This statistic shows the cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product categories. As expressed as a tariff equivalent, U.S. exports of pork to the EU face an 81 percent tariff due to non-tariff measures.
Non-tariff measures
Non-tariff trade barriers or non-tariff trade measures are, as the name suggests, barriers to trade other than tariffs. These are typically embodied in regulatory mechanisms such as customs valuations rules, licensing restrictions and quotas, as well as safety standards. Non-tariff barriers are generally implemented in order to help domestic business or protect the health and safety of a nation’s citizens, wildlife and environment.
The reduction or elimination of non-tariff barriers is at the heart of both the Transatlantic Trade and Investment Partnership as well as the fears of its critics. The deal seeks to make trade regulations between the United States and European Union countries equivalent in order to facilitate greater trade. A recent study on TTIP has projected that U.S. exports to the EU would increase by 22 to 36 percent and EU to U.S. exports would increase by 15 to 27 percent.
Tariff equivalent of NTMs were calculated using a gravity model to estimate the cost of trade with and without specific frequently cited NTMs by U.S. and EU exporters and then expressed as a percentage of current trade prices on a subset of exports.
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US Department of Agriculture. (November 30, 2015). Cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product category 2015 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/
US Department of Agriculture. "Cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product category 2015." Chart. November 30, 2015. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/
US Department of Agriculture. (2015). Cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product category 2015. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/
US Department of Agriculture. "Cost of Non-tariff Measures on U.S. Agricultural Exports to The Eu Expressed as a Tariff Equivalent, by Product Category 2015." Statista, Statista Inc., 30 Nov 2015, https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/
US Department of Agriculture, Cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product category 2015 Statista, https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/ (last visited November 21, 2024)
Cost of non-tariff measures on U.S. agricultural exports to the EU expressed as a tariff equivalent, by product category 2015 [Graph], US Department of Agriculture, November 30, 2015. [Online]. Available: https://www.statista.com/statistics/546341/cost-of-ntms-on-us-agricultural-exports-to-eu-by-product-category-2015/