Tariff rate, most favored nation, weighted mean, manufactured products in India
India: Tariff rate, most favored nation, weighted mean, manufactured products was 8.4% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, manufactured products in India, 1990–2022
Source: Staff estimates. Measured in %.
Analysis
India recorded 8.4% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
Compared with earlier readings it is down 2.1% on the previous year and up 14.3% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in India peaked at 71.1% in 1990 and was at its lowest, 5.4%, in 2010.
That places India 72nd out of 184 countries with data for 2022, putting it in the middle of the range.
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 India, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 71.1% | — |
| 1992 | 42.7% | -39.9% |
| 1996 | 27.2% | -36.2% |
| 1997 | 20.5% | -24.6% |
| 1999 | 31.4% | +53.1% |
| 2000 | 29.2% | -7.0% |
| 2001 | 28.3% | -3.2% |
| 2002 | 24.9% | -12.1% |
| 2003 | 22.3% | -10.4% |
| 2004 | 25.4% | +14.0% |
| 2005 | 12.8% | -49.7% |
| 2006 | 9.1% | -29.0% |
| 2007 | 11.0% | +20.9% |
| 2008 | 5.7% | -48.4% |
| 2009 | 7.3% | +29.3% |
| 2010 | 5.4% | -26.9% |
| 2011 | 5.9% | +10.4% |
| 2012 | 7.3% | +23.6% |
| 2013 | 7.3% | -0.4% |
| 2015 | 7.1% | -3.2% |
| 2016 | 7.4% | +5.4% |
| 2017 | 7.3% | -1.5% |
| 2018 | 7.4% | +1.1% |
| 2019 | 8.5% | +15.1% |
| 2020 | 8.5% | -0.8% |
| 2021 | 8.6% | +1.1% |
| 2022 | 8.4% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.6% | 20.5% | 71.1% | 5 |
| 2000s | 17.6% | 5.7% | 29.2% | 10 |
| 2010s | 7.1% | 5.4% | 8.5% | 9 |
| 2020s | 8.5% | 8.4% | 8.6% | 3 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in India?
- Tariff rate, most favored nation, weighted mean, manufactured products in India was 8.4% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in India?
- The highest recorded value was 71.1% in 1990.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in India?
- The lowest recorded value was 5.4% in 2010.
- How does India rank for tariff rate, most favored nation, weighted mean, manufactured products?
- India ranks 72nd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in India?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is volatile.
- Where does this India 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.
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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.