Share of tariff lines with international peaks, all products (%)

This metric reflects the proportion of tariff lines in a country’s customs schedule that feature tariff rates surpassing 15 percent, serving as a crucial gauge of tariff selectivity. A higher percentage indicates that a significant portion of goods is subjected to elevated tariffs, which may suggest protective measures for domestic industries against international competition. Conversely, a lower share could imply a more liberal trade approach, enhancing market access for foreign products. Analyzing this indicator can reveal a country's trade policy priorities, potential trade barriers, and its engagement in global markets, thereby influencing investment decisions and international trade negotiations. In essence, it provides valuable insights into the economic landscape and the competitiveness of the domestic market. Source: