IBRD only - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in IBRD only was 56.05 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 70.88 in 2014 and a minimum value of 56.05 in 2019.

Definition: Border compliance captures the time and cost associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the shipment to cross the economy’s border, as well as the time and cost for handling that takes place at its port or border. The time and cost for this segment include time and cost for customs clearance and inspection procedures conducted by other government agencies.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2014 70.88
2015 69.69
2016 70.86
2017 66.90
2018 59.97
2019 56.05

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in IBRD only was 46.30 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 79.01 in 2014 and a minimum value of 46.30 in 2019.

Definition: Documentary compliance captures the time and cost associated with compliance with the documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. The aim is to measure the total burden of preparing the bundle of documents that will enable completion of the international trade for the product and partner pair assumed in the case study.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2014 79.01
2015 77.91
2016 74.37
2017 72.19
2018 63.86
2019 46.30

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation