Republic of Korea vs United States: Trading across borders: Cost to export: Border compliance (USD)
Trading across borders: Cost to export: Border compliance (USD) over time
- Republic of Korea
- United States
How they compare
Republic of Korea currently reports 184.72 DB16-20 methodology against 175 DB16-20 methodology in United States, a difference of 9.72 DB16-20 methodology.
That makes Republic of Korea's figure about 1.1 times United States's.
Across all 6 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 130th and United States ranks 132nd of 188 countries.
Republic of Korea has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher trading across borders: cost to export: border compliance (usd), Republic of Korea or United States?
- Republic of Korea, at 184.72 DB16-20 methodology against 175 DB16-20 methodology in United States as of 2019.
- What is the difference in trading across borders: cost to export: border compliance (usd) between Republic of Korea and United States?
- 9.72 DB16-20 methodology, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and United States?
- 6 years are reported by both, from 2014 to 2019.
- How do Republic of Korea and United States rank globally for trading across borders: cost to export: border compliance (usd)?
- Republic of Korea ranks 130th and United States ranks 132nd of 188 countries.
- Where does this data come from?
- The World Bank, published as Trading across borders: Cost to export: Border compliance (USD) (DB16-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost for border compliance to export records the cost associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the export 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 calculated in US dollars. The cost for this segment include the cost for customs clearance and inspection procedures conducted by other agencies. For example, the cost for conducting a phytosanitary inspection would be included here. Informal payments for which no receipt is issued are excluded from the costs recorded. The component indicator is computed based on the methodology in the DB16-20 studies.