Tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago
Trinidad and Tobago: Tariff rate, applied, simple mean, manufactured products was 8.0% in 2022. ▼ Falling
Tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago, 1991–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago is 8.0%, measured in 2022.
That represents a change of down 1.5% on the previous year and down 24.5% over ten years.
Over the whole period, tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago peaked at 18.1% in 1999 and was at its lowest, 7.6%, in 2008.
Trinidad and Tobago ranks 76th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 17.5% | — |
| 1992 | 17.8% | +1.7% |
| 1996 | 11.1% | -37.5% |
| 1999 | 18.1% | +62.9% |
| 2001 | 8.8% | -51.5% |
| 2002 | 9.0% | +2.1% |
| 2003 | 8.9% | -0.7% |
| 2004 | 9.3% | +5.1% |
| 2005 | 9.3% | -0.5% |
| 2006 | 9.0% | -2.8% |
| 2007 | 7.7% | -14.9% |
| 2008 | 7.6% | -0.7% |
| 2010 | 10.8% | +40.7% |
| 2011 | 10.8% | +0.0% |
| 2012 | 10.6% | -1.9% |
| 2013 | 10.6% | +0.0% |
| 2021 | 8.1% | -23.4% |
| 2022 | 8.0% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.1% | 11.1% | 18.1% | 4 |
| 2000s | 8.7% | 7.6% | 9.3% | 8 |
| 2010s | 10.7% | 10.6% | 10.8% | 4 |
| 2020s | 8.0% | 8.0% | 8.1% | 2 |
Countries ranked near Trinidad and Tobago
- 73 Paraguay 8.4% compare
- 74 French Polynesia 8.1% compare
- 75 Guyana 8.1% compare
- 77 Ecuador 7.9% compare
- 78 Saint Lucia 7.8% compare
- 79 Saint Vincent and the Grenadines 7.7% compare
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 16.4% (2024)
- Manufactures imports 61.9% (2024)
- Merchandise imports 5.80 billion current US$ (2025)
- Food exports 8.2% (2024)
- Manufactures exports 59.1% (2024)
- Merchandise exports 6.82 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2627 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -13.71 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago?
- Tariff rate, applied, simple mean, manufactured products in Trinidad and Tobago was 8.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, manufactured products recorded in Trinidad and Tobago?
- The highest recorded value was 18.1% in 1999.
- What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Trinidad and Tobago?
- The lowest recorded value was 7.6% in 2008.
- How does Trinidad and Tobago rank for tariff rate, applied, simple mean, manufactured products?
- Trinidad and Tobago ranks 76th out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, manufactured products rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 24.5%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean applied tariff is the unweighted average of effectively applied 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.