Time to export (days) in South Korea

South Korea: Time to export (days) was 8 DB06-15 methodology in 2014. ▼ Falling

Latest (2014)
8 DB06-15 methodology
Change on year
unchanged
World rank
166th
of 181 countries
All-time high
13 DB06-15 methodology
in 2005
All-time low
8 DB06-15 methodology
in 2011
Years of data
10
2005–2014

Time to export (days) in South Korea, 2005–2014

0510152005200920142005: 13 DB06-15 methodology2006: 13 DB06-15 methodology2007: 12 DB06-15 methodology2008: 9 DB06-15 methodology2009: 9 DB06-15 methodology2010: 9 DB06-15 methodology2011: 8 DB06-15 methodology2012: 8 DB06-15 methodology2013: 8 DB06-15 methodology2014: 8 DB06-15 methodology

Source: World Bank. Measured in DB06-15 methodology.

Analysis

The most recent figure for time to export (days) in South Korea is 8 DB06-15 methodology, measured in 2014. That is the lowest value across all 10 years on record.

Compared with earlier readings it is down 38.5% over ten years.

Over the whole period, time to export (days) in South Korea peaked at 13 DB06-15 methodology in 2005 and was at its lowest, 8 DB06-15 methodology, in 2011.

South Korea ranks 166th of 181 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.2 DB06-15 methodology 9 DB06-15 methodology 13 DB06-15 methodology 5
2010s 8.2 DB06-15 methodology 8 DB06-15 methodology 9 DB06-15 methodology 5

Countries ranked near South Korea

  1. 166 Canada 8 DB06-15 methodology compare
  2. 166 Dominican Republic 8 DB06-15 methodology compare
  3. 166 Ireland 8 DB06-15 methodology compare
  4. 166 Luxembourg 8 DB06-15 methodology compare
  5. 166 Norway 8 DB06-15 methodology compare
  6. 166 Switzerland 8 DB06-15 methodology compare
  7. 166 United Kingdom 8 DB06-15 methodology compare

See the full ranking of 183 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is time to export (days) in South Korea?
Time to export (days) in South Korea was 8 DB06-15 methodology in 2014, according to the World Bank.
What is the highest time to export (days) recorded in South Korea?
The highest recorded value was 13 DB06-15 methodology in 2005.
What is the lowest time to export (days) recorded in South Korea?
The lowest recorded value was 8 DB06-15 methodology in 2011.
How does South Korea rank for time to export (days)?
South Korea ranks 166th out of 181 countries with data for 2014.
Is time to export (days) rising or falling in South Korea?
Over the last ten years it is down 38.5%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Time to export (days) (DB06-15 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Time to export (days) (DB06-15 methodology)
Unit
DB06-15 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 1,813 data points, 2005–2014
Last refreshed

The time to export records the time associated with exporting a standardized cargo of goods by sea transport through 4 predefined stages: document preparation; customs clearance and inspections; inland transport and handling; and port and terminal handling. It is calculated in calendar days. The time calculation for each of the 4 predefined stages starts from the moment the stage is initiated and runs until it is completed. Fast-track procedures applying only to firms located in an export processing zone, or only to certain accredited firms under authorized economic operator programs, are not taken into account because they are not available to all trading companies. Sea transport time is not included. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing the process without delay. It is assumed that document preparation, inland transport and handling, customs clearance and inspections, and port and terminal handling require a minimum time of 1 day each and cannot take place simultaneously. The component indicator is computed based on the methodology in the DB06-15 studies.