Hong Kong, China vs Korea: Time to import: Documentary compliance (hours)
Time to import: Documentary compliance (hours) over time
- Hong Kong, China
- Korea
How they compare
Hong Kong, China currently reports 1.32 DB16-20 methodology against 1 DB16-20 methodology in Korea, a difference of 0.32 DB16-20 methodology.
That makes Hong Kong, China's figure about 1.3 times Korea's.
Across all 6 years both countries report, Hong Kong, China has been ahead every year.
Hong Kong, China ranks 158th and Korea ranks 159th of 188 countries.
Hong Kong, China has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher time to import: documentary compliance (hours), Hong Kong, China or Korea?
- Hong Kong, China, at 1.32 DB16-20 methodology against 1 DB16-20 methodology in Korea as of 2019.
- What is the difference in time to import: documentary compliance (hours) between Hong Kong, China and Korea?
- 0.32 DB16-20 methodology, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Korea?
- 6 years are reported by both, from 2014 to 2019.
- How do Hong Kong, China and Korea rank globally for time to import: documentary compliance (hours)?
- Hong Kong, China ranks 158th and Korea ranks 159th of 188 countries.
- Where does this data come from?
- The World Bank, published as Time to import: Documentary compliance (hours) (DB16-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The time for documentary compliance to import records the time associated with compliance with the import documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. It is calculated in hours. It includes the time for obtaining documents, preparing documents, processing documents, presenting documents and submitting documents. All electronic or paper submissions of information requested by any government agency in connection with the shipment are considered to be documents obtained, prepared and submitted during the import process. All documents prepared by the freight forwarder or customs broker for the product and partner pair assumed in the case study are included regardless of whether they are required by law or in practice. The component indicator is computed based on the methodology in the DB16-20 studies.