Tonga: Binding coverage, manufactured products (%)

Key figures

How it compares

In 2022, Tonga had the 1st highest value of the 130 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 Tonga in the 2022 ranking

• Moldova — 13th of 130: 100%
• Paraguay — 14th of 130: 100%
• Peru — 15th of 130: 100%
• Trinidad and Tobago — 17th of 130: 100%
• Ukraine — 18th of 130: 100%
• Uruguay — 19th of 130: 100%

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

All 11 values

Binding coverage, manufactured products (%) in nearby economies

• Australia — 0% (2022)
• Brunei Darussalam — 94.77% (2022)
• Cambodia — 0% (2022)
• China — 0% (2022)
• Fiji — 50.15% (2021)
• Hong Kong SAR, China — 0% (2022)
• Indonesia — 0% (2022)
• Japan — 0% (2022)
• Korea, Rep. — 0% (2022)
• Macao SAR, China — 0% (2022)

More trade data for Tonga

• Import volume index (2015 = 100) — 119.4 (2024)
• Import value index (2015 = 100) — 140.9 (2024)
• Net barter terms of trade index (2015 = 100) — 89.8 (2024)
• Export volume index (2015 = 100) — 49.6 (2024)
• Export value index (2015 = 100) — 52.6 (2024)
• Bound rate, simple mean, manufactured products (%) — 17.1% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 10.26% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.67% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 7.85% (2022)

Reading data like this

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Questions people ask

What is Tonga's binding coverage, manufactured products (%)?

100% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2009?

It is up 0.03 percentage points from 99.97% in 2009. The highest value was 100% in 2015 and the lowest 99.97% in 2009.

How does Tonga rank?

1st highest of 130 economies with data for 2022.

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.MANF.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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