New Zealand - Binding coverage, primary products (%)
Binding coverage, primary products (%) in New Zealand was 99.92 as of 2020. Its highest value over the past 24 years was 100.00 in 2012, while its lowest value was 99.85 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 | 100.00 |
| 1997 | 100.00 |
| 1998 | 100.00 |
| 1999 | 100.00 |
| 2000 | 100.00 |
| 2001 | 100.00 |
| 2002 | 99.92 |
| 2003 | 99.92 |
| 2004 | 99.92 |
| 2005 | 99.92 |
| 2006 | 99.92 |
| 2007 | 100.00 |
| 2008 | 100.00 |
| 2009 | 100.00 |
| 2010 | 100.00 |
| 2011 | 100.00 |
| 2012 | 100.00 |
| 2013 | 99.92 |
| 2014 | 99.92 |
| 2015 | 99.92 |
| 2016 | 99.92 |
| 2017 | 99.92 |
| 2019 | 99.85 |
| 2020 | 99.92 |
Periodicity: Annual
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
