Benefits of Global Trade Data for Exporters and Importers

The worldwide major reform of the twentieth-century "globalization" opened the wider window for the global trade. The national economies integrated with the global economic system facilitating the route for exports and imports. For the convenience of the global trade, there is a requirement of a magical key global trade data.

Each global economy is involved in the trade business of export and import, but what all commonly requires that is some sort of data facts i.e. global export import trade data. The trade data consists of statistics about the import and export activities held globally. A comprehensive global trade database is created by compiling trade invoices, shipping bills filed at trusted government departments of the global economies.

Some of the benefits of foreign trade data are -

It helps to understand the export and import status of the global market.
Gives insight about the suppliers and buyers of the traded products.
It helps in the expansion of the global value chain of the exporters and importers.
Primarily serves as the time-saving tool for the traders all over the world.
It provides an overview of the trading activities of the business rival in the global marketplace.

Global trade data provides essential information such as the product description, quantity, HS code, shipping mode, amount, date and time of the shipment, customs duty, etc. of the exported and the imported products/commodities.

The urbanized world demand change in people's lifestyle promoting more need for export and import globally. At present, the volume of the world merchandise trade in 2018 as measured by export and import has grown by 3% globally.

Major exporters in the world include China, the USA, Germany, Japan, South Korea etc.

The list of major importers in the world includes the USA, China, Japan, Germany, UK etc.

By using foreign trade data traders can do market analysis, market research, price analysis, major importers, major exporters of the products etc. In today’s competitive world, trade businessmen require a reliable global import export trade data source to expand their business and to tap on the untouched trade boundaries.

Seair Exim Solutions is one of the top import export data provider companies in India. It offers updated, 100% genuine, real, actual, trusted and reliable global trade data of more than 80 countries such as India, USA, Russia, Mexico, Indonesia, Vietnam, etc. Our major services are USA import data, Indian imports data, export data, import data Indonesia, Vietnam export data, Russia customs data, Mexico trade data, Kenya shipment data etc. You can find various free resources related to import export business like HSN code list, HS code search, HSN code finder, sac code list, sac code finder, custom duty in India, custom import duty India, custom duty calculator, foreign ports, trading partners of India, GST rates in India, GST rates list and many more on our website – seair.co.in.