Barbados - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Barbados was 486.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 486.00 in 2019 and 486.00 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 486.00
2015 486.00
2016 486.00
2017 486.00
2018 486.00
2019 486.00

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Barbados was 117.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 117.00 in 2019 and 108.85 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 108.85
2015 108.85
2016 108.85
2017 108.85
2018 108.85
2019 117.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation