South Asia - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in South Asia was 472.92 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 522.18 in 2015 and 472.92 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 522.18
2015 522.18
2016 513.99
2017 507.56
2018 481.03
2019 472.92

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in South Asia was 261.65 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 273.58 in 2015 and 261.65 in 2018.

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 273.58
2015 273.58
2016 272.35
2017 266.01
2018 261.65
2019 261.65

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation