IDA blend - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in IDA blend was 788.28 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 788.28 in 2019 and 778.28 in 2017.

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 779.65
2015 779.65
2016 779.65
2017 778.28
2018 778.28
2019 788.28

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in IDA blend was 202.02 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 208.73 in 2016 and 202.02 in 2019.

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 208.73
2015 208.73
2016 208.73
2017 205.35
2018 205.35
2019 202.02

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation