Cuba vs South Korea: Bound rate, simple mean, primary products

Cuba
33.9%
in 2022
South Korea
33.5%
in 2021
Cuba rank
70th
South Korea rank
72nd

Bound rate, simple mean, primary products over time

  • Cuba
  • South Korea
010203040199520082022

How they compare

Cuba currently reports 33.9% against 33.5% in South Korea, a difference of 0.4%.

The two have swapped places 1 time across 23 shared years of data; in 1996 it was South Korea ahead.

Globally, Cuba ranks 70th and South Korea ranks 72nd of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, primary products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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).