Republic of Korea vs Saudi Arabia: Tariff rate, applied, weighted mean, all products
Tariff rate, applied, weighted mean, all products over time
- Republic of Korea
- Saudi Arabia
How they compare
Republic of Korea currently reports 5.7% against 5.4% in Saudi Arabia, a difference of 0.3%.
The two have swapped places 1 time across 19 shared years of data; in 1999 it was Saudi Arabia ahead.
Republic of Korea ranks 75th and Saudi Arabia ranks 78th of 184 countries.
Across the 4 decades both report, Republic of Korea averaged higher in 3 and Saudi Arabia in 1.
Head to head by decade
| Decade | Republic of Korea | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | 11.5% | 5.6% | Saudi Arabia |
| 2000s | 8.7% | 6.3% | 2.5% | Republic of Korea |
| 2010s | 6.6% | 4.0% | 2.6% | Republic of Korea |
| 2020s | 5.6% | 4.8% | 0.8% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, all products, Republic of Korea or Saudi Arabia?
- Republic of Korea, at 5.7% against 5.4% in Saudi Arabia as of 2022.
- What is the difference in tariff rate, applied, weighted mean, all products between Republic of Korea and Saudi Arabia?
- 0.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Saudi Arabia?
- 19 years are reported by both, from 1999 to 2022.
- How do Republic of Korea and Saudi Arabia rank globally for tariff rate, applied, weighted mean, all products?
- Republic of Korea ranks 75th and Saudi Arabia ranks 78th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.