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

Bound rate, simple mean, primary products (%) in Brazil was 33.96 as of 2020. Its highest value over the past 25 years was 34.06 in 2006, while its lowest value was 33.78 in 1995.

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
1995 33.78
1996 34.03
1997 34.03
1998 34.03
1999 34.03
2000 34.03
2001 34.03
2002 34.06
2003 34.06
2004 34.06
2005 34.06
2006 34.06
2007 33.96
2008 33.96
2009 33.96
2010 33.96
2011 33.96
2012 33.96
2013 33.86
2014 33.86
2015 33.86
2016 33.86
2017 33.96
2018 33.96
2019 33.96
2020 33.96

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs