Bhutan vs Panama: Tariff rate, applied, weighted mean, manufactured products
Tariff rate, applied, weighted mean, manufactured products over time
- Bhutan
- Panama
How they compare
Bhutan currently reports 4.2% against 4.1% in Panama, a difference of 0.1%.
The two have swapped places 4 times across 8 shared years of data; in 2002 it was Bhutan ahead.
Bhutan ranks 92nd and Panama ranks 94th of 184 countries.
Across the 3 decades both report, Bhutan averaged higher in 2 and Panama in 1.
Head to head by decade
| Decade | Bhutan | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.4% | 7.2% | 5.2% | Bhutan |
| 2010s | 3.4% | 5.1% | 1.6% | Panama |
| 2020s | 5.2% | 4.4% | 0.9% | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, manufactured products, Bhutan or Panama?
- Bhutan, at 4.2% against 4.1% in Panama as of 2022.
- What is the difference in tariff rate, applied, weighted mean, manufactured products between Bhutan and Panama?
- 0.1%, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Panama?
- 8 years are reported by both, from 2002 to 2022.
- How do Bhutan and Panama rank globally for tariff rate, applied, weighted mean, manufactured products?
- Bhutan ranks 92nd and Panama ranks 94th 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.
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.