Tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh
Bangladesh: Tariff rate, most favored nation, weighted mean, manufactured products was 13.5% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh, 1989–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh stood at 13.5%.
Compared with earlier readings it is down 2.7% on the previous year and down 5.3% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh peaked at 112.1% in 1989 and was at its lowest, 8.7%, in 2008.
That places Bangladesh 19th out of 184 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 112.1% | — |
| 1994 | 86.9% | -22.5% |
| 1998 | 24.2% | -72.1% |
| 1999 | 19.8% | -18.4% |
| 2000 | 19.1% | -3.4% |
| 2001 | 18.7% | -1.8% |
| 2002 | 19.5% | +4.2% |
| 2003 | 19.4% | -0.4% |
| 2004 | 16.8% | -13.4% |
| 2005 | 30.0% | +78.1% |
| 2006 | 30.1% | +0.4% |
| 2007 | 10.7% | -64.6% |
| 2008 | 8.7% | -18.6% |
| 2009 | 13.2% | +51.4% |
| 2010 | 12.3% | -6.5% |
| 2011 | 12.2% | -0.6% |
| 2012 | 14.2% | +16.2% |
| 2013 | 13.8% | -2.7% |
| 2015 | 13.9% | +0.2% |
| 2016 | 12.8% | -7.8% |
| 2019 | 12.0% | -6.3% |
| 2020 | 13.9% | +15.6% |
| 2021 | 13.8% | -0.1% |
| 2022 | 13.5% | -2.7% |
Bangladesh compared with similar countries
- Bangladesh's 13.5% is above the median for lower middle income countries, which is 9.2%, 1.5× the median. (46 countries reporting)
- Bangladesh's 13.5% is above the median for South Asia, which is 10.5%, 1.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +78.1% | 16.8% | 30.0% |
| 1998 | -72.1% | 86.9% | 24.2% |
| 2007 | -64.6% | 30.1% | 10.7% |
| 2009 | +51.4% | 8.7% | 13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 112.1% | 112.1% | 112.1% | 1 |
| 1990s | 43.6% | 19.8% | 86.9% | 3 |
| 2000s | 18.6% | 8.7% | 30.1% | 10 |
| 2010s | 13.0% | 12.0% | 14.2% | 7 |
| 2020s | 13.7% | 13.5% | 13.9% | 3 |
Countries ranked near Bangladesh
More private sector data for Bangladesh
- Merchandise trade 25.8% (2025)
- Food imports 13.0% (2018)
- Manufactures imports 67.0% (2018)
- Merchandise imports 69.37 billion current US$ (2025)
- Food exports 3.4% (2018)
- Manufactures exports 94.5% (2018)
- Merchandise exports 48.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 274.16 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1056 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.95 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh?
- Tariff rate, most favored nation, weighted mean, manufactured products in Bangladesh was 13.5% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Bangladesh?
- The highest recorded value was 112.1% in 1989.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Bangladesh?
- The lowest recorded value was 8.7% in 2008.
- How does Bangladesh rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Bangladesh ranks 19th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Bangladesh?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.