Binding coverage, primary products (%) - Country Ranking - South America
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: Thematic map, Time series comparison
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Argentina | 99.92 | 2020 |
| 1 | Bolivia | 99.92 | 2020 |
| 1 | Brazil | 99.92 | 2020 |
| 1 | Chile | 99.92 | 2020 |
| 1 | Colombia | 99.92 | 2020 |
| 1 | Guyana | 99.92 | 2020 |
| 1 | Peru | 99.92 | 2020 |
| 1 | Paraguay | 99.92 | 2020 |
| 1 | Uruguay | 99.92 | 2020 |
| 10 | Venezuela | 99.85 | 2020 |
| 11 | Ecuador | 93.53 | 2020 |
| 12 | Suriname | 55.74 | 2020 |
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Periodicity: Annual
