Tariff rate, most favored nation, weighted mean, manufactured products in Bhutan
Bhutan: Tariff rate, most favored nation, weighted mean, manufactured products was 8.2% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Bhutan, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Bhutan recorded 8.2% for tariff rate, most favored nation, weighted mean, manufactured products in 2022. That is the lowest value across all 10 years on record.
The figure is down 17.6% on the previous year and down 52.5% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Bhutan peaked at 19.9% in 2020 and was at its lowest, 8.2%, in 2022.
That places Bhutan 76th out of 184 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 16.8% | — |
| 2002 | 15.4% | -8.3% |
| 2004 | 15.8% | +2.8% |
| 2005 | 15.8% | +0.0% |
| 2007 | 16.1% | +1.6% |
| 2015 | 17.4% | +8.2% |
| 2019 | 19.8% | +14.2% |
| 2020 | 19.9% | +0.3% |
| 2021 | 10.0% | -49.7% |
| 2022 | 8.2% | -17.6% |
Bhutan compared with similar countries
- Bhutan's 8.2% is below the median for lower middle income countries, which is 9.2%, 90% of the median. (46 countries reporting)
- Bhutan's 8.2% is below the median for South Asia, which is 10.5%, 79% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.8% | 16.8% | 16.8% | 1 |
| 2000s | 15.7% | 15.4% | 16.1% | 4 |
| 2010s | 18.6% | 17.4% | 19.8% | 2 |
| 2020s | 12.7% | 8.2% | 19.9% | 3 |
Countries ranked near Bhutan
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Bhutan?
- Tariff rate, most favored nation, weighted mean, manufactured products in Bhutan was 8.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Bhutan?
- The highest recorded value was 19.9% in 2020.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Bhutan?
- The lowest recorded value was 8.2% in 2022.
- How does Bhutan rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Bhutan ranks 76th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Bhutan?
- Over the last ten years it is down 52.5%. The long-run trend across the full record is falling.
- Where does this Bhutan 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 — 10 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.