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COMCEC Trade Outlook 2018

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Figures 55 and 56 illustrate border and documentary compliance costs and times for the lowest

and highest ranked OIC member states according to the distance to frontier scores for trading

across borders

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. The figures reveals that the cost and times for trade substantially vary among

the OIC Member States. For instance, while in Albania, ranking first in trading across borders

amongst the OIC, the cost of border compliance in exporting is 55 dollars, it goes up to 983

dollars in Cameroon. On the other hand, in terms of border compliance times in exporting, it

takes 9 hours for border compliance in Albania while it takes 8 days and ten hours in Cameroon.

Reducing trade costs in the OIC member states is important to gain access and to be more

competitive in the international markets and attract foreign direct investments.

Figure 55: Trading Across Borders (Border / Documentary Compliance Costs)

Source: World Bank Doing Business Data

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The distance to frontier score shows how far on average an economy is from the best performance achieved by any

economy on WB-Trading Across Borders indicator.

0

500 1000 1500 2000

Egypt

Pakistan

Chad

Bangladesh

Afghanistan

Iraq

Algeria

Nigeria

Sudan

Cameroon

Documentary Compliance Costs for the

Lowest Ranked Members

Cost to import (USD)

Cost to export (USD)

0

100

200

300

400

Azerbaijan

Suriname

Bahrain

Oman

Turkey

Morocco

Malaysia

Jordan

Palestine

Albania

Documentary Compliance Costs for the

Highest Ranked Members

Cost to import (USD)

Cost to export (USD)

0

500

1000

1500

Egypt

Pakistan

Chad

Bangladesh

Afghanistan

Iraq

Algeria

Nigeria

Sudan

Cameroon

Border Compliance Costs for the Lowest

Ranked Members

Cost to import (USD)

Cost to export (USD)

0

200

400

600

800

Azerbaijan

Suriname

Bahrain

Oman

Turkey

Morocco

Malaysia

Jordan

Palestine

Albania

Border Compliance Costs for the Highest

Ranked Members

Cost to import (USD)

Cost to export (USD)