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Caribbean small states - Cost to export

Cost to export, border compliance (US$)

The latest value for Cost to export, border compliance (US$) in Caribbean small states was 585.85 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 585.85 in 2019 and 563.93 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	563.93
2015	563.93
2016	578.93
2017	578.93
2018	578.93
2019	585.85

Cost to export, documentary compliance (US$)

The latest value for Cost to export, documentary compliance (US$) in Caribbean small states was 125.24 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 125.24 in 2019 and 124.61 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	124.61
2015	124.61
2016	124.61
2017	124.61
2018	124.61
2019	125.24

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation