Binding coverage, primary products in Colombia
Colombia: Binding coverage, primary products was 99.9% in 2022. ▬ Flat
Binding coverage, primary products in Colombia, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Colombia stood at 99.9%. That is the lowest value across all 28 years on record.
The figure is down 0.1% over ten years.
Over the whole period, binding coverage, primary products in Colombia peaked at 100.0% in 1995 and was at its lowest, 99.9%, in 2019.
That places Colombia 6th out of 158 countries with data for 2022, putting it in the top 10%.
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 | 99.9% | 99.9% | 99.9% | 3 |
Countries ranked near Colombia
- 6 Angola 99.9% compare
- 6 Argentina 99.9% compare
- 6 Armenia 99.9% compare
- 6 Bolivia 99.9% compare
- 6 Brazil 99.9% compare
- 6 Chile 99.9% compare
- 6 Georgia 99.9% compare
- 6 Guyana 99.9% compare
- 6 Laos 99.9% compare
- 6 Mexico 99.9% compare
- 6 Moldova 99.9% compare
- 6 Morocco 99.9% compare
- 6 Papua New Guinea 99.9% compare
- 6 Paraguay 99.9% compare
- 6 Peru 99.9% compare
- 6 Russia 99.9% compare
- 6 Seychelles 99.9% compare
- 6 Tonga 99.9% compare
- 6 Ukraine 99.9% compare
- 6 United Arab Emirates 99.9% compare
- 6 Uruguay 99.9% compare
More private sector data for Colombia
- Merchandise exports 50.09 billion current US$ (2025)
- Manufactures exports 21.4% (2024)
- Food exports 18.1% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Manufactures imports 72.9% (2024)
- Food imports 13.7% (2024)
- Merchandise trade 26.4% (2025)
- Commercial service exports 19.37 billion current US$ (2025)
- Transport services 24.5% (2025)
- Computer, communications and other services 32.5% (2025)
Frequently asked questions
- What is binding coverage, primary products in Colombia?
- Binding coverage, primary products in Colombia was 99.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Colombia?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, primary products recorded in Colombia?
- The lowest recorded value was 99.9% in 2019.
- How does Colombia rank for binding coverage, primary products?
- Colombia ranks 6th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Colombia?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Colombia 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).