South Africa - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs