bank

VE: Bound Rate: Simple Mean: Manufactured Products data was reported at 33.860 % in 2016. This stayed constant from the previous number of 33.860 % for 2015. VE: Bound Rate: Simple Mean: Manufactured Products data is updated yearly, averaging 33.860 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 33.890 % in 2013 and a record low of 33.850 % in 2005. VE: Bound Rate: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 World Trade Organization.; ;

Last Frequency Range
33.86 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Bound Rate: Simple Mean: Manufactured Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Bound Rate: Simple Mean: Manufactured Products

Venezuela VE: Bound Rate: Simple Mean: Primary Products

1995 - 2016 | Yearly | % | World Bank

VE: Bound Rate: Simple Mean: Primary Products data was reported at 44.830 % in 2016. This stayed constant from the previous number of 44.830 % for 2015. VE: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 45.200 % from Dec 1995 to 2016, with 21 observations. The data reached an all-time high of 45.620 % in 2005 and a record low of 44.830 % in 2016. VE: Bound Rate: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 World Trade Organization.; ;

Last Frequency Range
44.83 2016 yearly 1995 - 2016

View Venezuela's Venezuela VE: Bound Rate: Simple Mean: Primary Products from 1995 to 2016 in the chart:

Venezuela Venezuela VE: Bound Rate: Simple Mean: Primary Products

Venezuela VE: Share of Tariff Lines with International Peaks: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with International Peaks: All Products data was reported at 24.875 % in 2016. This records a decrease from the previous number of 26.222 % for 2015. VE: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 24.435 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 47.556 % in 1992 and a record low of 18.096 % in 2012. VE: 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 Venezuela – Table VE.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
24.88 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with International Peaks: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with International Peaks: All Products

Venezuela VE: Share of Tariff Lines with International Peaks: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 23.963 % in 2016. This records a decrease from the previous number of 25.752 % for 2015. VE: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 23.205 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 47.856 % in 1992 and a record low of 17.245 % in 2012. VE: 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 Venezuela – Table VE.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
23.96 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with International Peaks: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with International Peaks: Manufactured Products

Venezuela VE: Share of Tariff Lines with International Peaks: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with International Peaks: Primary Products data was reported at 36.082 % in 2016. This records an increase from the previous number of 33.250 % for 2015. VE: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 35.128 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 44.925 % in 1992 and a record low of 26.502 % in 1995. VE: 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 Venezuela – Table VE.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
36.08 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with International Peaks: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with International Peaks: Primary Products

Venezuela VE: Share of Tariff Lines with Specific Rates: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with Specific Rates: All Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. VE: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 0.000 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 0.293 % in 1998 and a record low of 0.000 % in 2016. VE: 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 Venezuela – Table VE.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
0.00 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with Specific Rates: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with Specific Rates: All Products

Venezuela VE: Share of Tariff Lines with Specific Rates: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with Specific Rates: Manufactured Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. VE: Share of Tariff Lines with Specific Rates: Manufactured Products data is updated yearly, averaging 0.000 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 0.036 % in 2013 and a record low of 0.000 % in 2016. VE: 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 Venezuela – Table VE.World Bank: 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
0.00 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with Specific Rates: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with Specific Rates: Manufactured Products

Venezuela VE: Share of Tariff Lines with Specific Rates: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Share of Tariff Lines with Specific Rates: Primary Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. VE: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 0.000 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 2.685 % in 1998 and a record low of 0.000 % in 2016. VE: 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 Venezuela – Table VE.World Bank: 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
0.00 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Share of Tariff Lines with Specific Rates: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Share of Tariff Lines with Specific Rates: Primary Products

Venezuela VE: Tariff Rate: Applied: Simple Mean: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Simple Mean: All Products data was reported at 11.200 % in 2016. This records a decrease from the previous number of 11.820 % for 2015. VE: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 12.580 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 17.130 % in 1992 and a record low of 11.030 % in 2014. VE: 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 Venezuela – Table VE.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
11.20 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Simple Mean: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Simple Mean: All Products

Venezuela VE: Tariff Rate: Applied: Simple Mean: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Simple Mean: Manufactured Products data was reported at 11.210 % in 2016. This records a decrease from the previous number of 11.930 % for 2015. VE: Tariff Rate: Applied: Simple Mean: Manufactured Products data is updated yearly, averaging 12.605 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 17.230 % in 1992 and a record low of 11.040 % in 2014. VE: 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 Venezuela – Table VE.World Bank: 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
11.21 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Simple Mean: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Simple Mean: Manufactured Products

