South Korea Trade Tariffs
Korea Binding Coverage: All Products
KR: Binding Coverage: All Products data was reported at 94.350 % in 2016. This stayed constant from the previous number of 94.350 % for 2015. KR: Binding Coverage: All Products data is updated yearly, averaging 94.650 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 96.170 % in 1995 and a record low of 94.100 % in 2014. KR: Binding Coverage: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.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 |
|---|---|---|
| 94.35 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Binding Coverage: All Products from 1995 to 2016 in the chart:
Korea Binding Coverage: Manufactured Products
KR: Binding Coverage: Manufactured Products data was reported at 95.210 % in 2016. This stayed constant from the previous number of 95.210 % for 2015. KR: Binding Coverage: Manufactured Products data is updated yearly, averaging 94.820 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 96.550 % in 1995 and a record low of 94.590 % in 2006. KR: Binding Coverage: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.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 |
|---|---|---|
| 95.21 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Binding Coverage: Manufactured Products from 1995 to 2016 in the chart:
Korea Binding Coverage: Primary Products
KR: Binding Coverage: Primary Products data was reported at 91.740 % in 2016. This stayed constant from the previous number of 91.740 % for 2015. KR: Binding Coverage: Primary Products data is updated yearly, averaging 94.580 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 94.820 % in 1995 and a record low of 91.740 % in 2016. KR: Binding Coverage: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.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 |
|---|---|---|
| 91.74 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Binding Coverage: Primary Products from 1995 to 2016 in the chart:
Korea Bound Rate: Simple Mean: All Products
KR: Bound Rate: Simple Mean: All Products data was reported at 16.470 % in 2016. This stayed constant from the previous number of 16.470 % for 2015. KR: Bound Rate: Simple Mean: All Products data is updated yearly, averaging 16.655 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 18.230 % in 2014 and a record low of 15.720 % in 2001. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 16.47 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Bound Rate: Simple Mean: All Products from 1995 to 2016 in the chart:
Korea Bound Rate: Simple Mean: Manufactured Products
KR: Bound Rate: Simple Mean: Manufactured Products data was reported at 11.040 % in 2016. This stayed constant from the previous number of 11.040 % for 2015. KR: Bound Rate: Simple Mean: Manufactured Products data is updated yearly, averaging 11.425 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 11.460 % in 2006 and a record low of 10.720 % in 2001. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 11.04 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Bound Rate: Simple Mean: Manufactured Products from 1995 to 2016 in the chart:
Korea Bound Rate: Simple Mean: Primary Products
KR: Bound Rate: Simple Mean: Primary Products data was reported at 33.320 % in 2016. This stayed constant from the previous number of 33.320 % for 2015. KR: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 34.675 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 38.790 % in 2013 and a record low of 33.320 % in 2016. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 33.32 2016 | yearly | 1995 - 2016 |
View South Korea's Korea Bound Rate: Simple Mean: Primary Products from 1995 to 2016 in the chart:
Korea Share of Tariff Lines with International Peaks: All Products
KR: Share of Tariff Lines with International Peaks: All Products data was reported at 7.016 % in 2016. This records an increase from the previous number of 4.421 % for 2015. KR: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 5.576 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 72.802 % in 1988 and a record low of 4.341 % in 1992. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 6.68 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with International Peaks: All Products from 1988 to 2016 in the chart:
Korea Share of Tariff Lines with International Peaks: Manufactured Products
KR: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 0.814 % in 2016. This records an increase from the previous number of 0.399 % for 2015. KR: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 0.802 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 76.480 % in 1988 and a record low of 0.043 % in 1995. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 0.78 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with International Peaks: Manufactured Products from 1988 to 2016 in the chart:
Korea Share of Tariff Lines with International Peaks: Primary Products
KR: Share of Tariff Lines with International Peaks: Primary Products data was reported at 33.141 % in 2016. This records an increase from the previous number of 21.670 % for 2015. KR: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 28.789 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 56.809 % in 1988 and a record low of 19.583 % in 1989. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 31.54 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with International Peaks: Primary Products from 1988 to 2016 in the chart:
Korea Share of Tariff Lines with Specific Rates: All Products
KR: Share of Tariff Lines with Specific Rates: All Products data was reported at 0.270 % in 2016. This records an increase from the previous number of 0.000 % for 2015. KR: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 0.124 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 12.084 % in 1989 and a record low of 0.000 % in 2015. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 0.62 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with Specific Rates: All Products from 1988 to 2016 in the chart:
Korea Share of Tariff Lines with Specific Rates: Manufactured Products
KR: Share of Tariff Lines with Specific Rates: Manufactured Products data was reported at 0.336 % in 2016. This records an increase from the previous number of 0.000 % for 2015. KR: Share of Tariff Lines with Specific Rates: Manufactured Products data is updated yearly, averaging 0.093 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 11.359 % in 1989 and a record low of 0.000 % in 2015. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 0.39 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with Specific Rates: Manufactured Products from 1988 to 2016 in the chart:
Korea Share of Tariff Lines with Specific Rates: Primary Products
