Australia - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Australia was 99.09 as of 2020. Its highest value over the past 24 years was 99.17 in 2012, while its lowest value was 98.95 in 2001.

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
1996 99.04
1997 99.04
1998 99.04
1999 99.04
2000 99.04
2001 98.95
2002 99.07
2003 99.07
2004 99.07
2005 99.07
2006 99.07
2007 99.05
2008 98.96
2009 98.96
2010 99.05
2011 98.96
2012 99.17
2013 99.10
2014 99.10
2015 99.10
2016 99.10
2017 99.09
2018 99.09
2019 99.01
2020 99.09

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs