Caribbean small states - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in Caribbean small states was 53.97 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 62.67 in 2014 and a minimum value of 53.97 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 62.67
2015 57.13
2016 57.13
2017 57.13
2018 57.13
2019 53.97

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in Caribbean small states was 41.17 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 54.51 in 2014 and a minimum value of 41.17 in 2017.

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 54.51
2015 48.97
2016 42.40
2017 41.17
2018 41.17
2019 41.17

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation