Export Import Data - To Analyze Products Demands and Supply

By

Export and import are the two components of international trade. International trade can be of products or services and is the exchange of goods and services across a country borders. Some of oldest international trade routes are the Silk route, Uttarapatha, Amber Road, and Atlantic Slave Route. International trade is complicated it is affected by international events. According to  import export data of 2021 that trade volume will fall by 9.2%. Experts believe the trade volume will rebound to 7.2% in 2021.

Supply and demand keep international markets functioning. The import and export data help to determine quantity and price dynamics of any commodity.  Importers and exporters can study the database to identify new opportunities for diversification their product portfolio or add value to the present product portfolio.  The import data can help traders abreast of international trade trends, scrutinize a country’s export performance and improve selection of export markets and suppliers. Traders can use the information available for in-depth market analysis and learn more about the supply chain of the competition.

The top traded commodities according to import and export data are:-

·         Mineral fuels and oils

·         Electrical and electronic equipment

·         Machinery

·         Vehicles

·         Plastics articles

 The export import data is collected from ports across the world. The database is made from raw data collected from governmental departments, different trade bodies, shipping and logistic experts. The data traditionally contains the following information:-

·         Exporters name and contact details

·         Importers name and contact details

·         HS Code of the product and product descriptions

·         FOB Value

·         Quantity and Total Unit

·         Export country and Port of Origin

·         Import country and destination port

·         Shipment mode

According to export-import data the countries that export

·         China

·         The United States

·         Germany

·         Japan

·         South Korea

Shipment data  can reveal interesting trade patterns. The shipment data reveals the busiest ports in the world are:-

·         Port of Shenzhen.

·         Port of Ningbo-Zhoushan

·         Port of Hong Kong.

·         Port of Busan.

·         Port of Guangzhou.

 

Popular posts from this blog

Export Import Shipment Data: A Key to Success in EXIM Business!

By
Image
Every Indian trader is in the race to be ahead of its fellow traders in the business world. Each one has the urge to see their business flourishing day by day. When it comes to foreign trade including Indian export and import , it becomes more important to focus on all small details that are crucial for business. With the share of the profit coming from the export of the Indian commodities and going in the national treasury, the Indian government is also showing great interest in the export and import business of India. Therefore, to have an error-free trade, the trading community requires a top-quality India import export data . Export import shipment data give a competitive edge by serving the traders in the best possible ways. The EXIM data contain complete shipment details of the products traded via seaport, airport or ICD including information like the specification of products, value, and prices of products, quantity, and quality of products. Also, import export...
Read more

Indian Customs Data: Enhance Trading Business in India

By
Image
Before starting an import-export business in India, you need to have details about shipments which arrive in and leave from the country. To successfully run business, it is required to have appropriate and updated shipping information & trade statistics of the country. And to collect Indian trade statistics or figures, Indian Customs Data would be a great solution. This is a market analysis and research report that helps to examine the current market trends, scenarios, and ups & downs. It has detailed records of products which are imported in and exported from India. It is extremely important and plays an integral role in the global trading scenarios. This source is very useful for Indian importers/exporters and international importers/exporters to execute an in-depth study on the Indian marketplace. It reveals the actual value of Indian imports and exports. If one wants to trade in and from India then he/she needs Indian Customs Data that should be authentic a...
Read more

Import Export Data Report: A Key to Your Business Success!

By
Image
Today’s global economy has constantly been achieving the new heights as two-sided universal trade is taking place all around the world. For operating worldwide trading transactions, it is important to know about the customs duties, export taxes, excise duties, import taxes, export products, and import products. Most of the firms easily manage these transactions as well as the collection of these duties and taxes while others face complexity. In order to lessen complexity faced by people all around the globe, market research sources like Export Import Data Solutions provide online services like Import Export Data . Well, this trade data has all the required information that one needs. Many products are traded in the global marketplace every single day. Nowadays, it has become important to have details like which products are mostly import/export , at which price, at what amount, etc. Export Import Data is what that gives all these details along with a clear picture of the current ...
Read more