United Arab Emirates - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in United Arab Emirates was 12.62 as of 2020. Its highest value over the past 17 years was 12.62 in 2020, while its lowest value was 12.48 in 2003.

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
2003 12.48
2005 12.48
2006 12.48
2007 12.59
2008 12.59
2009 12.59
2011 12.59
2012 12.60
2013 12.60
2014 12.60
2015 12.60
2016 12.60
2017 12.62
2018 12.62
2019 12.62
2020 12.62

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in United Arab Emirates was 14.66 as of 2020. Its highest value over the past 17 years was 14.66 in 2020, while its lowest value was 14.31 in 2003.

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
2003 14.31
2005 14.31
2006 14.31
2007 14.45
2008 14.45
2009 14.45
2011 14.45
2012 14.62
2013 14.62
2014 14.62
2015 14.62
2016 14.62
2017 14.66
2018 14.66
2019 14.66
2020 14.66

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in United Arab Emirates was 20.53 as of 2020. Its highest value over the past 17 years was 20.62 in 2011, while its lowest value was 20.45 in 2012.

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
2003 20.52
2005 20.52
2006 20.52
2007 20.62
2008 20.62
2009 20.62
2011 20.62
2012 20.45
2013 20.45
2014 20.45
2015 20.45
2016 20.45
2017 20.53
2018 20.53
2019 20.53
2020 20.53

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs