Tariff rate; applied; weighted mean; all products (%) in Argentina

The Tariff rate; applied; weighted mean; all products (%) in Argentina was last reported at 6.22 in 2010, according to a World Bank report released in 2011. The Tariff rate; applied; weighted mean; all products (%) in Argentina was 9.49 in 2009, according to a World Bank report, published in 2010. The Tariff rate; applied; weighted mean; all products (%) in Argentina was reported at 5.19 in 2008, according to the World Bank. 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.This page includes a historical data chart, news and forecasts for Tariff rate; applied; weighted mean; all products (%) in Argentina. Argentina is the third largest national economy in Latin America. Argentina has abundant natural resources, a well-educated population, an export-oriented agricultural sector and a relatively diversified industrial base. Domestic instability and global trends, however, contributed to Argentina's decline from its noteworthy position as the world's 10th wealthiest nation per capita in 1913 to the world's 47th wealthiest in 2008.

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