Benin - Binding coverage
Binding coverage, manufactured products (%)
Binding coverage, manufactured products (%) in Benin was 32.94 as of 2020. Its highest value over the past 19 years was 35.80 in 2002, while its lowest value was 32.94 in 2017.
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 |
---|---|
2001 | 35.80 |
2002 | 35.80 |
2003 | 34.45 |
2004 | 34.45 |
2005 | 34.45 |
2006 | 34.45 |
2007 | 33.18 |
2008 | 33.18 |
2009 | 33.18 |
2010 | 33.18 |
2011 | 33.18 |
2012 | 33.18 |
2013 | 33.18 |
2014 | 33.18 |
2015 | 32.96 |
2016 | 32.96 |
2017 | 32.94 |
2018 | 32.94 |
2019 | 32.94 |
2020 | 32.94 |
Binding coverage, all products (%)
Binding coverage, all products (%) in Benin was 39.76 as of 2020. Its highest value over the past 19 years was 41.69 in 2002, while its lowest value was 39.41 in 2007.
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 |
---|---|
2001 | 41.69 |
2002 | 41.69 |
2003 | 40.52 |
2004 | 40.52 |
2005 | 40.52 |
2006 | 40.52 |
2007 | 39.41 |
2008 | 39.41 |
2009 | 39.41 |
2010 | 39.41 |
2011 | 39.41 |
2012 | 39.41 |
2013 | 39.41 |
2014 | 39.41 |
2015 | 39.57 |
2016 | 39.57 |
2017 | 39.77 |
2018 | 39.77 |
2019 | 39.76 |
2020 | 39.76 |
Binding coverage, primary products (%)
Binding coverage, primary products (%) in Benin was 59.33 as of 2020. Its highest value over the past 19 years was 62.51 in 2002, while its lowest value was 58.56 in 2015.
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 |
---|---|
2001 | 62.51 |
2002 | 62.51 |
2003 | 61.44 |
2004 | 61.44 |
2005 | 61.44 |
2006 | 61.44 |
2007 | 60.40 |
2008 | 60.40 |
2009 | 60.40 |
2010 | 60.40 |
2011 | 60.40 |
2012 | 60.40 |
2013 | 60.40 |
2014 | 60.40 |
2015 | 58.56 |
2016 | 58.56 |
2017 | 59.38 |
2018 | 59.38 |
2019 | 59.33 |
2020 | 59.33 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs