India betters UN trade facilitation survey score

July 25, 2021

India scored 90.32% in UN’s Economic and Social Commission for Asia Pacific’s (UNESCAP) latest Global Survey on Digital and Sustainable Trade Facilitation. The Survey hails this as a remarkable jump from 78.49% in 2019.

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India has achieved a 100% score for the Transparency index and 66% in the “Women in trade” component.

India is the best performing country when compared to South and South West Asia region (63.12%) and Asia Pacific region (65.85%).

After evaluation of 143 economies, the 2021 Survey has highlighted India’s significant improvement in the scores on all 5 key indicators, as follows:

Transparency:100% in 2021 (from 93.33% in 2019)
Formalities: 95.83% in 2021 (from 87.5% in 2019)
Institutional Arrangement and Cooperation: 88.89% in 2021 (from 66.67% in 2019)
Paperless Trade: 96.3% in 2021 (from 81.48% in 2019)
Cross-Border Paperless Trade: 66.67% in 2021 (from 55.56% in 2019)

The overall score of India has also been found to be greater than many OECD countries including France, UK, Canada, Norway, Finland etc. and the overall score is greater than the average score of EU.

CBIC, has been at forefront of path breaking reforms under the umbrella of ‘Turant’ Customs to usher in a Faceless, Paperless and Contactless Customs by way of a series of reforms. This has had a direct impact in terms of the improvement in the UNESCAP rankings.