Publish in Special Reports - Wednesday, November 6, 2013
Peru no longer has Latin America's lowest import costs for containers thanks to a strong increase the past year. (Photo: Peru Port Authority/APN)
Peru no longer the leader in low import costs for containers.
BY LATINVEX STAFF
The cost to export and import containers in Venezuela and Paraguay has skyrocketed the past year, according to a Latinvex analysis of data from The World Bank’s latest Doing Business report. Meanwhile, import costs grew substantially in Peru.
Overall, the average price to export containers in Latin America increased by 1.2 percent the past year, while the cost to import containers grew 4 percent.
Ten countries kept their export costs, while eight increased them and one – Costa Rica – actually saw a drop.
On the import side, only five countries maintained the same costs, but eight nations did see reduced costs and only six saw higher costs.
The cost measures the fees levied on a 20-foot container in U.S. dollars, including costs for documents, administrative fees for customs clearance and inspections, customs broker fees, port-related charges and inland transport costs. However, the cost does not include customs tariffs and duties or costs related to sea transport.
Brazil continues to have Latin America’s third-highest costs for exporting and importing containers, while Mexico has the region’s ...