Singapore - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Singapore was 85.61 as of 2020. Its highest value over the past 25 years was 85.89 in 2018, while its lowest value was 83.42 in 1995.

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
1995 83.42
1996 83.78
1997 83.78
1998 83.78
1999 83.78
2000 83.78
2001 83.78
2002 83.73
2003 83.73
2004 83.73
2005 83.73
2006 83.73
2007 83.73
2008 83.78
2009 83.78
2010 83.78
2011 83.78
2012 85.89
2013 85.89
2014 85.89
2015 85.89
2016 85.89
2017 85.89
2018 85.89
2019 85.61
2020 85.61

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs