Panama - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Panama was 80.50 as of 2020. Its highest value over the past 23 years was 93.07 in 1997, while its lowest value was 80.18 in 2012.

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
1997 93.07
1998 92.85
1999 92.85
2000 92.85
2001 92.85
2002 92.85
2003 92.85
2004 92.88
2005 92.84
2006 92.88
2007 92.88
2008 92.06
2009 92.06
2010 92.06
2011 92.06
2012 80.18
2013 80.18
2015 80.18
2020 80.50

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs