Venezuela Tariff Rates 1992-2024

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.
  • Venezuela tariff rates for 2021 was 13.61%, a 0.45% decline from 2020.
  • Venezuela tariff rates for 2020 was 14.06%, a 3.87% increase from 2019.
  • Venezuela tariff rates for 2019 was 10.19%, a 1.32% increase from 2018.
  • Venezuela tariff rates for 2018 was 8.87%, a 2.12% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Applied, Weighted Mean, All Products (%)
Belize 17.79%
Nauru 14.07%
Venezuela 13.61%
Maldives 10.55%
Algeria 10.29%
St. Vincent and the Grenadines 9.06%
Cuba 8.91%
Jamaica 8.61%
Suriname 8.43%
Fiji 8.35%
Brazil 7.76%
Tonga 6.59%
Azerbaijan 6.01%
Guyana 4.73%
Ecuador 4.63%
Paraguay 4.49%
South Africa 4.46%
Russia 4.17%
Libya 4.03%
Dominican Republic 3.80%
Malaysia 3.62%
Armenia 3.61%
Turkey 3.22%
Montenegro 3.19%
Thailand 3.15%
Bosnia 2.80%
Colombia 2.58%
North Macedonia 2.38%
China 2.31%
Belarus 2.27%
Kazakhstan 2.17%
Guatemala 1.72%
Serbia 1.72%
Costa Rica 1.43%
Bulgaria 1.39%
Romania 1.39%
Namibia 1.32%
Mauritius 1.27%
Albania 1.13%
Botswana 0.95%
Peru 0.65%
Venezuela Tariff Rates - Historical Data
Year Applied, Weighted Mean, All Products (%) Annual Change
2021 13.61% -0.45%
2020 14.06% 3.87%
2019 10.19% 1.32%
2018 8.87% -2.12%
2017 10.99% 0.95%
2016 10.04% -0.63%
2015 10.67% 1.00%
2014 9.67% 1.25%
2013 8.42% -0.17%
2012 8.59% 0.00%
2011 8.59% -1.37%
2010 9.96% 0.87%
2009 9.09% -0.53%
2008 9.62% -1.48%
2007 11.10% 0.49%
2006 10.61% -2.16%
2005 12.77% 0.90%
2004 11.87% -0.88%
2003 12.75% -0.95%
2002 13.70% -0.76%
2001 14.46% 1.09%
2000 13.37% 0.35%
1999 13.02% -0.67%
1998 13.69% 0.29%
1997 13.40% 1.91%
1995 11.49% -4.87%
1992 16.36% -4.87%