Marshall Islands Trade Statistics
Marshall Islands MH: Export: Cost: Border Compliance
MH: Export: Cost: Border Compliance data was reported at 220.000 USD in 2017. This stayed constant from the previous number of 220.000 USD for 2016. MH: Export: Cost: Border Compliance data is updated yearly, averaging 220.000 USD from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 220.000 USD in 2017 and a record low of 220.000 USD in 2017. MH: Export: Cost: Border Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Insurance cost and informal payments for which no receipt is issued are excluded from the costs recorded. Costs are reported in U.S. dollars. Contributors are asked to convert local currency into U.S. dollars based on the exchange rate prevailing on the day they answer the questionnaire. Contributors are private sector experts in international trade logistics and are informed about exchange rates and their movements. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 220.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Export: Cost: Border Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Export: Cost: Documentary Compliance
MH: Export: Cost: Documentary Compliance data was reported at 20.000 USD in 2017. This stayed constant from the previous number of 20.000 USD for 2016. MH: Export: Cost: Documentary Compliance data is updated yearly, averaging 20.000 USD from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 20.000 USD in 2017 and a record low of 20.000 USD in 2017. MH: Export: Cost: Documentary Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Insurance cost and informal payments for which no receipt is issued are excluded from the costs recorded. Costs are reported in U.S. dollars. Contributors are asked to convert local currency into U.S. dollars based on the exchange rate prevailing on the day they answer the questionnaire. Contributors are private sector experts in international trade logistics and are informed about exchange rates and their movements. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 20.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Export: Cost: Documentary Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Exports: Lead Time
MH: Exports: Lead Time data was reported at 23.000 Day in 2014. This stayed constant from the previous number of 23.000 Day for 2013. MH: Exports: Lead Time data is updated yearly, averaging 23.000 Day from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 23.000 Day in 2014 and a record low of 23.000 Day in 2014. MH: Exports: Lead Time data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank.WDI: Trade Statistics. Time to export is the time necessary to comply with all procedures required to export goods. Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 23.00 2014 | yearly | 2005 - 2014 |
View Marshall Islands's Marshall Islands MH: Exports: Lead Time from 2005 to 2014 in the chart:
Marshall Islands MH: Exports: Lead Time: Border Compliance
MH: Exports: Lead Time: Border Compliance data was reported at 60.000 Hour in 2017. This stayed constant from the previous number of 60.000 Hour for 2016. MH: Exports: Lead Time: Border Compliance data is updated yearly, averaging 60.000 Hour from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 60.000 Hour in 2017 and a record low of 60.000 Hour in 2017. MH: Exports: Lead Time: Border Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as 22 × 24 = 528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively, suppose that documents are submitted to a customs agency at 8:00 a.m., are processed overnight and can be picked up at 8:00 a.m. the next day. In this case the time for customs clearance would be recorded as 24 hours because the actual procedure took 24 hours. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 60.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Exports: Lead Time: Border Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Exports: Lead Time: Documentary Compliance
MH: Exports: Lead Time: Documentary Compliance data was reported at 24.000 Hour in 2017. This stayed constant from the previous number of 24.000 Hour for 2016. MH: Exports: Lead Time: Documentary Compliance data is updated yearly, averaging 24.000 Hour from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 24.000 Hour in 2017 and a record low of 24.000 Hour in 2017. MH: Exports: Lead Time: Documentary Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank.WDI: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as 22 × 24 = 528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively, suppose that documents are submitted to a customs agency at 8:00 a.m., are processed overnight and can be picked up at 8:00 a.m. the next day. In this case the time for customs clearance would be recorded as 24 hours because the actual procedure took 24 hours. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 24.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Exports: Lead Time: Documentary Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Exports: Number of Documents
MH: Exports: Number of Documents data was reported at 5.000 Number in 2014. This stayed constant from the previous number of 5.000 Number for 2013. MH: Exports: Number of Documents data is updated yearly, averaging 5.000 Number from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 5.000 Number in 2014 and a record low of 5.000 Number in 2014. MH: Exports: Number of Documents data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. All documents required per shipment to export goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 5.00 2014 | yearly | 2005 - 2014 |
View Marshall Islands's Marshall Islands MH: Exports: Number of Documents from 2005 to 2014 in the chart:
Marshall Islands MH: Goods Trade: % of GDP
MH: Goods Trade: % of GDP data was reported at 92.779 % in 2017. This records a decrease from the previous number of 102.315 % for 2016. MH: Goods Trade: % of GDP data is updated yearly, averaging 81.862 % from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 133.248 % in 2012 and a record low of 57.553 % in 2000. MH: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 98.72 2016 | yearly | 1994 - 2016 |
View Marshall Islands's Marshall Islands MH: Goods Trade: % of GDP from 1994 to 2016 in the chart:
Marshall Islands MH: Import: Cost: Border Compliance
MH: Import: Cost: Border Compliance data was reported at 220.000 USD in 2017. This stayed constant from the previous number of 220.000 USD for 2016. MH: Import: Cost: Border Compliance data is updated yearly, averaging 220.000 USD from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 220.000 USD in 2017 and a record low of 220.000 USD in 2017. MH: Import: Cost: Border Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank.WDI: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Insurance cost and informal payments for which no receipt is issued are excluded from the costs recorded. Costs are reported in U.S. dollars. Contributors are asked to convert local currency into U.S. dollars based on the exchange rate prevailing on the day they answer the questionnaire. Contributors are private sector experts in international trade logistics and are informed about exchange rates and their movements. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 220.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Import: Cost: Border Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Import: Cost: Documentary Compliance
MH: Import: Cost: Documentary Compliance data was reported at 43.000 USD in 2017. This stayed constant from the previous number of 43.000 USD for 2016. MH: Import: Cost: Documentary Compliance data is updated yearly, averaging 43.000 USD from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 43.000 USD in 2017 and a record low of 43.000 USD in 2017. MH: Import: Cost: Documentary Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Insurance cost and informal payments for which no receipt is issued are excluded from the costs recorded. Costs are reported in U.S. dollars. Contributors are asked to convert local currency into U.S. dollars based on the exchange rate prevailing on the day they answer the questionnaire. Contributors are private sector experts in international trade logistics and are informed about exchange rates and their movements. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 43.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Import: Cost: Documentary Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Imports: Lead Time
MH: Imports: Lead Time data was reported at 25.000 Day in 2014. This stayed constant from the previous number of 25.000 Day for 2013. MH: Imports: Lead Time data is updated yearly, averaging 25.000 Day from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 25.000 Day in 2014 and a record low of 25.000 Day in 2014. MH: Imports: Lead Time data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. Time to import is the time necessary to comply with all procedures required to import goods. Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 25.00 2014 | yearly | 2005 - 2014 |
View Marshall Islands's Marshall Islands MH: Imports: Lead Time from 2005 to 2014 in the chart:
Marshall Islands MH: Imports: Lead Time: Border Compliance
MH: Imports: Lead Time: Border Compliance data was reported at 84.000 Hour in 2017. This stayed constant from the previous number of 84.000 Hour for 2016. MH: Imports: Lead Time: Border Compliance data is updated yearly, averaging 84.000 Hour from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 84.000 Hour in 2017 and a record low of 84.000 Hour in 2017. MH: Imports: Lead Time: Border Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as 22 × 24 = 528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively, suppose that documents are submitted to a customs agency at 8:00 a.m., are processed overnight and can be picked up at 8:00 a.m. the next day. In this case the time for customs clearance would be recorded as 24 hours because the actual procedure took 24 hours. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 84.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Imports: Lead Time: Border Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Imports: Lead Time: Documentary Compliance
MH: Imports: Lead Time: Documentary Compliance data was reported at 60.000 Hour in 2017. This stayed constant from the previous number of 60.000 Hour for 2016. MH: Imports: Lead Time: Documentary Compliance data is updated yearly, averaging 60.000 Hour from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 60.000 Hour in 2017 and a record low of 60.000 Hour in 2017. MH: Imports: Lead Time: Documentary Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as 22 × 24 = 528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively, suppose that documents are submitted to a customs agency at 8:00 a.m., are processed overnight and can be picked up at 8:00 a.m. the next day. In this case the time for customs clearance would be recorded as 24 hours because the actual procedure took 24 hours. Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 60.00 2017 | yearly | 2014 - 2017 |
View Marshall Islands's Marshall Islands MH: Imports: Lead Time: Documentary Compliance from 2014 to 2017 in the chart:
Marshall Islands MH: Imports: Number of Documents
MH: Imports: Number of Documents data was reported at 5.000 Number in 2014. This stayed constant from the previous number of 5.000 Number for 2013. MH: Imports: Number of Documents data is updated yearly, averaging 5.000 Number from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 5.000 Number in 2014 and a record low of 5.000 Number in 2014. MH: Imports: Number of Documents data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Trade Statistics. All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 5.00 2014 | yearly | 2005 - 2014 |