St. Lucia - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in St. Lucia was 842.05 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 842.05 in 2019 and 842.05 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 842.05
2015 842.05
2016 842.05
2017 842.05
2018 842.05
2019 842.05

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in St. Lucia was 97.50 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 97.50 in 2019 and 97.50 in 2014.

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 97.50
2015 97.50
2016 97.50
2017 97.50
2018 97.50
2019 97.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation