Korea - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Korea was 184.72 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 184.72 in 2019 and 184.72 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 184.72
2015 184.72
2016 184.72
2017 184.72
2018 184.72
2019 184.72

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Korea was 11.10 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 11.10 in 2019 and 11.10 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 11.10
2015 11.10
2016 11.10
2017 11.10
2018 11.10
2019 11.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation