Caribbean small states - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Caribbean small states was 585.85 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 585.85 in 2019 and 563.93 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 563.93
2015 563.93
2016 578.93
2017 578.93
2018 578.93
2019 585.85

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Caribbean small states was 125.24 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 125.24 in 2019 and 124.61 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 124.61
2015 124.61
2016 124.61
2017 124.61
2018 124.61
2019 125.24

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation