Grenada - Lead time to export
Time to export (days)
Time to export (days) in Grenada was 9.00 as of 2014. Its highest value over the past 9 years was 19.00 in 2007, while its lowest value was 9.00 in 2012.
Definition: Time to export is the time necessary to comply with all procedures required to export goods. Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
Sub-Topic: Trade facilitation