The Millennium Development Goals Report 2010

Page 71

The Millennium Development Goals Report 2010

Least developed countries benefit most from tariff reductions, especially on their agricultural products

LDCs are 1.6 per cent (versus 8 per cent for other developing countries), though tariffs on clothing and textiles from LDCs are only 2 to 3 percentage points lower than those for developing countries as a group.

Developed countries' average tariffs on imports on key products from developing countries, 1996-2008 (Percentage) 14 12 10 8 6 4

Agricultural goods Clothing Textiles

2 0 1996

1998

2000

2002

2004

2006

2008

Developed countries' average tariffs on imports on key products from least developed countries (LDCs), 1996-2008 (Percentage) 9 8 7 6 5 4 3 2

Agricultural goods Clothing Textiles

1 0 1996

1998

2000

2002

2004

2006

2008

Despite preferences, developed countries’ tariffs on imports of agricultural products, textiles and clothing from developing countries remained between 5 per cent and 8 per cent in 2008 and were only 2 to 3 percentage points lower than in 1998. However, least developed countries continue to benefit from larger tariff reductions, especially for their agricultural products. Preferential tariffs on agricultural imports from

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