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Venezuela Tariff Rate

Venezuela's tariff rate fell to 12.74% in 2022, down from 13.05% in 2021, according to World Bank. This represents a decrease of 0.31% from the previous year. Venezuela has tariff rate higher than the global median (12.74% vs median 5.90%). Compared with the median in Americas, Venezuela is higher (12.74% vs regional median 9.44%) and ranks 6th out of 38 countries in Americas.

Yearly Historical Data (1992-2022)

(in %)
Year Tariff Rate (%)
2022 12.74%
2021 13.05%
2020 14.44%
2019 11.9%
2018 10.94%
2017 11.88%
2016 11.2%
2015 11.82%
2014 11.03%
2013 11.65%
2012 11.84%
2011 11.83%
2010 13.07%
2009 12.22%
2008 12.24%
2007 11.83%
2006 12.32%
2005 12.66%
2004 12.5%
2003 13.34%
2002 13.62%
2001 13.38%
2000 13.24%
1999 13.3%
1998 13%
1997 12.82%
1995 12.8%
1992 17.13%
Venezuela Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Venezuela on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $87.96B $95.03B 2013
Annual Imports $44.95B $59.07B 2013