Brazil vs South Korea: Bound rate, simple mean, primary products
Brazil
34.0%
in 2022
South Korea
33.5%
in 2021
Brazil rank
69th
South Korea rank
72nd
Bound rate, simple mean, primary products over time
- Brazil
- South Korea
How they compare
Brazil currently reports 34.0% against 33.5% in South Korea, a difference of 0.4%.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Brazil ahead.
Globally, Brazil ranks 69th and South Korea ranks 72nd 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).