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Other small states - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in Other small states was 437.34 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 437.34 in 2019 and 425.70 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/).

Year	Value
2014	425.70
2015	430.89
2016	437.34
2017	437.34
2018	437.34
2019	437.34

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in Other small states was 98.77 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 98.77 in 2019 and 98.77 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/).

Year	Value
2014	98.77
2015	98.77
2016	98.77
2017	98.77
2018	98.77
2019	98.77

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation