Vanuatu - Binding coverage

Binding coverage, manufactured products (%)

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. 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
2012 99.97
2015 100.00
2016 100.00
2017 100.00
2020 100.00

Binding coverage, all products (%)

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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2012 99.98
2015 100.00
2016 100.00
2017 100.00
2020 99.98

Binding coverage, primary products (%)

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
2012 100.00
2015 100.00
2016 100.00
2017 100.00
2020 99.92

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs