Dataset

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2. World Bank Indicators
3. Time to import: Border compliance (hours) (DB16-20 methodology)

Time to import: Border compliance (hours) (DB16-20 methodology)

The time for border compliance to import records the time associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the import shipment to cross the economy’s border, as well as the time and cost for handling that takes place at its port or border. It is calculate in hours. The time for this segment includes time for customs clearance and inspection procedures conducted by other agencies. If all customs clearance and other inspections take place at the port or border at the same time, the time estimate for border compliance takes this simultaneity into account. The component indicator is computed based on the methodology in the DB16-20 studies.