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There are numerous opportunities in export import for those who want to enter a new market for their products and services or invest in a foreign country. But to get to this data and work with it can sometimes pose a problem in the absence of the proper resources. Our new data platform is designed to reveal the insights into global trade and equip businesses with knowledge for their Expansion strategies.
A General Information about Our Data Management System
We are proud of the work done and have developed an easy to use platform housing trade data of over 220 countries. It contains data on the balance of trade for more than 5000 products, tariffs, rules of origin, NTMs, trade partners, trade agreements, LPIs, etc.
Whether you need to discover new overseas growth prospects for your business, conduct market research, assess regulations and duties, or track trade flows, you gain all the necessary intelligence from our platform. To conduct a search, the data can be filtered according to country, product, measure, or agreement. It is also depicted in the form of a dashboard and map which is an interactive representation of the dataset.
Key Benefits
Discover New Markets
Import demand statistics are clearly displayed, allowing for quick identification of gaps in the market and new buyer markets to pursue across the countries and products. Use two markets and compare them according to their values or growth rates.
For example, refine products with a consecutive year on year import growth rate of more than 10% for the last decade in Asia. It is recommended to utilize this analysis when making decisions about export strategies and the marketing budgets for specific goods.
Understand Customs Procedures
Find out what formalities and procedures apply to import customs in various countries, what documents are necessary, and the possible price and time frame. This enables one to schedule compliance work and supply chains so that they do not incur a fine or have a gap in compliance.
Monitor Tariff Changes
Get notifications on any change in preferential or the most-favored-nation duty rates occasioned by trade agreements or a broader change in the duty structure. This guarantees that general pricing procedures adjust according to changes in imported goods costs and competition.
Analyze Trends
Annual changes in trade flows, that is, which economies are growing in terms of trade or shrinking in terms of trade. Combined with macroeconomic data, structural changes in the patterns of trade activity can be distinguished from seasonal or cyclical movements by businesses.
Gain Competitor Knowledge
Check product market share against benchmark competitors in a country. Also new competitors who emerge to exploit specific trade axes and openings are also identified.
Inform Negotiations
It substantiates the negotiative stances with logistics providers buyers and government agencies through presenting them facts.
Key Features
Our trade data platform comes with the following features to facilitate insight discovery:Our trade data platform comes with the following features to facilitate insight discovery:
- They maintain a searchable database that accounts for ninety-nine percent of the global amount of merchandise trade.
- A set of functional tools to operate with trends
- The charts and tables that are created can be adjusted to the client’s specifications.
- Export as a downloadable data and image.
- Hub application for tariff rate to determine the actual import cost
- Communication and collaboration tools in order to disseminate the results
- The trade flow within a specific period
- Notifications regarding the release of new data or other events as specified by the user
- SOA provided APIs and database connectors for system integration
- A dedicated account manager and around the clock support available
As for the platform interface, it employs the advanced technologies while having the business person’s oriented interface and the advanced dashboard. They provide a way to mask the complexity of converting raw trade data into practical strategic knowledge.
Discover More About Global Trade Now
Get a chance to enter foreign markets, compare your results with similar businesses, and know about customs in different countries. Thus using our smart intuitive data platform, all the data required for international business expansion and competitiveness is available 24/7.
Please contact us for an information promotional and personalized presentation on trade data analytics to answer your market expansion questions and analysis. Find the trade intelligence that can help you to expand overseas.
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