High income - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in High income was 22.87 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 30.17 in 2014 and a minimum value of 22.87 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 30.17
2015 27.89
2016 27.86
2017 27.46
2018 26.80
2019 22.87

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in High income was 15.50 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 21.22 in 2014 and a minimum value of 15.50 in 2019.

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 21.22
2015 20.40
2016 18.75
2017 18.17
2018 16.92
2019 15.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation