Binding coverage, primary products in European Union
European Union: Binding coverage, primary products was 0.0% in 2022. ▼ Falling
Binding coverage, primary products in European Union, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, primary 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, primary 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% | 99.9% | 100.0% | 10 |
| 2020s | 66.6% | 0.0% | 99.9% | 3 |
Countries ranked near European Union
- 1 Democratic Republic of Congo 100.0% compare
- 1 Grenada 100.0% compare
- 1 Tajikistan 100.0% compare
- 1 Trinidad and Tobago 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, primary products in European Union?
- Binding coverage, primary products in European Union was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in European Union?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, primary products recorded in European Union?
- The lowest recorded value was 0.0% in 2022.
- How does European Union rank for binding coverage, primary products?
- European Union ranks 1st out of 1 groups with data for 2022.
- Is binding coverage, primary 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, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 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).