Australia vs Canada: Bound rate, simple mean, primary products
Australia
2.4%
in 2021
Canada
2.7%
in 2021
Australia rank
153rd
Canada rank
152nd
Bound rate, simple mean, primary products over time
- Australia
- Canada
How they compare
Canada currently reports 2.7% against 2.4% in Australia, a difference of 0.4%.
That makes Canada's figure about 1.2 times Australia's.
Across all 26 years both countries report, Canada has been ahead every year.
Globally, Australia ranks 153rd and Canada ranks 152nd of 157 countries.
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).