Previous Page  81 / 252 Next Page
Information
Show Menu
Previous Page 81 / 252 Next Page
Page Background

Improving Customs Transit Systems

In the Islamic Countries

67

anticipation of the information provided by the system. This will allow for more precise ex-ante

and ex-post controls, also supporting transparency and predictability at the borders.

Furthermore, it supports regional integration, overcoming current border bottlenecks and

promotes the spirit of cooperation among participating countries and the free movement of

goods in the region, encouraging inter-institutional cooperation with harmonized processes and

documents and shared infrastructure.

2.2.2.8

Before and after the TIM

The reduction in goods delivery costs has changed the modus operandi with a 27% reduction in

these costs and led to an increase in exports; their value is rising to 5.1 billion USD dollars in

2015. 45% of these exports were destined for countries in the region.

The TIM-led modernization process has impacted the growth rate of exports subject to this

regime, which has been 2.7%higher than for exports subject to standard transit procedures. The

TIM has also led to an increase in firms' exports, which is clear from the number of shipments

made. More specifically, in 2015, approximately 2,300 exporters made more than 400,000

shipments to sell 3,277 products to almost 9,300 buyers. One of the findings worth highlighting

is that the benefits recorded have been heterogeneous across exports, with perishable goods

having benefited more from transit facilitation than others. 26% of total export value and 28%

of export transactions were channeled through the TIM in 2013

68

.

Figure 12: TIM users (transport companies) statistics

Source: Authors’ own compilation

68

Economic Intelligence Directorate (SIECA) - TIM statistical data

1749

4262

2862

1961

3102

2547

0

500

1000

1500

2000

2500

3000

3500

4000

4500

Costa Rica El Salvador Guatemala Honduras Nicaragua Panama

TIM users (transport companies)