Vietnam - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Vietnam was 13.68 as of 2020. Its highest value over the past 13 years was 13.68 in 2020, while its lowest value was 13.37 in 2007.

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
2007 13.37
2008 13.58
2009 13.58
2010 13.58
2012 13.59
2013 13.59
2014 13.59
2015 13.59
2016 13.59
2017 13.59
2018 13.68
2019 13.68
2020 13.68

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs