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Marshall Islands

Marshall Islands Imports Stats

Definitions

  • Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Import growth in USD: Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's import value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the import value indexes are derived from import volume indexes (line 73) and corresponding unit value indexes of imports (line 75) in the IMF's International Financial Statistics."
  • Import procedure fees > US$ per container: Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded."
  • Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
STAT AMOUNT DATE RANK HISTORY
Documents to import > Number 5 2013 142nd out of 188
Import growth in USD 164.46 2009 118th out of 152
Import procedure fees > US$ per container $945.00 2009 129th out of 172
Imports of goods and services 226.95 million 2012 193th out of 203
Per $ GDP $0.49 per $1 of GDP 2000 5th out of 11

SOURCES: World Bank, Doing Business project (http://www.doingbusiness.org/).; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; United Nations Statistics Division. Source tables; CIA World Factbooks 18 December 2003 to 28 March 2011

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