KR: 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. KR: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 0.000 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 15.881 % in 1989 and a record low of 0.000 % in 2016. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 1.60 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Share of Tariff Lines with Specific Rates: Primary Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Simple Mean: All Products
KR: Tariff Rate: Applied: Simple Mean: All Products data was reported at 11.120 % in 2016. This records an increase from the previous number of 6.050 % for 2015. KR: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 9.835 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 18.830 % in 1988 and a record low of 5.980 % in 2014. KR: 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 Korea – Table KR.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.; ; 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 |
|---|---|---|
| 10.14 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Simple Mean: All Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Simple Mean: Manufactured Products
KR: Tariff Rate: Applied: Simple Mean: Manufactured Products data was reported at 7.290 % in 2016. This records an increase from the previous number of 2.670 % for 2015. KR: Tariff Rate: Applied: Simple Mean: Manufactured Products data is updated yearly, averaging 7.530 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 18.810 % in 1988 and a record low of 2.670 % in 2015. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 7.29 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Simple Mean: Manufactured Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Simple Mean: Primary Products
KR: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 31.290 % in 2016. This records an increase from the previous number of 24.000 % for 2015. KR: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 21.565 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 31.290 % in 2016 and a record low of 11.120 % in 1999. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 25.39 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Simple Mean: Primary Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Weighted Mean: All Products
KR: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 8.670 % in 2016. This records an increase from the previous number of 5.720 % for 2015. KR: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 8.395 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 15.020 % in 1996 and a record low of 5.720 % in 2015. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 7.68 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Weighted Mean: All Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Weighted Mean: Manufactured Products
KR: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 4.650 % in 2016. This records an increase from the previous number of 2.450 % for 2015. KR: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 4.780 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 17.140 % in 1988 and a record low of 2.450 % in 2015. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 4.65 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Weighted Mean: Manufactured Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Applied: Weighted Mean: Primary Products
KR: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 16.270 % in 2016. This records an increase from the previous number of 9.380 % for 2015. KR: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 11.465 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 31.350 % in 1996 and a record low of 5.540 % in 1999. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 13.44 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Applied: Weighted Mean: Primary Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Simple Mean: All Products
KR: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 13.940 % in 2016. This stayed constant from the previous number of 13.940 % for 2015. KR: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 13.080 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 19.030 % in 1988 and a record low of 9.070 % in 1995. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 12.82 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Most Favored Nation: Simple Mean: All Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products
KR: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 7.380 % in 2016. This records a decrease from the previous number of 7.390 % for 2015. KR: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 7.630 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 18.680 % in 1988 and a record low of 7.380 % in 2016. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 7.35 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Simple Mean: Primary Products
KR: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 33.060 % in 2016. This stayed constant from the previous number of 33.060 % for 2015. KR: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 28.210 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 33.720 % in 1996 and a record low of 13.080 % in 1999. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 28.97 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Most Favored Nation: Simple Mean: Primary Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Weighted Mean: All Products
KR: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 8.830 % in 2016. This records an increase from the previous number of 8.420 % for 2015. KR: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 8.475 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 15.020 % in 1996 and a record low of 5.900 % in 1999. KR: 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 Korea – Table KR.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 |
|---|---|---|
| 7.84 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products
KR: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 4.870 % in 2016. This records an increase from the previous number of 4.800 % for 2015. KR: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 4.905 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 17.140 % in 1988 and a record low of 4.250 % in 2008. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 4.87 2016 | yearly | 1988 - 2016 |
View South Korea's Korea Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 1988 to 2016 in the chart:
Korea Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
KR: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data was reported at 16.320 % in 2016. This records an increase from the previous number of 12.480 % for 2015. KR: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data is updated yearly, averaging 12.100 % from Dec 1988 (Median) to 2016, with 26 observations. The data reached an all-time high of 31.350 % in 1996 and a record low of 5.540 % in 1999. KR: 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 South Korea – Table KR.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 |
|---|---|---|
| 13.49 2016 | yearly | 1988 - 2016 |