Colombia - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Colombia was 630.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 630.00 in 2019 and 630.00 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 630.00
2015 630.00
2016 630.00
2017 630.00
2018 630.00
2019 630.00

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Colombia was 90.00 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 90.00 in 2019 and 90.00 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 90.00
2015 90.00
2016 90.00
2017 90.00
2018 90.00
2019 90.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation