Export Import Data - To Analyze Products Demands and Supply

Posted by Export Import Data on February 25th, 2021

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-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 export-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 export data are:-

• Mineral fuels and oils
• Electrical and electronic equipment
• Machinery
• Vehicles
• Plastics articles

The India 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.