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Canada Tariff Rate

Canada's tariff rate fell to 1.83% in 2022, down from 2.06% in 2021, according to World Bank. This represents a decrease of 0.23% from the previous year. Canada has the 14th lowest tariff rate. Within Americas, it ranks 35th out of 38 countries.

Yearly Historical Data (1989-2022)

(in %)
Year Tariff Rate (%)
2022 1.83%
2021 2.06%
2020 1.87%
2019 2.1%
2018 1.99%
2017 1.99%
2016 2.95%
2015 3.14%
2014 3.06%
2013 3.07%
2012 3.23%
2011 3.37%
2010 3.43%
2009 4.08%
2008 4.14%
2007 4.14%
2006 4.16%
2005 4.29%
2004 4.28%
2003 6.38%
2002 4.82%
2001 5.17%
2000 4.72%
1999 5.05%
1998 5.16%
1997 6.74%
1996 7.82%
1995 9.28%
1993 8.92%
1989 9.66%
Canada Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Canada on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $549.62B $568.51B 2024
Annual Imports $540.56B $559.67B 2024
Balance of Trade CAD -6.3B CAD -3.8B Aug'25
Exports CAD 60.6B CAD 62.5B Aug'25
Exports (% GDP) 32.46% 33.35% 2024
FDI Inflows (% GDP) 2.77% 1.94% 2024
Imports CAD 66.9B CAD 66.3B Aug'25
Imports (% GDP) 32.72% 33.28% 2024
Net Trade (Goods & Services, BoP) -$5.95B $1.36B 2024
Trade (% GDP) 65.18% 66.63% 2024