As a member of the World Trade Organisation (WTO), the European Union applies relatively high tariff rates on agricultural imports, if there is no existing trade deal with the partner it is trading with. In such cases, WTO's Most Favored Nation (MFN) is used when determining the rate of tariffs on goods. In 2019, the simple average tariff rate for dairy products, for example, was 32.3 percent. Import rate imposed on cotton was at zero.
Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019
Fish and fishery products are classified as "non-agricultural products."
World Trade Organization defines the Most-Favoured-Nation regime as follows: "Under the WTO agreements, countries cannot normally discriminate between their trading partners. Grant someone a special favour (such as a lower customs duty rate for one of their products) and you have to do the same for all other WTO members."
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WTO. (February 20, 2020). Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/
WTO. "Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019." Chart. February 20, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/
WTO. (2020). Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/
WTO. "Average Tariffs Applied by The European Union (Eu) for Agricultural Imports on Most-favoured-nation (Mfn) Terms as of 2019." Statista, Statista Inc., 20 Feb 2020, https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/
WTO, Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019 Statista, https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/ (last visited November 21, 2024)
Average tariffs applied by the European Union (EU) for agricultural imports on Most-Favoured-Nation (MFN) terms as of 2019 [Graph], WTO, February 20, 2020. [Online]. Available: https://www.statista.com/statistics/1123350/average-eu-tariffs-for-agricultural-imports-wto-most-favoured-nation/
