Lao PDR - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in Lao PDR was 10.50 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 13.50 in 2017 and a minimum value of 10.50 in 2018.

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 13.50
2015 13.50
2016 13.50
2017 13.50
2018 10.50
2019 10.50

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in Lao PDR was 60.00 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 60.00 in 2019 and a minimum value of 60.00 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 60.00
2015 60.00
2016 60.00
2017 60.00
2018 60.00
2019 60.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation