India score 90.32% in United Nation’s Global Survey on Digital and Sustainable Trade Facilitation
- India has scored 90.32 percent in 2021 UN Global Survey on Digital and Sustainable Trade Facilitation. India’s score was 78.49 percent in 2019.
- The survey reveals that India has made significant improvement in the scores on all 5 key indicators, as follows:
- Transparency: 100% in 2021 (93.33% in 2019),
- Formalities: 95.83% in 2021 (87.5% in 2019),
- Institutional Arrangement and Cooperation: 88.89% in 2021 (66.67% in 2019),
- Paperless Trade: 96.3% in 2021 (81.48% in 2019) and
- Cross-Border Paperless Trade: 66.67% in 2021 (55.56% in 2019)
- The overall score of India is found to be greater than many OECD countries including France, UK, Canada, Norway, Finland.
- India is the best performing country when compared to South and South West Asia region (63.12%) and Asia Pacific region (65.85%).
- The overall score of India is even greater than the average score of EU
About the survey
- The survey is conducted by United Nation’s Economic and Social Commission for Asia Pacific (UNESCAP) every two years since 2015 to help countries benchmark and reduce the time and cost of trading across border, as well as helps businesses in their investment decisions..
- The survey evaluates 143 economies on 58 trade facilitation measures covered by the WTO’s Trade Facilitation Agreement and 5 key indicators which are Transparency, Formalities, Institutional Arrangement and Cooperation, Paperless Trade, and Cross-Border Paperless Trade.