South Korea vs Nepal: Bound rate, simple mean, primary products
South Korea
33.5%
in 2021
Nepal
32.9%
in 2021
South Korea rank
72nd
Nepal rank
75th
Bound rate, simple mean, primary products over time
- South Korea
- Nepal
How they compare
South Korea currently reports 33.5% against 32.9% in Nepal, a difference of 0.6%.
Across all 16 years both countries report, South Korea has been ahead every year.
Globally, South Korea ranks 72nd and Nepal ranks 75th 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).