COMCEC Trade Outlook 2016
35
Figure 39: Trading Across Borders (Border/Documentary Compliance Times)
Source: World Bank
Note: The documentary compliance time data is not available for Jordan.
According to OECD (2010), IMF (2010) and Teravaninthorn and Raballand (2009), restricted
logistics services, lack of adequate infrastructure, inefficiency of the ports are major problems
of transport which lead to high transport costs. Another Index, namely Logistics Performance
Index (LPI), developed by the World Bank measures the efficiency of logistics sector in more
than 150 countries. The LPI was conducted in 2007, 2010, 2012, 2014 and 2016. Tables 8 and 9
illustrate the OIC Member States with the highest and lowest LPI scores for the last three
periods. The figures illustrate that countries with more liberal trade policies performed better
than the other member states.