Venezuela VE: Tariff Rate: Applied: Simple Mean: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 11.160 % in 2016. This records an increase from the previous number of 10.580 % for 2015. VE: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 12.015 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.250 % in 1992 and a record low of 10.580 % in 2015. VE: 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 Venezuela – Table VE.World Bank: 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
11.16 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Simple Mean: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Simple Mean: Primary Products

Venezuela VE: Tariff Rate: Applied: Weighted Mean: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 10.040 % in 2016. This records a decrease from the previous number of 10.670 % for 2015. VE: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 11.295 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.360 % in 1992 and a record low of 8.420 % in 2013. VE: 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 Venezuela – Table VE.World Bank: 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
10.04 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Weighted Mean: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Weighted Mean: All Products

Venezuela VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 10.910 % in 2016. This records a decrease from the previous number of 11.780 % for 2015. VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 11.855 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.700 % in 1992 and a record low of 7.870 % in 2013. VE: 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 Venezuela – Table VE.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
10.91 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products

Venezuela VE: Tariff Rate: Applied: Weighted Mean: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 8.340 % in 2016. This records an increase from the previous number of 8.240 % for 2015. VE: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 11.135 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 15.190 % in 1998 and a record low of 7.370 % in 2006. VE: 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 Venezuela – Table VE.World Bank: 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
8.34 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Applied: Weighted Mean: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Applied: Weighted Mean: Primary Products

Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 12.700 % in 2016. This records a decrease from the previous number of 13.090 % for 2015. VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 13.000 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.590 % in 1992 and a record low of 12.380 % in 1997. VE: 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 Venezuela – Table VE.World Bank: 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
12.70 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products

Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 13.070 % in 2016. This records a decrease from the previous number of 13.340 % for 2015. VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 13.080 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 17.020 % in 1992 and a record low of 12.300 % in 1997. VE: 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 Venezuela – Table VE.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
13.07 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products

Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 11.740 % in 2016. This records a decrease from the previous number of 12.490 % for 2015. VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 12.765 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 15.090 % in 1992 and a record low of 11.740 % in 2016. VE: 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 Venezuela – Table VE.World Bank: 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
11.74 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products

Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 13.900 % in 2016. This records a decrease from the previous number of 14.480 % for 2015. VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 13.605 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.360 % in 1992 and a record low of 12.000 % in 2010. VE: 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 Venezuela – Table VE.World Bank: 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
13.90 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 12.730 % in 2016. This records a decrease from the previous number of 13.220 % for 2015. VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 13.285 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 16.700 % in 1992 and a record low of 10.600 % in 2013. VE: 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 Venezuela – Table VE.World Bank: 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
12.73 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products

1992 - 2016 | Yearly | % | World Bank

VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data was reported at 16.190 % in 2016. This records a decrease from the previous number of 17.210 % for 2015. VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data is updated yearly, averaging 14.485 % from Dec 1992 to 2016, with 22 observations. The data reached an all-time high of 20.990 % in 2013 and a record low of 12.070 % in 1995. VE: 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 Venezuela – Table VE.World Bank: 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
16.19 2016 yearly 1992 - 2016

View Venezuela's Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products from 1992 to 2016 in the chart:

Venezuela Venezuela VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
VE: Binding Coverage: All Products
VE: Binding Coverage: Manufactured Products
VE: Binding Coverage: Primary Products
VE: Bound Rate: Simple Mean: All Products
VE: Bound Rate: Simple Mean: Manufactured Products
VE: Bound Rate: Simple Mean: Primary Products
VE: Share of Tariff Lines with International Peaks: All Products
VE: Share of Tariff Lines with International Peaks: Manufactured Products
VE: Share of Tariff Lines with International Peaks: Primary Products
VE: Share of Tariff Lines with Specific Rates: All Products
VE: Share of Tariff Lines with Specific Rates: Manufactured Products
VE: Share of Tariff Lines with Specific Rates: Primary Products
VE: Tariff Rate: Applied: Simple Mean: All Products
VE: Tariff Rate: Applied: Simple Mean: Manufactured Products
VE: Tariff Rate: Applied: Simple Mean: Primary Products
VE: Tariff Rate: Applied: Weighted Mean: All Products
VE: Tariff Rate: Applied: Weighted Mean: Manufactured Products
VE: Tariff Rate: Applied: Weighted Mean: Primary Products
VE: Tariff Rate: Most Favored Nation: Simple Mean: All Products
VE: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products
VE: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products
VE: Tariff Rate: Most Favored Nation: Weighted Mean: All Products
VE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products
VE: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
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