COMCEC Trade Outlook 2018
43
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
26
. 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
26
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)