Zimbabwe: Binding coverage, primary products (%)

Key figures

What the numbers say

On record, the biggest yearly rise was 0.78 percentage points in 2011 and the biggest yearly fall was 0.76 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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, Zimbabwe had the 9th 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 Zimbabwe in the 2021 ranking

• Kyrgyz Republic — 6th of 12: 99.85%
• Antigua and Barbuda — 7th of 12: 89.21%
• Sri Lanka — 8th of 12: 73.42%
• Malawi — 10th of 12: 68.77%
• Fiji — 11th of 12: 55.67%
• Mozambique — 12th of 12: 52.86%

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 15 values

Binding coverage, primary products (%) in nearby economies

• Angola — 99.92% (2022)
• Benin — 0% (2022)
• Botswana — 0% (2022)
• Burkina Faso — 0% (2022)
• Burundi — 0% (2022)
• Cabo Verde — 99.85% (2022)
• Cameroon — 0% (2022)
• Central African Republic — 0% (2022)
• Chad — 0% (2022)
• Congo, Rep. — 0% (2022)
• Côte d'Ivoire

More trade data for Zimbabwe

• Import volume index (2015 = 100) — 123.1 (2024)
• Import value index (2015 = 100) — 168.8 (2024)
• Net barter terms of trade index (2015 = 100) — 108.9 (2024)
• Export volume index (2015 = 100) — 152.2 (2024)
• Export value index (2015 = 100) — 227.3 (2024)
• Binding coverage, manufactured products (%) — 8.49% (2021)
• Bound rate, simple mean, manufactured products (%) — 24.81% (2021)
• Tariff rate, applied, simple mean, manufactured products (%) — 17.97% (2021)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 16.72% (2021)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

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

69.15% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is up 3.27 percentage points from 65.88% in 1996. The highest value was 69.15% in 2021 and the lowest 65.66% in 2007.

How does Zimbabwe rank?

9th 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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