Sri Lanka - Cost to import

Cost to import, border compliance (US$)

The latest value for Cost to import, border compliance (US$) in Sri Lanka was 299.67 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 299.67 in 2019 and 299.67 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 299.67
2015 299.67
2016 299.67
2017 299.67
2018 299.67
2019 299.67

Cost to import, documentary compliance (US$)

The latest value for Cost to import, documentary compliance (US$) in Sri Lanka was 282.78 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 282.78 in 2019 and 282.78 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 282.78
2015 282.78
2016 282.78
2017 282.78
2018 282.78
2019 282.78

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation