Vietnam - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Vietnam was 98.68 as of 2020. Its highest value over the past 13 years was 98.70 in 2017, while its lowest value was 98.51 in 2007.

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
2007 98.51
2008 98.52
2009 98.52
2010 98.52
2012 98.70
2013 98.70
2014 98.70
2015 98.70
2016 98.70
2017 98.70
2018 98.68
2019 98.68
2020 98.68

Binding coverage, all products (%)

Binding coverage, all products (%) in Vietnam was 93.82 as of 2020. Its highest value over the past 13 years was 97.11 in 2007, while its lowest value was 93.75 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
2007 97.11
2008 96.91
2009 96.91
2010 96.91
2012 93.75
2013 93.75
2014 93.75
2015 93.75
2016 93.75
2017 93.75
2018 93.83
2019 93.82
2020 93.82

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Vietnam was 80.20 as of 2020. Its highest value over the past 13 years was 92.63 in 2007, while its lowest value was 79.88 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
2007 92.63
2008 91.80
2009 91.80
2010 91.80
2012 79.88
2013 79.88
2014 79.88
2015 79.88
2016 79.88
2017 79.88
2018 80.26
2019 80.20
2020 80.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs