Laos LA: Imports: Lead Time

Laos LA: Imports: Lead Time data was reported at 26.000 Day in 2014. This stayed constant from the previous number of 26.000 Day for 2013. Laos LA: Imports: Lead Time data is updated yearly, averaging 37.000 Day from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 65.000 Day in 2006 and a record low of 26.000 Day in 2014. Laos LA: Imports: Lead Time data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Trade Statistics. Time to import is the time necessary to comply with all procedures required to import goods. Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

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