Sri Lanka - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Sri Lanka was 29.13 as of 2020. Its highest value over the past 23 years was 32.45 in 1997, while its lowest value was 29.10 in 2003.

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
1997 32.45
1998 32.15
2000 32.15
2001 32.15
2003 29.10
2004 29.10
2005 29.10
2006 29.10
2007 29.24
2008 29.24
2009 29.24
2010 29.24
2011 29.22
2012 29.32
2014 29.32
2015 29.11
2017 29.11
2018 29.13
2019 29.13
2020 29.13

Binding coverage, all products (%)

Binding coverage, all products (%) in Sri Lanka was 40.56 as of 2020. Its highest value over the past 23 years was 40.71 in 1997, while its lowest value was 38.15 in 2003.

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
1997 40.71
1998 40.50
2000 40.50
2001 40.50
2003 38.15
2004 38.15
2005 38.15
2006 38.15
2007 38.46
2008 38.46
2009 38.46
2010 38.46
2011 38.44
2012 40.67
2014 40.67
2015 40.52
2017 40.52
2018 40.57
2019 40.56
2020 40.56

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Sri Lanka was 73.42 as of 2020. Its highest value over the past 23 years was 73.48 in 2018, while its lowest value was 69.15 in 2003.

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 69.21
1998 69.75
2000 69.75
2001 69.75
2003 69.15
2004 69.15
2005 69.15
2006 69.15
2007 69.37
2008 69.37
2009 69.37
2010 69.37
2011 69.37
2012 73.35
2014 73.35
2015 73.35
2017 73.35
2018 73.48
2019 73.42
2020 73.42

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs