Average Tariffs in Goods Trade in 2016
Source: WITS, WEO, and Fund staff estimates.Note: ECCU countries are Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines. C2 countries are Bahamas, Barbados, Belize, and Jamaica. C3 countries are Aruba, Curacao, St. Maarten, Guyana, Suriname, Trinidad and Tobago.Note: The values represent regional averages weighted by individual country GDPs, of simple average tariffs of reporting countries imposed on partner countries. Country-level averages are computed as simple averages of tariffs imposed on items with non-zero trades in the reporting year. For example, the average tariffs of C1 countries on goods from the US was 11.9 percent.
|Partner Country Grouping|
|ECCU||C2||C3||US and Canada||Latin America|
|o/w The Bahamas||19.4||…||21.9||28.6||23.1|
|US and Canada||0.6||0.6||1.1||…||0.9|