Tariff rate, most favored nation, weighted mean, manufactured products in New Zealand
New Zealand: Tariff rate, most favored nation, weighted mean, manufactured products was 2.8% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in New Zealand, 1992–2022
Source: Staff estimates. Measured in %.
Analysis
New Zealand recorded 2.8% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
The figure is down 4.4% on the previous year and down 4.4% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in New Zealand peaked at 12.1% in 1992 and was at its lowest, 2.7%, in 2011.
That places New Zealand 165th out of 184 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 12.1% | — |
| 1993 | 8.9% | -26.3% |
| 1996 | 7.3% | -18.0% |
| 1997 | 6.3% | -14.4% |
| 1998 | 5.2% | -16.1% |
| 1999 | 4.5% | -14.9% |
| 2000 | 3.6% | -20.4% |
| 2001 | 4.5% | +25.8% |
| 2002 | 4.9% | +9.4% |
| 2003 | 5.5% | +12.7% |
| 2004 | 5.4% | -2.0% |
| 2005 | 4.4% | -19.0% |
| 2006 | 4.2% | -3.7% |
| 2007 | 4.3% | +2.8% |
| 2008 | 3.0% | -29.7% |
| 2009 | 2.7% | -11.8% |
| 2010 | 3.0% | +12.3% |
| 2011 | 2.7% | -11.9% |
| 2012 | 2.9% | +10.5% |
| 2013 | 3.0% | +1.7% |
| 2014 | 2.9% | -3.0% |
| 2015 | 3.0% | +2.1% |
| 2016 | 3.1% | +4.7% |
| 2017 | 3.2% | +1.9% |
| 2019 | 3.0% | -4.7% |
| 2020 | 2.8% | -7.3% |
| 2021 | 2.9% | +5.4% |
| 2022 | 2.8% | -4.4% |
New Zealand compared with similar countries
- New Zealand's 2.8% is below the median for high income countries, which is 3.2%, 87% of the median. (64 countries reporting)
- New Zealand's 2.8% is below the median for East Asia & Pacific, which is 4.8%, 59% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 4.5% | 12.1% | 6 |
| 2000s | 4.3% | 2.7% | 5.5% | 10 |
| 2010s | 3.0% | 2.7% | 3.2% | 9 |
| 2020s | 2.8% | 2.8% | 2.9% | 3 |
Countries ranked near New Zealand
- 162 China 3.1% compare
- 163 Australia 3.1% compare
- 164 Montenegro 3.0% compare
- 166 United Kingdom of Great Britain and Northern Ireland 2.8% compare
- 167 Canada 2.6% compare
- 168 United States of America 2.5% compare
More private sector data for New Zealand
- Merchandise trade 35.7% (2025)
- Food imports 12.8% (2025)
- Manufactures imports 70.7% (2025)
- Merchandise imports 47.55 billion current US$ (2025)
- Food exports 69.0% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 46.70 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,770 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1769 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.43 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in New Zealand?
- Tariff rate, most favored nation, weighted mean, manufactured products in New Zealand was 2.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in New Zealand?
- The highest recorded value was 12.1% in 1992.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in New Zealand?
- The lowest recorded value was 2.7% in 2011.
- How does New Zealand rank for tariff rate, most favored nation, weighted mean, manufactured products?
- New Zealand ranks 165th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in New Zealand?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
- Where does this New Zealand 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 — 28 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.