Morocco: Binding coverage, primary products (%)

Key figures

What the numbers say

From 2012 to 2021 the straight-line trend is downward, about 0.01 percentage points a year. A straight line explains 75% of the movement over 8 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Morocco had the 1st highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Morocco in the 2021 ranking

• Armenia — 1st of 12: 99.92%
• Papua New Guinea — 3rd of 12: 99.92%
• Russian Federation — 4th of 12: 99.92%
• United Arab Emirates — 5th of 12: 99.92%

What this measures

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).

All 20 values

Binding coverage, primary products (%) in nearby economies

• Bahrain — 0% (2022)
• Egypt, Arab Rep. — 99.01% (2019)
• Israel — 88.8% (2022)
• Jordan — 99.85% (2022)
• Kuwait — 99.57% (2022)
• Malta — 0% (2022)
• Oman — 0% (2022)
• Pakistan — 0% (2022)
• Qatar — 0% (2022)
• Saudi Arabia — 0% (2022)
• Tunisia

More trade data for Morocco

• Tariff rate, applied, simple mean, manufactured products (%) — 5.48% (2021)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 12.47% (2021)
• Tariff rate, applied, weighted mean, manufactured products (%) — 3.07% (2021)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 13.32% (2021)
• Tariff rate, applied, simple mean, all products (%) — 5.73% (2021)
• Tariff rate, most favored nation, simple mean, all products (%) — 14.39% (2021)
• Tariff rate, applied, weighted mean, all products (%) — 4.23% (2021)
• Tariff rate, most favored nation, weighted mean, all products (%) — 13.72% (2021)

Reading data like this

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Questions people ask

What is Morocco's binding coverage, primary products (%)?

99.92% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is down 0.08 percentage points from 100% in 1997. The highest value was 100% in 1997 and the lowest 99.92% in 2019.

How does Morocco rank?

1st highest of 12 economies with data for 2021.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO).

Source

World Bank, World Development Indicators, indicator TM.TAX.TCOM.BC.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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