IDA only - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in IDA only was 596.74 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 606.66 in 2015 and 587.47 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 587.47
2015 606.66
2016 599.14
2017 598.75
2018 596.74
2019 596.74

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in IDA only was 266.18 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 266.18 in 2019 and 263.05 in 2016.

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 263.83
2015 264.48
2016 263.05
2017 263.05
2018 263.05
2019 266.18

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation