The best way to get customs import and export data from each country

Mondo Finance Updated on 2024-02-23

1. The importance of obtaining customs import data.

Obtaining accurate and timely customs import data is very important for exporters and merchants. Customs import data can help enterprises and merchants understand the import market situation of the target country or region and find out potential business opportunities. Having comprehensive and timely customs import data will greatly improve the competitiveness of export enterprises.

1.Understand the caliber of the target market and changes in demand.

Through the latest customs import data of each country, enterprises can grasp the import value of the target country or region in real time, year-on-year changes in imports, import volume of different categories of products and other information. This can help companies keep abreast of changes in the caliber and needs of their target market, and adjust their business strategies accordingly.

2.Look for potential business opportunities.

Customs import data can show a country's import dependence on a certain type of product and its growth rate. By analyzing the data, companies can identify products with high growth potential and a small share of current imports, which may indicate potential business opportunities. Seizing these opportunities will help enterprises to open up new export growth points.

3.Gain insight into competitor movements.

Customs import data will include information about the importer in the destination country and the origin of the product. With this information, companies can analyze competitors' market share in the target market, pricing strategies, etc., in order to develop targeted marketing strategies.

2. Ways to obtain import data of customs of various countries.

Obtaining timely and accurate customs import data from each country is not an easy task. Here are a few more feasible ways to get it.

1.Subscribe to the Customs Data Service.

The most straightforward and effective way to do this is to subscribe to a professional customs data service that regularly collects and analyzes the latest import data from the customs offices of various countries. For example:

Panjiva provides customs data for more than 200 countries and territories around the world.

ImportGenius mainly covers U.S. customs data.

Trase provides customs** data for countries such as Brazil.

Resolve provides ** and customs data for multiple countries in Africa.

By subscribing to these services, businesses can get the required customs import data of each country in the first place. But this service tends to be more expensive.

2.Contact your local service provider.

Some local investment promotion agencies also issue regular customs import and export reports. The latest customs import data for the country is also included in these reports.

Companies can contact these agencies directly to obtain relevant data reports. For example, investment promotion agencies, chambers of commerce, etc. The data may not be very detailed and timely, but it is freely available.

3.Collect publicly available data online.

Some countries disclose import and export data on the sector. Enterprises can use search engines to collect customs import data that needs to be publicly released by the state. The data may be time-sensitive, but it is available for free.

For example, Eurostat publishes data for EU countries, including import data. The International Centre also provides data for a number of countries. This requires companies to spend time researching online.

4.Engage a local** or professional service provider.

If an enterprise urgently needs detailed and timely customs import data of a country, it can consider entrusting a local ** agency or professional service agency to collect data. There may be a fee, but detailed import data tailored to your business's needs can be obtained.

III. Precautions for obtaining customs import data.

Define the data metrics, countries and frequencies you need to avoid getting useless data.

Choose a reasonable way to obtain data, and weigh the cost of capital and the timeliness of data.

Pay attention to data consistency, there may be discrepancies in the data published by the same country in different channels.

When analyzing the data, consider the methodology (party**) to understand and use the data correctly.

We value data privacy and comply with the regulations on the use of data in different countries.

To sum up, it is very important for exporters to obtain comprehensive and timely customs import data of various countries. Enterprises can obtain it by subscribing to data services, contacting ** departments, online collection, etc. However, you need to clarify your own needs and choose the appropriate way to obtain them. When using data, you also need to pay attention to issues such as consistency and party **. Access to high-quality customs import data will effectively enhance the international marketing decision-making capabilities of enterprises.

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