Tariff rate, most favored nation, weighted mean, primary products in Bangladesh
Bangladesh: Tariff rate, most favored nation, weighted mean, primary products was 5.6% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, primary products in Bangladesh, 1989–2022
Source: Staff estimates. Measured in %.
Analysis
Bangladesh recorded 5.6% for tariff rate, most favored nation, weighted mean, primary products in 2022.
The figure is down 10.1% on the previous year and down 35.7% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Bangladesh peaked at 55.5% in 1994 and was at its lowest, 5.1%, in 2019.
Bangladesh ranks 121st of 184 countries on this measure, 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, primary products in Bangladesh, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 53.5% | — |
| 1994 | 55.5% | +3.6% |
| 1998 | 18.3% | -67.1% |
| 1999 | 16.3% | -10.6% |
| 2000 | 16.3% | +0.0% |
| 2001 | 16.3% | +0.0% |
| 2002 | 16.1% | -1.7% |
| 2003 | 18.7% | +16.3% |
| 2004 | 14.0% | -25.1% |
| 2005 | 9.4% | -33.0% |
| 2006 | 9.5% | +1.2% |
| 2007 | 7.5% | -20.7% |
| 2008 | 5.4% | -27.8% |
| 2009 | 7.2% | +32.8% |
| 2010 | 5.8% | -19.4% |
| 2011 | 5.3% | -9.3% |
| 2012 | 8.7% | +65.0% |
| 2013 | 8.0% | -8.3% |
| 2015 | 7.3% | -7.9% |
| 2016 | 8.0% | +9.4% |
| 2019 | 5.1% | -36.4% |
| 2020 | 6.2% | +22.2% |
| 2021 | 6.2% | -0.3% |
| 2022 | 5.6% | -10.1% |
Bangladesh compared with similar countries
- Bangladesh's 5.6% is below the median for lower middle income countries, which is 9.5%, 59% of the median. (46 countries reporting)
- Bangladesh's 5.6% is below the median for South Asia, which is 9.7%, 58% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 53.5% | 53.5% | 53.5% | 1 |
| 1990s | 30.0% | 16.3% | 55.5% | 3 |
| 2000s | 12.0% | 5.4% | 18.7% | 10 |
| 2010s | 6.9% | 5.1% | 8.7% | 7 |
| 2020s | 6.0% | 5.6% | 6.2% | 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, primary products in Bangladesh?
- Tariff rate, most favored nation, weighted mean, primary products in Bangladesh was 5.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Bangladesh?
- The highest recorded value was 55.5% in 1994.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Bangladesh?
- The lowest recorded value was 5.1% in 2019.
- How does Bangladesh rank for tariff rate, most favored nation, weighted mean, primary products?
- Bangladesh ranks 121st out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Bangladesh?
- Over the last ten years it is down 35.7%. 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).