What is binding coverage, primary products in Armenia?

Binding coverage, primary products in Armenia was 99.9% in 2021, according to Staff estimates, World Bank (WB).

What is the highest binding coverage, primary products recorded in Armenia?

The highest recorded value was 100.0% in 2003.

What is the lowest binding coverage, primary products recorded in Armenia?

The lowest recorded value was 99.9% in 2019.

How does Armenia rank for binding coverage, primary products?

Armenia ranks 6th out of 158 countries with data for 2021.

Is binding coverage, primary products rising or falling in Armenia?

Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.

Where does this Armenia data come from?

The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.

Binding coverage, primary products in Armenia

Name: Binding coverage, primary products in Armenia
Creator: Staff estimates, World Bank (WB)
License: CC BY 4.0 (World Bank Open Data)

Armenia: Binding coverage, primary products was 99.9% in 2021. ▬ Flat

Latest (2021)

99.9%

Change on year

unchanged

World rank

6th

of 158 countries

All-time high

100.0%

in 2003

All-time low

99.9%

in 2019

Years of data

2003–2021

Binding coverage, primary products in Armenia, 2003–2021

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

In 2021, binding coverage, primary products in Armenia stood at 99.9%. That is the lowest value across all 19 years on record.

The figure is down 0.1% over ten years.

Over the whole period, binding coverage, primary products in Armenia peaked at 100.0% in 2003 and was at its lowest, 99.9%, in 2019.

That places Armenia 6th out of 158 countries with data for 2021, putting it in the top 10%.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	100.0%	100.0%	100.0%	7
2010s	100.0%	99.9%	100.0%	10
2020s	99.9%	99.9%	99.9%	2

Countries ranked near Armenia

6 Angola 99.9% compare
6 Argentina 99.9% compare
6 Bolivia 99.9% compare
6 Brazil 99.9% compare
6 Chile 99.9% compare
6 Colombia 99.9% compare
6 Georgia 99.9% compare
6 Guyana 99.9% compare
6 Laos 99.9% compare
6 Mexico 99.9% compare
6 Moldova 99.9% compare
6 Morocco 99.9% compare
6 Papua New Guinea 99.9% compare
6 Paraguay 99.9% compare
6 Peru 99.9% compare
6 Russia 99.9% compare
6 Seychelles 99.9% compare
6 Tonga 99.9% compare
6 Ukraine 99.9% compare
6 United Arab Emirates 99.9% compare
6 Uruguay 99.9% compare

See the full ranking of 159 places →

More private sector data for Armenia

Merchandise trade 73.3% (2025)
Food imports 8.4% (2024)
Manufactures imports 43.4% (2024)
Merchandise imports 13.04 billion current US$ (2025)
Food exports 9.4% (2024)
Manufactures exports 29.5% (2024)
Merchandise exports 8.39 billion current US$ (2025)
Commercial service exports 6.09 billion current US$ (2025)
Transport services 28.5% (2025)
Computer, communications and other services 11.5% (2025)

All data for Armenia →

Frequently asked questions

What is binding coverage, primary products in Armenia?: Binding coverage, primary products in Armenia was 99.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Armenia?: The highest recorded value was 100.0% in 2003.
What is the lowest binding coverage, primary products recorded in Armenia?: The lowest recorded value was 99.9% in 2019.
How does Armenia rank for binding coverage, primary products?: Armenia ranks 6th out of 158 countries with data for 2021.
Is binding coverage, primary products rising or falling in Armenia?: Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
Where does this Armenia data come from?: The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator: Binding coverage, primary products (%)
Unit: %
Source: Staff estimates, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 159 places, 3,312 data points, 1995–2022
Last refreshed: 06 August 2026

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).