Seeking to deepen the understanding about the relationship between non-tariff measures (NTMs) and international trade, this work estimates bilateral volume effects of imposing NTMs on international trade, focusing on two of the most observed measures: technical barriers to trade (TBT) and sanitary and phytosanitary (SPS) measures. Estimates were carried out for more than 5,000 products at the 6-digit level of the Harmonized System using a panel for 2001-2015 with NTM data notified by more than 150 member countries of the World Trade Organization (WTO).
Collection relating to trends in global and regional trade in goods and services, trade policies and negotiations, and regional integration processes, among other topics, analysed from the perspective of the position of the Latin American and Caribbean region in the global economy. Prepared by: Division of International Trade and Integration. ISSN: 1680-869X.