IDA total - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in IDA total was 637.21 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 643.21 in 2015 and 628.65 in 2014.

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 628.65
2015 643.21
2016 637.28
2017 636.68
2018 635.09
2019 637.21

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in IDA total was 252.62 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 252.70 in 2015 and 250.86 in 2017.

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 252.03
2015 252.70
2016 251.58
2017 250.86
2018 250.86
2019 252.62

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation