Korea vs Thailand: Tariff rate, most favored nation, simple mean, manufactured products
Tariff rate, most favored nation, simple mean, manufactured products over time
- Korea
- Thailand
How they compare
Thailand currently reports 7.7% against 7.1% in Korea, a difference of 0.6%.
That makes Thailand's figure about 1.1 times Korea's.
Across all 19 years both countries report, Thailand has been ahead every year.
Korea ranks 93rd and Thailand ranks 90th of 186 countries.
Thailand has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Korea | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 14.8% | 44.7% | 29.9% | Thailand |
| 1990s | 7.9% | 33.8% | 25.8% | Thailand |
| 2000s | 7.8% | 11.6% | 3.8% | Thailand |
| 2010s | 7.4% | 8.8% | 1.4% | Thailand |
| 2020s | 7.1% | 8.7% | 1.6% | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, simple mean, manufactured products, Korea or Thailand?
- Thailand, at 7.7% against 7.1% in Korea as of 2022.
- What is the difference in tariff rate, most favored nation, simple mean, manufactured products between Korea and Thailand?
- 0.6%, with Thailand ahead.
- How many years of comparable data are there for Korea and Thailand?
- 19 years are reported by both, from 1989 to 2022.
- How do Korea and Thailand rank globally for tariff rate, most favored nation, simple mean, manufactured products?
- Korea ranks 93rd and Thailand ranks 90th of 186 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.