New Zealand - Binding coverage, primary products (%)

Binding coverage, primary products (%) in New Zealand was 99.92 as of 2020. Its highest value over the past 24 years was 100.00 in 2012, while its lowest value was 99.85 in 2019.

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 100.00
1997 100.00
1998 100.00
1999 100.00
2000 100.00
2001 100.00
2002 99.92
2003 99.92
2004 99.92
2005 99.92
2006 99.92
2007 100.00
2008 100.00
2009 100.00
2010 100.00
2011 100.00
2012 100.00
2013 99.92
2014 99.92
2015 99.92
2016 99.92
2017 99.92
2019 99.85
2020 99.92

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs