Tariff rate for primary and manufactured products in South Korea

South Korea: Tariff rate for primary and manufactured products was 5.7% in 2022. ▼ Falling

Latest (2022)
5.7%
Change on year
up 16.7%
World rank
75th
of 184 countries
All-time high
15.0%
in 1996
All-time low
4.8%
in 2018
Years of data
31
1988–2022

Tariff rate for primary and manufactured products in South Korea, 1988–2022

57.51012.5151988200520221988: 13.9 %1989: 10.6 %1990: 9.5 %1992: 8.5 %1995: 6.8 %1996: 15 %1997: 13.4 %1998: 13.6 %1999: 5.9 %2000: 9.6 %2001: 10.4 %2002: 10 %2003: 9.7 %2004: 9.2 %2005: 8 %2006: 7.4 %2007: 7.1 %2008: 8.3 %2009: 7.8 %2010: 7.2 %2011: 7.3 %2012: 7.6 %2013: 7.8 %2014: 6.1 %2015: 5.7 %2016: 8.7 %2017: 5 %2018: 4.8 %2020: 5.5 %2021: 4.8 %2022: 5.7 %

Source: World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2022, tariff rate for primary and manufactured products in South Korea stood at 5.7%.

That represents a change of up 16.7% on the previous year and down 25.4% over ten years.

Over the whole period, tariff rate for primary and manufactured products in South Korea peaked at 15.0% in 1996 and was at its lowest, 4.8%, in 2018.

South Korea ranks 75th of 184 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 12.3% 10.6% 13.9% 2
1990s 10.4% 5.9% 15.0% 7
2000s 8.7% 7.1% 10.4% 10
2010s 6.7% 4.8% 8.7% 9
2020s 5.3% 4.8% 5.7% 3

Countries ranked near South Korea

  1. 72 Malawi 6.0% compare
  2. 73 Panama 5.9% compare
  3. 74 French Polynesia 5.8% compare
  4. 76 Afghanistan 5.6% compare
  5. 77 Azerbaijan 5.5% compare
  6. 78 Saudi Arabia 5.4% compare

See the full ranking of 184 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is tariff rate for primary and manufactured products in South Korea?
Tariff rate for primary and manufactured products in South Korea was 5.7% in 2022, according to World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data.
What is the highest tariff rate for primary and manufactured products recorded in South Korea?
The highest recorded value was 15.0% in 1996.
What is the lowest tariff rate for primary and manufactured products recorded in South Korea?
The lowest recorded value was 4.8% in 2018.
How does South Korea rank for tariff rate for primary and manufactured products?
South Korea ranks 75th out of 184 countries with data for 2022.
Is tariff rate for primary and manufactured products rising or falling in South Korea?
Over the last ten years it is down 25.4%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data, published as part of Tariff rate for primary and manufactured products. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Tariff rate for primary and manufactured products
Unit
%
Source
World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,763 data points, 1988–2022
Last refreshed

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.