Heavily indebted poor countries (HIPC) - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in Heavily indebted poor countries (HIPC) was 687.93 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 705.49 in 2015 and 679.64 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 679.64
2015 705.49
2016 691.14
2017 690.56
2018 687.93
2019 687.93

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in Heavily indebted poor countries (HIPC) was 320.21 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 320.76 in 2014 and 315.61 in 2016.

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 320.76
2015 320.21
2016 315.61
2017 315.61
2018 315.61
2019 320.21

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation