Grenada - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in Grenada was 1,256 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 1,606 in 2015 and 1,256 in 2016.

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 1,606
2015 1,606
2016 1,256
2017 1,256
2018 1,256
2019 1,256

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in Grenada was 50.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 50.00 in 2019 and 50.00 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 50.00
2015 50.00
2016 50.00
2017 50.00
2018 50.00
2019 50.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation