South Africa - Binding coverage
Binding coverage, manufactured products (%)
Binding coverage, manufactured products (%) in South Africa was 99.44 as of 2020. Its highest value over the past 24 years was 99.54 in 2001, while its lowest value was 99.43 in 2002.
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.
See also:
| Year | Value |
|---|---|
| 1996 | 99.48 |
| 1997 | 99.54 |
| 1999 | 99.54 |
| 2000 | 99.54 |
| 2001 | 99.54 |
| 2002 | 99.43 |
| 2003 | 99.43 |
| 2004 | 99.43 |
| 2005 | 99.43 |
| 2006 | 99.43 |
| 2007 | 99.43 |
| 2008 | 99.43 |
| 2009 | 99.43 |
| 2010 | 99.43 |
| 2011 | 99.43 |
| 2012 | 99.45 |
| 2013 | 99.45 |
| 2014 | 99.45 |
| 2015 | 99.45 |
| 2016 | 99.45 |
| 2017 | 99.44 |
| 2018 | 99.44 |
| 2019 | 99.44 |
| 2020 | 99.44 |
Binding coverage, all products (%)
Binding coverage, all products (%) in South Africa was 94.40 as of 2020. Its highest value over the past 24 years was 96.60 in 2001, while its lowest value was 94.29 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.
Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.
See also:
| Year | Value |
|---|---|
| 1996 | 96.49 |
| 1997 | 96.60 |
| 1999 | 96.60 |
| 2000 | 96.60 |
| 2001 | 96.60 |
| 2002 | 96.30 |
| 2003 | 96.30 |
| 2004 | 96.30 |
| 2005 | 96.30 |
| 2006 | 96.30 |
| 2007 | 96.02 |
| 2008 | 96.02 |
| 2009 | 96.02 |
| 2010 | 96.02 |
| 2011 | 96.02 |
| 2012 | 94.29 |
| 2013 | 94.29 |
| 2014 | 94.29 |
| 2015 | 94.29 |
| 2016 | 94.29 |
| 2017 | 94.42 |
| 2018 | 94.42 |
| 2019 | 94.40 |
| 2020 | 94.40 |
Binding coverage, primary products (%)
Binding coverage, primary products (%) in South Africa was 80.50 as of 2020. Its highest value over the past 24 years was 87.18 in 2001, while its lowest value was 80.03 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 |
|---|---|
| 1996 | 87.11 |
| 1997 | 87.18 |
| 1999 | 87.18 |
| 2000 | 87.18 |
| 2001 | 87.18 |
| 2002 | 86.69 |
| 2003 | 86.69 |
| 2004 | 86.69 |
| 2005 | 86.69 |
| 2006 | 86.69 |
| 2007 | 85.59 |
| 2008 | 85.59 |
| 2009 | 85.59 |
| 2010 | 85.59 |
| 2011 | 85.59 |
| 2012 | 80.03 |
| 2013 | 80.03 |
| 2014 | 80.03 |
| 2015 | 80.03 |
| 2016 | 80.03 |
| 2017 | 80.56 |
| 2018 | 80.56 |
| 2019 | 80.50 |
| 2020 | 80.50 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
