Top 15 Countries that Have the Highest Import Tariff Rates

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Last Updated on October 27, 2020

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India

© Wikipedia

13 percent Import Tariff

The Indian government has long attempted to improve the local market, as well as wages, to offset the labor excess, given that this country has the 2nd largest population in the world. And one way the country’s government officials have done so is imposing import tariffs.

Gabon

Gabon

© Wikipedia

13.4 percent Import Tariff

Gabon is a relatively stable Central African nation that’s oil-rich and has one of the world’s largest general import tariffs, which sort of make it up to the country’s tight economy and longtime financial dependence on France. It should be noted that Gabon got its independence from France back in 1960.

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