Brazil vs Republic of Korea: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Brazil
- Republic of Korea
How they compare
Brazil currently reports 34.0% against 33.5% in Republic of Korea, a difference of 0.5%.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Brazil ahead.
Brazil ranks 69th and Republic of Korea ranks 72nd of 157 countries.
Across the 4 decades both report, Brazil averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Brazil | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.0% | 33.7% | 0.3% | Brazil |
| 2000s | 34.0% | 35.0% | 1.0% | Republic of Korea |
| 2010s | 33.9% | 35.6% | 1.7% | Republic of Korea |
| 2020s | 34.0% | 33.5% | 0.4% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Brazil or Republic of Korea?
- Brazil, at 34.0% against 33.5% in Republic of Korea as of 2022.
- What is the difference in bound rate, simple mean, primary products between Brazil and Republic of Korea?
- 0.5%, with Brazil ahead.
- How many years of comparable data are there for Brazil and Republic of Korea?
- 26 years are reported by both, from 1995 to 2021.
- How do Brazil and Republic of Korea rank globally for bound rate, simple mean, primary products?
- Brazil ranks 69th and Republic of Korea ranks 72nd of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, primary products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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).