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India Tariff Rate

India's tariff rate rose to 10.06% in 2022, up from 9.86% in 2021, according to World Bank. This represents an increase of 0.2% from the previous year. India has tariff rate higher than the global median (10.06% vs median 5.90%). Compared with the median in Asia, India is higher (10.06% vs regional median 5.36%) and ranks 6th out of 45 countries in Asia.

Yearly Historical Data (1990-2022)

(in %)
Year Tariff Rate (%)
2022 10.06%
2021 9.86%
2020 9.42%
2019 10.21%
2018 9.03%
2017 8.88%
2016 8.91%
2015 9.75%
2013 10.59%
2012 10.71%
2011 10.56%
2010 8.88%
2009 10.28%
2008 9.98%
2007 14.66%
2006 13.86%
2005 16.5%
2004 28.57%
2003 25.63%
2002 28.79%
2001 31.79%
2000 33.4%
1999 32.4%
1997 28.9%
1996 37%
1992 56.02%
1990 80.85%
India Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by India on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $434.44B $431.41B 2024
Annual Imports $697.75B $672.14B 2024
Balance of Trade -$32.1B -$26.5B Sep'25
Exports $36.4B $35.1B Sep'25
Exports (% GDP) 21.18% 21.45% 2024
FDI Inflows (% GDP) 0.71% 0.77% 2024
Imports $68.5B $61.6B Sep'25
Imports (% GDP) 23.49% 23.54% 2024
Net Trade (Goods & Services, BoP) -$101.03B -$86.33B 2024
Trade (% GDP) 44.67% 44.99% 2024