Non-Tariff Barriers (NTBs)

Non-Tariff Barriers (NTBs) are restrictions, other than tariffs, that countries use to control trade volume across their borders.

NTBs include quotas, import licenses, and standards. Quotas limit the quantity of goods imported. Import licenses restrict entry only to authorized goods. Standards stipulate specific criteria products must meet, such as health regulations or safety protocols.

Other examples of NTBs are embargoes, subsidies, and customs delays. Embargoes ban specific imports entirely. Subsidies provide financial support to local producers, making imported goods less competitive. Customs delays involve prolonged inspection times to discourage imports.