China - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in China was 241.25 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 745.00 in 2017 and 241.25 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 745.00
2015 745.00
2016 745.00
2017 745.00
2018 326.00
2019 241.25

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in China was 77.25 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 125.89 in 2017 and 77.25 in 2018.

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 125.89
2015 125.89
2016 125.89
2017 125.89
2018 77.25
2019 77.25

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation