Tariff rate, applied, weighted mean, manufactured products in Peru
Peru: Tariff rate, applied, weighted mean, manufactured products was 0.8% in 2022. ◆ Volatile
Tariff rate, applied, weighted mean, manufactured products in Peru, 1993–2022
Source: Staff estimates. Measured in %.
Analysis
Peru recorded 0.8% for tariff rate, applied, weighted mean, manufactured products in 2022.
That represents a change of up 2.5% on the previous year and down 55.1% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Peru peaked at 16.6% in 1993 and was at its lowest, 0.8%, in 2021.
Peru ranks 166th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, applied, weighted mean, manufactured products in Peru, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 16.6% | — |
| 1995 | 15.4% | -7.5% |
| 1997 | 12.3% | -20.0% |
| 1998 | 12.3% | +0.1% |
| 1999 | 12.3% | +0.1% |
| 2000 | 12.3% | +0.2% |
| 2001 | 11.1% | -10.5% |
| 2002 | 9.1% | -17.3% |
| 2003 | 8.7% | -5.4% |
| 2004 | 8.2% | -5.4% |
| 2005 | 7.6% | -7.2% |
| 2006 | 6.5% | -13.8% |
| 2007 | 6.4% | -2.6% |
| 2008 | 2.4% | -62.0% |
| 2009 | 2.7% | +10.7% |
| 2010 | 3.0% | +10.1% |
| 2011 | 1.9% | -37.3% |
| 2013 | 1.9% | +4.3% |
| 2014 | 1.8% | -6.2% |
| 2015 | 2.2% | +19.9% |
| 2017 | 1.0% | -53.5% |
| 2018 | 0.9% | -10.9% |
| 2019 | 0.9% | +1.1% |
| 2020 | 0.8% | -8.8% |
| 2021 | 0.8% | -2.4% |
| 2022 | 0.8% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.8% | 12.3% | 16.6% | 5 |
| 2000s | 7.5% | 2.4% | 12.3% | 10 |
| 2010s | 1.7% | 0.9% | 3.0% | 8 |
| 2020s | 0.8% | 0.8% | 0.8% | 3 |
Countries ranked near Peru
- 163 Lao People's Democratic Republic 1.0% compare
- 164 Philippines 0.9% compare
- 165 Japan 0.8% compare
- 166 Costa Rica 0.8% compare
- 168 Viet Nam 0.8% compare
- 169 Mauritius 0.8% compare
More private sector data for Peru
- Merchandise trade 42.8% (2025)
- Food imports 11.9% (2024)
- Manufactures imports 68.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Food exports 21.2% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 82.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,392 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2469 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.68 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Peru?
- Tariff rate, applied, weighted mean, manufactured products in Peru was 0.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Peru?
- The highest recorded value was 16.6% in 1993.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Peru?
- The lowest recorded value was 0.8% in 2021.
- How does Peru rank for tariff rate, applied, weighted mean, manufactured products?
- Peru ranks 166th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Peru?
- Over the last ten years it is down 55.1%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
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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.