Ecuador - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Ecuador was 93.53 as of 2020. Its highest value over the past 24 years was 97.29 in 2007, while its lowest value was 93.53 in 2019.

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
1996 97.12
1997 97.12
1998 97.12
1999 97.12
2000 97.12
2001 97.12
2002 97.29
2003 97.29
2004 97.29
2005 97.29
2006 97.29
2007 97.29
2008 95.60
2009 95.60
2010 95.60
2011 95.60
2012 95.60
2014 93.69
2015 93.69
2016 93.69
2017 93.69
2018 93.60
2019 93.53
2020 93.53

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs