Bangladesh vs Venezuela: Tariff rate, applied, weighted mean, manufactured products (%)
Tariff rate, applied, weighted mean, manufactured products (%) over time
- Bangladesh
- Venezuela
How they compare
Venezuela currently reports 13.8% against 12.9% in Bangladesh, a difference of 0.9%.
That makes Venezuela's figure about 1.1 times Bangladesh's.
The two have swapped places 3 times across 22 shared years of data; in 1998 it was Bangladesh ahead.
Bangladesh ranks 14th and Venezuela ranks 11th of 184 countries.
Across the 4 decades both report, Bangladesh averaged higher in 3 and Venezuela in 1.
Head to head by decade
| Decade | Bangladesh | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.0% | 13.1% | 8.9% | Bangladesh |
| 2000s | 18.6% | 11.9% | 6.7% | Bangladesh |
| 2010s | 12.8% | 9.7% | 3.1% | Bangladesh |
| 2020s | 13.2% | 15.0% | 1.8% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, manufactured products, Bangladesh or Venezuela?
- Venezuela, at 13.8% against 12.9% in Bangladesh as of 2022.
- What is the difference in tariff rate, applied, weighted mean, manufactured products between Bangladesh and Venezuela?
- 0.9%, with Venezuela ahead.
- How many years of comparable data are there for Bangladesh and Venezuela?
- 22 years are reported by both, from 1998 to 2022.
- How do Bangladesh and Venezuela rank globally for tariff rate, applied, weighted mean, manufactured products?
- Bangladesh ranks 14th and Venezuela ranks 11th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.