Publication

World Tariff Profiles 2024

The World Tariff Profiles 2024 provides comprehensive information on tariffs imposed on imports by over 170 countries and customs territories. The report – jointly prepared by the International Trade Centre, the World Trade Organization and the United Nations Conference on Trade and Development — also provides data on tariffs on critical minerals in the electric vehicle value chain.

 

The country pages provide an overview of each economy's tariffs broken down by product group. The profiles also show the tariffs imposed by its main trading partners.

 

Summary tables data provides comparisons of the average 'bound' tariff each economy may apply to imports and the average tariffs it applies in practice. Import and export profiles provide comparisons on the value of imports for each economy, the level of export diversification, and relevant tariff data.

 

This year's edition explores a special topic on tariff conditions for critical minerals essential for the electric vehicle (EV) value chain. It examines, in particular, the tariffs levied for cobalt, graphite and lithium, which are crucial for the production of EV batteries and other renewable energy technologies. The analysis finds that tariffs on raw materials are generally lower than those on processed materials, which in turn are lower than on parts and components, with tariffs on final goods often being the highest of all. This tariff escalation has been a factor in preventing many developing economies from moving into higher-value processed products.

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