South Korea vs Zimbabwe: Tariff rate, applied, simple mean, primary products
Tariff rate, applied, simple mean, primary products over time
- South Korea
- Zimbabwe
How they compare
Zimbabwe currently reports 24.6% against 23.8% in South Korea, a difference of 0.9%.
The two have swapped places 4 times across 15 shared years of data; in 1996 it was Zimbabwe ahead.
Globally, South Korea ranks 10th and Zimbabwe ranks 7th of 184 countries.
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About this data
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).