Honduras vs Namibia: Tariff rate, applied, weighted mean, primary products
Tariff rate, applied, weighted mean, primary products over time
- Honduras
- Namibia
How they compare
Honduras currently reports 3.3% against 3.0% in Namibia, a difference of 0.3%.
That makes Honduras's figure about 1.1 times Namibia's.
Across all 17 years both countries report, Honduras has been ahead every year.
Globally, Honduras ranks 110th and Namibia ranks 112th of 184 countries.
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About this data
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).