OECD members - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in OECD members was 128.36 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 131.27 in 2017 and 126.25 in 2018.

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 130.75
2015 130.75
2016 131.27
2017 131.27
2018 126.25
2019 128.36

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in OECD members was 28.38 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 28.38 in 2019 and 28.38 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 28.38
2015 28.38
2016 28.38
2017 28.38
2018 28.38
2019 28.38

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation