Figure 2.2.1. Potential Gains from Tackling Traditional Trade

Figure 2.2.1. Potential Gains from Tackling
Traditional Trade Barriers
(Percent)
220 1. Market Share Index in Global WTO ITA
Products of “Passive Signatories”
200
(Index, 0 = 100)
180
160
140
120
100
80
60
40
20
0
–7 –6 –5 –4 –3 –2 –1 0 1 2 3
Years in ITA
4
5
20 2. Estimated Reductions in Ad-Valorem Tariff
Equivalent Trade Costs Due to WTO TFA
(Percent)
15
10
5
0
Developed
G-20
developing
Other
developing
Leastdeveloped
Sources: Henn and Mkrtchyan (2015); and World Trade
Organization (WTO) Statistics database.
Note: ITA = Information Technology Agreement; TFA = Trade
Facilitation Agreement. Panel 1 shows the evolution (pre- and
post-WTO ITA accession) of information technology exports
of “passive signatories,” that is, those countries that joined
the agreement as part of a large policy objective rather than
due to an established comparative advantage in the sector.