United Nations Conference on Trade and
Development released a report titled “Invisible Barriers: The Cost of
Non-Tariff Measures
¨
United Nations Conference
on Trade and Development released a report titled “Invisible Barriers: The Cost
of Non-Tariff Measures.”
¨
According to the report,
non-tariff measures now impose higher costs on global exports than tariffs for
88% of countries.
¨
Non-tariff measures are
trade-related regulations imposed in addition to customs duties.
¨
These include mandatory
standards, product requirements, licensing conditions, and health regulations.
¨
Such measures apply to
the trade of goods.
¨
They often require
compliance with technical, sanitary, and administrative conditions.
¨
The report stated that
developing economies and least developed countries face higher compliance costs
under non-tariff measures.
¨
Least developed countries
lose nearly 10% of their exports to G20 markets because they are unable to meet
non-tariff requirements.
¨
The report also noted
that the weak participation of least developed countries in World Trade
Organization disputes and negotiations affects their ability to address
technical barriers.
¨
In 2025, global tariffs
increased by 10% for developed economies.
¨
Tariffs rose by 16% for
developing countries.
¨
Least developed countries
recorded an 18% rise in tariffs.
¨ Despite the tariff increases, the report said non-tariff measures remained the major expense for most exporters.
¨ The report linked the rise in interventionist trade policies to the COVID-19 pandemic, Russia’s invasion of Ukraine in 2022, and tariff increases introduced by the United States in 2025.