Benin - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Benin was 32.94 as of 2020. Its highest value over the past 19 years was 35.80 in 2002, while its lowest value was 32.94 in 2017.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 35.80
2002 35.80
2003 34.45
2004 34.45
2005 34.45
2006 34.45
2007 33.18
2008 33.18
2009 33.18
2010 33.18
2011 33.18
2012 33.18
2013 33.18
2014 33.18
2015 32.96
2016 32.96
2017 32.94
2018 32.94
2019 32.94
2020 32.94

Binding coverage, all products (%)

Binding coverage, all products (%) in Benin was 39.76 as of 2020. Its highest value over the past 19 years was 41.69 in 2002, while its lowest value was 39.41 in 2007.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 41.69
2002 41.69
2003 40.52
2004 40.52
2005 40.52
2006 40.52
2007 39.41
2008 39.41
2009 39.41
2010 39.41
2011 39.41
2012 39.41
2013 39.41
2014 39.41
2015 39.57
2016 39.57
2017 39.77
2018 39.77
2019 39.76
2020 39.76

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Benin was 59.33 as of 2020. Its highest value over the past 19 years was 62.51 in 2002, while its lowest value was 58.56 in 2015.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 62.51
2002 62.51
2003 61.44
2004 61.44
2005 61.44
2006 61.44
2007 60.40
2008 60.40
2009 60.40
2010 60.40
2011 60.40
2012 60.40
2013 60.40
2014 60.40
2015 58.56
2016 58.56
2017 59.38
2018 59.38
2019 59.33
2020 59.33

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs