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International trade and business intelligence. Based mostly on reliable and avaliable sources. Boost reports and decisions. Made by experts with 10+ years of experience in the field..
High tariffs can indicate a number of things, such as protectionism, attempts to support domestic industries, or efforts to generate revenue for the government. They can also be a response to trade imbalances or political tensions between countries. High tariffs can have significant economic consequences, including increased prices for consumers, reduced trade, and potential retaliation from other countries. They can also distort trade patterns and hinder economic growth. Understanding the reasons behind high tariffs is crucial for analyzing trade policies and their potential impacts.
Tariff data was analyzed to assess the level of protection afforded to industries in each country. This map and its data is aimed to give an idea how particular industry in particular country is protected, not to give exact tariff duty for particular product and country. Keep in mind that some countries can impose additional, non ad-valorem taxes such as taxes on quantities and quotas. The analysis provides valuable insights into the degree of protectionism across different countries and sectors. This categorization helps to understand the level of protection afforded to industries in each country. The findings can be used by businesses to assess market entry strategies and by policymakers to evaluate the impact of trade policies. Further research can delve deeper into the specific reasons behind high levels of protection in different sectors and their implications for economic growth and development.
How to use chart: Enter Harmonized System (HS4) code, or simply choose item from the table which you can download here: Code that is starting with zero (0) enter with fullstop (.) after first digit. For example: 0.402 for 0402 HS4 code. Another example: 9401. ***For technical reasons, the territory of France on the map is used to represent EU countries. After that just (scroll to the right if you are on the phone and) see by the color how that particular industry is protected according to average tariff rates. We recommend rotating phone for better visibility. In case that isn't possible just scroll to right to uncover the whole map. List of all tariff groups HS4 level, that you can copy to search for particular group, can be found in file:
Tariffs on quantity and quotas are both trade restrictions that limit the amount of goods that can be imported into a country. Tariffs on Quantity (Specific Tariffs): These are levied as a fixed amount of money per unit of an imported good, regardless of its value. They directly increase the cost of imports, making them less competitive compared to domestically produced goods. Quotas: These set a limit on the quantity of a specific good that can be imported within a given period. For instance, a country might limit the import of textiles to 1 million units per year. Quotas directly restrict the supply of imported goods, driving up their prices. Make sure to check if this kind of taxes apply to your product by consulting customs broker or authority of targeted market. They could rise the cost of trade significantely. We recommend visiting website of WTO to research tariffs furthermore: WTO website or regional trade agreements: WTO Regional Trade Agreements Database We are not connected with, endorsed by, or otherwise related to WTO.
This chart provides a general overview of the relative level of protectionism across different countries. The data used in this visualization is for illustrative purposes and should not be considered precise or used for quantitative analysis, such as import/export calculations. The aim is to provide a qualitative understanding of the varying degrees of protectionism observed in different markets. Any information provided by this website and its authors are for informational purposes only and should not be considered financial, investment, legal, or professional advice. The information contained herein is based on available data and assumptions that are subject to change. While all efforts have been made to ensure the accuracy and reliability of the information, no guarantees are made regarding the completeness or accuracy of the information. This report may contain data sourced from third-party providers. We try to stick with the most reliable sources such as government and other well-known organizations. While every effort has been made to ensure the accuracy and reliability of this sources, the accuracy and completeness of third-party data may vary, and we are not responsible for any errors, omissions, or changes in the data provided by third parties. The author s of this reports assume no liability for any actions taken or decisions made based on the information contained herein. Users of this report should conduct their own independent research and consult with appropriate professionals before making any decisions based on the information presented.
