Panama - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Panama was 270.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 270.00 in 2019 and 270.00 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 270.00
2015 270.00
2016 270.00
2017 270.00
2018 270.00
2019 270.00

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Panama was 60.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 60.00 in 2019 and 60.00 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 60.00
2015 60.00
2016 60.00
2017 60.00
2018 60.00
2019 60.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation