Brazil vs South Korea: Bound rate, simple mean, primary products (%)
Brazil
34.0%
in 2022
South Korea
33.5%
in 2021
Brazil rank
69th
South Korea rank
72nd
Bound rate, simple mean, primary products (%) over time
- Brazil
- South Korea
How they compare
Brazil currently reports 34.0% against 33.5% in South 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 South Korea ranks 72nd of 157 countries.
Across the 4 decades both report, Brazil averaged higher in 2 and South Korea in 2.
Head to head by decade
| Decade | Brazil | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.0% | 33.7% | 0.3% | Brazil |
| 2000s | 34.0% | 35.0% | 1.0% | South Korea |
| 2010s | 33.9% | 35.6% | 1.7% | South 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 South Korea?
- Brazil, at 34.0% against 33.5% in South Korea as of 2022.
- What is the difference in bound rate, simple mean, primary products between Brazil and South Korea?
- 0.5%, with Brazil ahead.
- How many years of comparable data are there for Brazil and South Korea?
- 26 years are reported by both, from 1995 to 2021.
- How do Brazil and South Korea rank globally for bound rate, simple mean, primary products?
- Brazil ranks 69th and South 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).