Binding coverage, primary products in Australia
Australia: Binding coverage, primary products was 0.0% in 2022. ▼ Falling
Binding coverage, primary products in Australia, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Australia stood at 0.0%. That is the lowest value across all 27 years on record.
The figure is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, primary products in Australia peaked at 99.2% in 2012 and was at its lowest, 0.0%, in 2022.
Australia ranks 60th of 158 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.0% | 99.0% | 99.0% | 4 |
| 2000s | 99.0% | 99.0% | 99.1% | 10 |
| 2010s | 99.1% | 99.0% | 99.2% | 10 |
| 2020s | 66.0% | 0.0% | 99.1% | 3 |
Countries ranked near Australia
- 57 Cote d'Ivoire 55.1% compare
- 58 Bangladesh 53.6% compare
- 59 Mozambique 52.9% compare
- 60 Albania 0.0% compare
- 60 Austria 0.0% compare
- 60 Bahrain 0.0% compare
- 60 Belgium 0.0% compare
- 60 Belize 0.0% compare
- 60 Benin 0.0% compare
- 60 Botswana 0.0% compare
- 60 Bulgaria 0.0% compare
- 60 Burkina Faso 0.0% compare
- 60 Burundi 0.0% compare
- 60 Cambodia 0.0% compare
- 60 Cameroon 0.0% compare
- 60 Canada 0.0% compare
- 60 Central African Republic 0.0% compare
- 60 Chad 0.0% compare
- 60 China 0.0% compare
- 60 Congo 0.0% compare
- 60 Costa Rica 0.0% compare
- 60 Croatia 0.0% compare
- 60 Cyprus 0.0% compare
- 60 Czechia 0.0% compare
- 60 Denmark 0.0% compare
- 60 Dominican Republic 0.0% compare
- 60 El Salvador 0.0% compare
- 60 Estonia 0.0% compare
- 60 Eswatini 0.0% compare
- 60 Finland 0.0% compare
- 60 France 0.0% compare
- 60 Gabon 0.0% compare
- 60 Gambia 0.0% compare
- 60 Germany 0.0% compare
- 60 Ghana 0.0% compare
- 60 Greece 0.0% compare
- 60 Guatemala 0.0% compare
- 60 Guinea 0.0% compare
- 60 Guinea-Bissau 0.0% compare
- 60 Honduras 0.0% compare
- 60 Hong Kong 0.0% compare
- 60 Hungary 0.0% compare
- 60 Iceland 0.0% compare
- 60 India 0.0% compare
- 60 Indonesia 0.0% compare
- 60 Italy 0.0% compare
- 60 Jamaica 0.0% compare
- 60 Japan 0.0% compare
- 60 Kazakhstan 0.0% compare
- 60 Kenya 0.0% compare
- 60 South Korea 0.0% compare
- 60 Latvia 0.0% compare
- 60 Lesotho 0.0% compare
- 60 Lithuania 0.0% compare
- 60 Macao 0.0% compare
- 60 Madagascar 0.0% compare
- 60 Malaysia 0.0% compare
- 60 Maldives 0.0% compare
- 60 Mali 0.0% compare
- 60 Mauritius 0.0% compare
- 60 Mongolia 0.0% compare
- 60 Montenegro 0.0% compare
- 60 Namibia 0.0% compare
- 60 Nepal 0.0% compare
- 60 Netherlands 0.0% compare
- 60 New Zealand 0.0% compare
- 60 Nicaragua 0.0% compare
- 60 Niger 0.0% compare
- 60 Nigeria 0.0% compare
- 60 North Macedonia 0.0% compare
- 60 Norway 0.0% compare
- 60 Oman 0.0% compare
- 60 Pakistan 0.0% compare
- 60 Panama 0.0% compare
- 60 Poland 0.0% compare
- 60 Portugal 0.0% compare
- 60 Qatar 0.0% compare
- 60 Romania 0.0% compare
- 60 Rwanda 0.0% compare
- 60 Saudi Arabia 0.0% compare
- 60 Senegal 0.0% compare
- 60 Sierra Leone 0.0% compare
- 60 Slovakia 0.0% compare
- 60 Slovenia 0.0% compare
- 60 Solomon Islands 0.0% compare
- 60 South Africa 0.0% compare
- 60 Spain 0.0% compare
- 60 Sweden 0.0% compare
- 60 Switzerland 0.0% compare
- 60 Tanzania 0.0% compare
- 60 Thailand 0.0% compare
- 60 Togo 0.0% compare
- 60 Turkey 0.0% compare
- 60 Uganda 0.0% compare
- 60 United Kingdom 0.0% compare
- 60 United States 0.0% compare
- 60 Vanuatu 0.0% compare
- 60 Zambia 0.0% compare
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Commercial service exports 90.93 billion current US$ (2025)
- Transport services 16.4% (2025)
- Computer, communications and other services 39.3% (2025)
Frequently asked questions
- What is binding coverage, primary products in Australia?
- Binding coverage, primary products in Australia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Australia?
- The highest recorded value was 99.2% in 2012.
- What is the lowest binding coverage, primary products recorded in Australia?
- The lowest recorded value was 0.0% in 2022.
- How does Australia rank for binding coverage, primary products?
- Australia ranks 60th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Australia?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Australia 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 — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).