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

Bound rate, simple mean, primary products (%) in Brunei was 23.04 as of 2020. Its highest value over the past 24 years was 32.01 in 2009, while its lowest value was 22.41 in 1996.

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
1996 22.41
1997 22.41
1998 22.41
1999 22.41
2000 22.41
2001 22.41
2002 22.41
2003 22.41
2004 22.47
2005 22.47
2006 22.47
2007 31.80
2008 31.86
2009 32.01
2010 31.90
2011 31.86
2014 31.44
2016 23.09
2017 23.04
2018 23.04
2019 23.04
2020 23.04

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs