Trinidad and Tobago - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in Trinidad and Tobago was 635.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 635.00 in 2019 and 635.00 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 635.00
2015 635.00
2016 635.00
2017 635.00
2018 635.00
2019 635.00

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in Trinidad and Tobago was 250.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 250.00 in 2019 and 250.00 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 250.00
2015 250.00
2016 250.00
2017 250.00
2018 250.00
2019 250.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation