Japan - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Japan was 2.49 as of 2020. Its highest value over the past 25 years was 3.26 in 2002, while its lowest value was 2.45 in 1996.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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
1995 2.47
1996 2.45
1997 2.45
1998 2.45
1999 2.45
2000 2.45
2001 2.45
2002 3.26
2003 3.23
2004 3.21
2005 3.18
2006 3.13
2007 3.03
2008 2.99
2009 3.01
2010 3.05
2011 3.11
2012 3.12
2013 3.04
2014 2.96
2015 2.48
2016 2.48
2017 2.49
2018 2.49
2019 2.49
2020 2.49

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Japan was 3.08 as of 2020. Its highest value over the past 25 years was 8.84 in 2002, while its lowest value was 2.95 in 1996.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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
1995 2.96
1996 2.95
1997 2.95
1998 2.95
1999 2.95
2000 2.95
2001 2.95
2002 8.84
2003 8.30
2004 7.49
2005 7.16
2006 6.91
2007 6.57
2008 6.23
2009 6.17
2010 6.41
2011 6.73
2012 7.84
2013 7.47
2014 6.86
2015 3.06
2016 3.06
2017 3.08
2018 3.08
2019 3.08
2020 3.08

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Japan was 4.88 as of 2020. Its highest value over the past 25 years was 28.29 in 2002, while its lowest value was 4.73 in 1995.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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
1995 4.73
1996 4.77
1997 4.77
1998 4.77
1999 4.77
2000 4.77
2001 4.77
2002 28.29
2003 25.98
2004 22.37
2005 21.00
2006 20.06
2007 18.69
2008 17.27
2009 16.97
2010 17.85
2011 19.11
2012 21.80
2013 20.56
2014 18.38
2015 4.87
2016 4.87
2017 4.88
2018 4.88
2019 4.88
2020 4.88

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs