Benin - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs