Average time to clear exports through customs (days)

This metric represents the mean duration required for direct exports to navigate through customs procedures, providing vital insight into the efficiency and effectiveness of a nation's trade facilitation processes. By assessing the average time taken to clear goods for export, businesses can better understand potential delays and bottlenecks that may affect their supply chains. This indicator not only affects operational timelines but also influences logistics costs, market competitiveness, and customer satisfaction. A shorter clearance time generally reflects a streamlined customs process and effective regulatory frameworks, while longer wait times may signal the need for policy adjustments or improvements in customs operations, ultimately impacting international trade relations and economic growth. Source: