The publication is an essential tool for the analysis of the international trade, presenting summary tables with the average consolidated tariffs (maximums) and duty applied for agricultural and non-agricultural products by the end of 2024. In addition, it includes detailed one-page profiles for each economy, breaking down tariff data by product group, following the categories of the WTO Multilateral Trade Negotiations (MTN). Also highlighted are the tariffs imposed on exports by each country's main trading partners, along with summaries of import and export tariffs, complemented by statistics on non-tariff measures (NTMs) by economy and product group.
The Most Favored Nation Principle: Pillar of World Trade
A central aspect of this year's edition is the special theme dedicated to "World trade under most-favored-nation (MFN) conditions." This study underscores the fundamental importance of the MFN principle for the stability of the multilateral trading system. The MFN principle ensures that all trading partners receive equal treatment, thus promoting a fair and predictable trading environment.
Despite recent global trade tensions, the study reveals that approximately 74% of world trade is still conducted under MFN terms until May 2025While MFN trade shares vary significantly across economies and product groups, this finding highlights the resilience and continued relevance of this key principle in the dynamics of international trade.
The publication of "World Tariff Profiles 2025" provides policymakers, researchers, and businesses with an invaluable source of information for understanding and navigating the complex landscape of global trade.
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