Trade Facilitation and Paperless Trade in Singapore

Singapore

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2015Trade facilitation score of 88.17%
Transparency: 100%; Formalities: 87.5%; Institutional Arrangement and Cooperation: 88.89%; Paperless Trade: 100%; Cross-Border Paperless Trade: 61.11%.
Transparency
Publication of existing import-export regulations on the internet Fully implemented
Stakeholders` consultation on new draft regulations (prior to their finalization) Fully implemented
Advance publication/notification of new regulations before their implementation Fully implemented
Advance ruling (on tariff classification) Fully implemented
Independent appeal mechanism Fully implemented
Formalities
Risk management Fully implemented
Pre-arrival processing Fully implemented
Post-clearance audit Fully implemented
Separation of Release from final determination of customs duties, taxes, fees and charges Fully implemented
Establishment and publication of average release times Not implemented
Trade facilitation measures for authorized operators Fully implemented
Expedited shipments Fully implemented
Acceptance of paper or electronic copies of supporting documents required for import, export or transit formalities Fully implemented
Institutional Arrangement and Cooperation
National Trade Facilitation Committee Partially implemented
National legislative framework and institutional arrangement are available to ensure border agencies to cooperate with each other Fully implemented
Government agencies delegating controls to Customs authorities Fully implemented
Alignment of working days and hours with neighbouring countries at border crossings* Partially implemented
Alignment of formalities and procedures with neighbouring countries at border crossings* Partially implemented
Paperless Trade
Electronic/automated Customs System Fully implemented
Internet connection available to Customs and other trade control agencies at border-crossings Fully implemented
Electronic Single Window System Fully implemented
Electronic submission of Customs declarations Fully implemented
Electronic Application and Issuance of import and export permit, if such permit is required Fully implemented
Electronic Submission of Sea Cargo Manifests* Fully implemented
Electronic Submission of Air Cargo Manifests Fully implemented
Electronic Application and Issuance of Preferential Certificate of Origin Fully implemented
E-Payment of Customs Duties and Fees Fully implemented
Electronic Application for Customs Refunds Fully implemented
Cross-Border Paperless Trade
Laws and regulations for electronic transactions Fully implemented
Recognised certification authority Fully implemented
Engagement in trade-related cross-border electronic data exchange Planning stage
Electronic exchange of Certificate of Origin Planning stage
Electronic exchange of Sanitary & Phyto-Sanitary Certificate Planning stage
Traders in your country apply for letters of credit electronically from banks or insurers without lodging paper-based documents Partially implemented
Transit Facilitation
Transit facilitation agreement(s) with neighbouring country(ies)* Partially implemented
Customs Authorities limit the physical inspections of transit goods and use risk assessment* Fully implemented
Supporting pre-arrival processing for transit facilitation* Fully implemented
Cooperation between agencies of countries involved in transit* Fully implemented

*) Not included in calculation of the trade facilitation score.

Compare Singapore to other economies or groupings
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