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US WTO Tariff Profile 2024 Summary

The document provides a detailed overview of tariffs and imports for the United States, highlighting average final bound and MFN applied tariffs across agricultural and non-agricultural products. It includes data on import values, frequency distribution of tariff lines, and specific duties faced by major trading partners. Additionally, it outlines the diversification of trade and the share of duty-free imports in various product categories.

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Aruna Chauhan
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0% found this document useful (0 votes)
31 views1 page

US WTO Tariff Profile 2024 Summary

The document provides a detailed overview of tariffs and imports for the United States, highlighting average final bound and MFN applied tariffs across agricultural and non-agricultural products. It includes data on import values, frequency distribution of tariff lines, and specific duties faced by major trading partners. Additionally, it outlines the diversification of trade and the share of duty-free imports in various product categories.

Uploaded by

Aruna Chauhan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

United States of America

Part A.1 Tariffs and imports: Summary and duty ranges


Summary Total Ag Non-Ag WTO member since 1995
Simple average final bound 3.4 4.8 3.2 Binding coverage: Total 100.0
MFN applied Non-Ag 100.0
Simple average 2023 3.3 5.0 3.1 Ag: Tariff quotas (in %) 5.9
Trade weighted average 2023 2.2 4.0 2.1 Ag: Special safeguards (in % ) 3.0
Imports in billion US$ 2022 3,107.8 194.1 2,913.8

Duty-free 0 <= 5 5 <= 10 10 <= 15 15 <= 25 25 <= 50 50 <= 100 > 100 NAV
Frequency distribution
Tariff lines and import values (in %) in %
Agricultural products
Final bound 30.2 45.0 12.2 4.6 3.3 1.3 0.3 0.5 41.3
MFN applied 2023 30.1 47.0 11.7 4.4 3.7 1.3 0.3 0.7 42.4
Imports 2022 37.0 39.9 16.3 3.0 3.2 0.6 0.0 0.1 36.6
Non-agricultural products
Final bound 49.0 25.3 17.0 4.8 1.9 0.5 0.0 0 3.2
MFN applied 2023 50.2 25.7 16.1 4.4 1.8 0.4 0.0 0 2.9
Imports 2022 55.6 32.9 6.6 0.9 3.2 0.9 0.0 0.0 9.9

Part A.2 Tariffs and imports by product groups


Final bound duties MFN applied duties Imports
Product groups AVG Duty-free Max Binding AVG Duty-free Max Share Duty-free
in % in % in % in % in %
Live animals and meat 2.3 31.1 26 100 2.1 31.1 26 0.6 24.2
Dairy products 16.1 6.5 188 100 16.8 6.2 188 0.1 24.3
Fruits and vegetables 5.4 14.9 132 100 5.3 16.4 132 1.5 19.6
Coffee, tea, cocoa and spices 1.7 68.9 53 100 1.5 71.3 53 0.6 73.9
Cereals and food preparations 3.2 23.3 193 100 2.8 22.8 193 1.0 33.3
Oilseeds, fats and oils 5.0 30.6 164 100 7.1 29.5 164 0.5 34.7
Sugars and confectionery 11.2 2.9 56 100 12.2 2.7 41 0.2 6.0
Beverages and tobacco 15.0 27.7 350 100 17.5 24.1 350 1.2 54.3
Cotton, silk and wool 1.8 51.6 15 100 1.7 53.4 15 0.0 68.2
Other agricultural products 1.7 41.9 52 100 1.7 41.2 52 0.6 41.6
Fish and fish products 1.0 82.1 35 100 0.7 85.1 35 1.0 92.4
Minerals and metals 1.8 60.0 38 100 1.8 59.8 38 11.4 66.5
Petroleum 6.5 0 7 80.0 6.5 0 7 8.6 0
Chemicals 2.7 41.9 7 100 2.7 42.3 7 13.0 70.7
Wood, paper, furniture 0.6 87.6 18 100 0.7 83.8 18 4.1 89.7
Textiles 8.0 14.8 25 100 8.0 15.0 25 1.7 13.3
Clothing 11.6 2.9 32 100 11.7 2.5 32 3.2 0.9
Rubber, leather and footwear 4.0 39.3 56 100 4.0 37.6 56 2.6 15.9
Mechanical, office and computing machinery 1.2 66.2 10 100 1.3 63.6 10 14.4 81.7
Electrical machinery and electronic equipment 1.3 59.4 15 100 1.2 62.2 15 15.1 73.6
Transport equipment 2.9 56.9 25 100 3.4 52.1 25 11.6 14.9
Other Manufactures 2.1 52.9 32 100 2.2 54.1 32 7.1 77.8

Part B Exports to major trading partners and duties faced


Bilateral imports Diversification MFN AVG of Pref. Duty-free imports
Major markets in million 95% trade in no. of traded TL margin TL Value
US$ HS 2-digit HS 6-digit Simple Weighted Weighted in % in %
Agricultural products
1. China 2022 32,221 10 19 12.2 16.1 0.0 10.1 4.5
2. Canada 2022 26,883 25 241 21.3 11.6 4.3 92.0 97.2
3. Mexico 2022 21,950 25 111 14.8 17.3 17.3 98.6 100.0
4. Japan 2022 16,315 25 94 20.1 22.6 3.9 44.6 49.1
5. European Union 2022 12,388 25 119 14.7 4.2 0.0 13.8 48.7
Non-agricultural products
1. European Union 2022 316,342 61 1,088 4.5 0.9 0.0 23.4 78.4
2. Canada 2022 220,483 59 1,245 2.5 1.9 1.9 99.4 99.4
3. Mexico 2022 216,120 55 803 5.6 3.0 3.0 100.0 100.0
4. China 2022 101,424 52 660 6.0 4.1 0.0 15.5 41.3
5. United Kingdom 2022 94,439 56 792 3.0 0.5 0.0 48.2 89.3

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