Bound rate; simple mean; primary products (%) in South Korea

The Bound rate; simple mean; primary products (%) in South Korea was last reported at 31.77 in 2010, according to a World Bank report published in 2012. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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).This page includes a historical data chart, news and forecasts for Bound rate; simple mean; primary products (%) in South Korea.

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World Bank Indicators - south korea - Tariffs

	Previous	Last
Binding coverage; manufactured products (%) in South Korea	95.3	95.2	View Chart
Bound rate; simple mean; manufactured products (%) in South Korea	11.6	11.6	View Chart
Share of tariff lines with international peaks; manufactured products (%) in South Korea	0.8		View Chart
Tariff rate; applied; simple mean; manufactured products (%) in South Korea	6.6		View Chart
Tariff rate; most favored nation; simple mean; manufactured products (%) in South Korea	7.5		View Chart
Share of tariff lines with specific rates; manufactured products (%) in South Korea	1.9		View Chart
Tariff rate; applied; weighted mean; manufactured products (%) in South Korea	4.8		View Chart
Tariff rate; most favored nation; weighted mean; manufactured products (%) in South Korea	5.2		View Chart
Binding coverage; all products (%) in South Korea	95.1	94.6	View Chart
Bound rate; simple mean; all products (%) in South Korea	17.2	15.8	View Chart

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