India - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in India was 266.11 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 574.04 in 2016 and 266.11 in 2019.

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 574.04
2015 574.04
2016 574.04
2017 543.21
2018 330.99
2019 266.11

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in India was 100.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 144.71 in 2015 and 100.00 in 2018.

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 144.71
2015 144.71
2016 134.83
2017 134.83
2018 100.00
2019 100.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation