European Union - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in European Union was 30.30 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 30.30 in 2019 and 30.30 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 30.30
2015 30.30
2016 30.30
2017 30.30
2018 30.30
2019 30.30

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in European Union was 4.63 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 4.63 in 2019 and 4.63 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 4.63
2015 4.63
2016 4.63
2017 4.63
2018 4.63
2019 4.63

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation