Binding coverage, manufactured products in European Union
European Union: Binding coverage, manufactured products was 0.0% in 2022. ▼ Falling
Binding coverage, manufactured products in European Union, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, manufactured products in European Union is 0.0%, measured in 2022. That is the lowest value across all 28 years on record.
That represents a change of down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, manufactured products in European Union peaked at 100.0% in 1995 and was at its lowest, 0.0%, in 2022.
The long-run direction has been consistently falling across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 66.7% | 0.0% | 100.0% | 3 |
Countries ranked near European Union
- 1 Angola 100.0% compare
- 1 Argentina 100.0% compare
- 1 Armenia 100.0% compare
- 1 Barbados 100.0% compare
- 1 Bolivia 100.0% compare
- 1 Brazil 100.0% compare
- 1 Cabo Verde 100.0% compare
- 1 Chile 100.0% compare
- 1 Colombia 100.0% compare
- 1 Democratic Republic of the Congo 100.0% compare
- 1 Georgia 100.0% compare
- 1 Guyana 100.0% compare
- 1 Jordan 100.0% compare
- 1 Lao People’s Democratic Republic 100.0% compare
- 1 Mexico 100.0% compare
- 1 Moldova 100.0% compare
- 1 Morocco 100.0% compare
- 1 Papua New Guinea 100.0% compare
- 1 Paraguay 100.0% compare
- 1 Peru 100.0% compare
- 1 Russia 100.0% compare
- 1 Samoa 100.0% compare
- 1 Seychelles 100.0% compare
- 1 Saint Kitts and Nevis 100.0% compare
- 1 Saint Lucia 100.0% compare
- 1 Tajikistan 100.0% compare
- 1 Tonga 100.0% compare
- 1 Trinidad and Tobago 100.0% compare
- 1 Ukraine 100.0% compare
- 1 United Arab Emirates 100.0% compare
- 1 Uruguay 100.0% compare
- 1 Venezuela 100.0% compare
More private sector data for European Union
- Merchandise trade 70.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 70.7% (2024)
- Merchandise imports 7.41 trillion current US$ (2025)
- Food exports 11.0% (2024)
- Manufactures exports 76.6% (2024)
- Merchandise exports 7.66 trillion current US$ (2025)
- Commercial service exports 3.61 trillion current US$ (2025)
- Transport services 18.5% (2025)
- Computer, communications and other services 53.1% (2025)
Frequently asked questions
- What is binding coverage, manufactured products in European Union?
- Binding coverage, manufactured products in European Union was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in European Union?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, manufactured products recorded in European Union?
- The lowest recorded value was 0.0% in 2022.
- How does European Union rank for binding coverage, manufactured products?
- European Union ranks 1st out of 1 groups with data for 2022.
- Is binding coverage, manufactured products rising or falling in European Union?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this European Union data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
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.